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ChemConnect and ForestExpress to link
HOUSTON, Texas (March 10, 2003) – Connection hub, ChemConnect, which assists customers to optimize their purchasing and sales processes for feedstocks, chemicals, plastics, and related products, and ForestExpress, the transaction processing network for the forest products and allied industries, are to connect to each other’s networks, enabling member companies of each hub to exchange electronic business documents without having to establish and maintain costly one-to-one connections.
ChemConnect (www.chemconnect.com) provides its members back-end connectivity to global trading partners in multiple industries. Transactions are based on Chem eStandards, the inventory, forecasting, and collaboration electronic messages developed by the Chemical Industry Data Exchange (CIDX), for the transfer of eXtensible Markup Language (XML) documents. Through hub-to-hub connections, ChemConnect supports other XML-based, EDI or flat file documents.

E-business solutions company, ForestExpress (www.forestexpress.com) supports a variety of formats including EDI, XML, and papiNet, the global electronic standards initiative of the paper and forest products industry, and provides services and solutions including B2B integration, catalog content services, and timber sourcing via an electronic marketplace.

For the first time, customers will be able to leverage their ForestExpress and ChemConnect network connections and use their own preferred standard format, whether papiNet or CIDX. The companies anticipate that the hubs will be exchanging documents in the next quarter, promoting interoperability between existing and potential trading partners, automating and streamlining key business processes.

“ForestExpress and ChemConnect have a natural affinity and this relationship will create tremendous value right out of the gate,” said Bob Renner, ForestExpress CEO. “Many of our customers are moving to integrated relationships with their key suppliers; this connection allows that collaboration using an established connection to our network.”

ChemConnect CEO John Robinson added, "As major trading partners with the forestry industry, chemical companies are looking to better integrate business processes. By linking with ForestExpress, we continue to deliver on our commitment to drive value for our members. Hub-to-hub connections like this remain a cornerstone of our push to promote supply chain efficiency."




A new pollution solution – fuel cells for fresh air
TORONTO (August 20, 2003) - The first phase of a new clean air initiative, fuel cells for fresh air, have been unveiled at the Canadian National Exhibition’s (CNE) Green Day event!
Core Microsoft Office products are complete and released to manufacturers
REDMOND, Washington (August 20, 2003) - Microsoft has now completed the core products in the new Microsoft Office System and has released all products to manufacturing, marking what Microsoft describes as a critical step in the delivery of the company's most powerful and and valuable release of Office.
Aberdeen: IT today must start with business priorities
The slow economy of the past three years has fundamentally shifted the relationship between Information Technology and the business units they support, and Aberdeen Group predicts the change is here to stay. Gone are the go-go days of the late 1990s when IT spending became "a technology arms race." Today, IT is more firmly focused on incremental returns, enabling change and supporting business goals.
AMR: In projecting ROI, think long term
When calculating the projected return on investment (ROI) from a Manufacturing Execution System (MES) project, AMR Research believes most companies are so focused on the near term they are missing the larger picture. More importantly, what AMR has documented for MES projects seems likely to apply to the broader universe of IT decisions as well.
AspenTech honors Owens Corning with Customer Innovation Award
WASHINGTON (October 28, 2002) - Aspen Technology, has honored Owens Corning with its first Aspen Technology Customer Innovation Award. The award recognizes Owens Corning's application of AspenTech's manufacturing solutions to increase the profitability of its roofing and insulation plants.
eToken ensures secure access to SAP solutions
CHICAGO (March 14, 2003) – According to digital security provider, Aladdin Knowledge Systems, eToken has been successfully interface-certified by SAP, providing customers with an innovative USB authentication solution.
Bayer to manage price risk with online tool
WAYNE, Pennsylvania (December 3, 2002) -- Bayer Corporation has signed an agreement to access Planalytics GasBuyer, a Web-based risk management tool for purchasing and hedging natural gas.
Ashland names Cappeline vice president
COVINGTON, Kentucky (December 3, 2002) -- Gary A. Cappeline, 53, has been named vice president, Ashland Inc. (NYSE: ASH), and president, Ashland Specialty Chemical according to James J. O'Brien, Ashland Inc. chairman and chief executive officer. The appointment will be effective December 4.
Managing for high performance: It's all about respect
HORSEHEADS, N.Y. (December 3, 2002) -- Poor management practices are to blame for everything from low employee morale to repeated corporate downsizing, says syndicated business columnist Gene C. Mage.
Solutia to sell resins, additives, adhesive businesses to UCB
ST. LOUIS, Missouri (December 3, 2002) -- Solutia Inc. (NYSE: SOI) today announced that it has signed a definitive agreement to sell its resins, additives and adhesives businesses to UCB S.A. for U.S. $500 million cash. In addition, UCB has made an upfront payment of $10 million for a short period of exclusivity. The sale is expected to close in early 2003, subject to completion of normal regulatory approvals and other customary closing conditions.
Mitsubishi Chemical Group to launch plastics solution site
TOKYO, Japan (October 29, 2002) - Mitsubishi Chemical and 10 Mitsubishi Chemical Group companies are to launch a plastics solution site on the Internet from November 1, 2002. Following its launch, the Web site can be found at www.plastics-net.com.
Elemica and Optimum Logistics form strategic alliance
STAMFORD, Connecticut (October 30, 2002) - Elemica, an e-hub serving the chemicals industry, and Optimum Logistics, a provider of supply chain execution, event management, and trade documentation to global shippers, have formed an agreement to provide Optimum Logistics solutions via the Elemica Network.
Atrion launches ChemAware, online chemical legislation database
MONTREAL, Canada (June 25, 2003) - Atrion International has launched ChemAware, a free online database of global chemical legislation for nearly 200 countries. ChemAware enables professionals to quickly and easily query for specific legislation in a certain country and, if it exists, to find where that legislation is located on the Internet.
Brenntag Canada offers improved online ordering
TORONTO, Canada (November 29, 2002) -- Brenntag Canada has launched a new "On-Line Store," allowing its customers to place and confirm orders online.
Praxair adopts new governance practices
DANBURY, Connecticut (November 27, 2002) --Praxair, Inc. (NYSE:PX) on Tuesday announced significant changes in its practices for corporate governance and the board of directors, designed to enhance the board's effectiveness in fulfilling its responsibilities and to serve the interests of all Praxair stakeholders.
Aberdeen: Collaborative planning holds promise with the right data
A wise electrical engineer, in explaining why his company's energy savings program had achieved negative results, once said: "If you can't measure it, you can't manage it." According to a new report from Aberdeen Group, that observation is as true for collaborative planning as it is for electricity.
Online procurement: process change trumps new tools
A new Forrester study on Internet procurement trends shows just how prevalent online buying has become while documenting the growing disparity between large and small firms.
H.B. Fuller taps ChemConnect to extend online sales, sourcing
HOUSTON, Texas (November 25, 2002) -- Specialty chemical maker H.B. Fuller has committed to use ChemConnect to expand its online strategic sourcing and sales initiatives.
Gartner: IT leaders must continue to invest in their people
BRIDGEWATER, New Jersey (November 25, 2002) -- Today's short-term focus on cutting IT costs by reducing head count and cutting back on employee development will leave many companies unable to meet the demands of new business as the economy rebounds, according to a new report by people3, a Gartner company.
Nexant honored for ChemSystems Online consulting platform
LONDON (November 22, 2002) -- Nexant, which provides technology solutions and consulting services to energy and petrochemical firms, has received the British International Expertise Award for 2002 for its work in developing ChemSystems Online, a Web-based consultancy platform (www.chemsystemsonline.com).
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