EXTON, PA--(Marketwired - Nov 12, 2014) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces that nearly seventy-five percent of the companies on the IHS Chemical Week's Billion Dollar Club list are Elemica clients. For the eighth straight year, BASF, an Elemica client, retains the top position of $81.5 billion, the magazine's annual ranking of chemical makers by revenue.
"Elemica helps global chemical companies automate commercial and logistics business processes and form deeper collaborative relationships across their trading partners, thereby increasing productivity and lowering costs, leading to superior operating results," said Juan-Carlos Mani, Vice President of European Sales at Elemica. "With Elemica's Supply Chain Operating Network, our clients are able to extend their enterprises outside their four walls and transform their supply chains into real-time, B2B customer-centric value networks."
"World GDP growth and trade, which are closely linked, will accelerate. Chemical production will continue to outpace global GDP growth to enable higher living standards for the world's growing population," states the American Chemistry Council (ACC). "Following a decade of lost competitiveness, chemistry is reemerging as a growth industry."
Other highlights gleaned from the annual list include:
- 9 of the top 10 companies on Chemical Week's Billion Dollar Club list conduct commerce on Elemica's Supply Chain Operating Network.
- 80 of Chemical Week's Top 110 Billion Dollar Club companies are integrating their supply chains through Elemica.
Raw material cost volatility, competitive pressures, increased demand variability, and leaner supply chains are requiring global chemical companies to alter their supply chains and adopt new strategies and tools. Elemica's Supply Chain Operating Network transforms businesses to focus on customer-driven supply chains that can sense and quickly respond to varying demand.
About Elemica
Elemica's Supply Chain Operating Network is designed to give clients greater control over their global supply chains. Capturing transaction data, across all trading partners, and translating it into actionable information is key to driving value out of the supply chain. By combining powerful SmartLink business process applications with a robust QuickLink Network, Elemica solutions improve operational efficiency, lower costs, and decrease working capital. Founded in 2000, Elemica today processes approximately $325B in annual transactions across more than 7,000 process industry trading partners. Elemica's global operations are headquartered outside Philadelphia and include offices in Amsterdam, Atlanta, Frankfurt, London, Seoul, Singapore, and Tokyo. Clients include BASF, BP, Continental, The Dow Chemical Company, DuPont, The Goodyear Tire & Rubber Company, LANXESS, Michelin, Shell, Solvay, Sumitomo Chemical, and Wacker. For more information, visit www.elemica.com.
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