EXTON, PA--(Marketwired - Dec 17, 2013) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces that nine of the top ten companies listed on the ICIS Top 100 Chemical Companies annual ranking conduct commerce through Elemica's QuickLink Network. On the total list of 100 companies, 75 utilize Elemica's Supply Chain Operating Network for their procurement, order management, logistics, or customer management needs. Elemica helps these companies stay ahead of the competition by reducing their operating costs, making them easier to do business with, supporting their ability to differentiate through service, creating more rapid responses to market opportunities, and accelerating their time to value.
"Companies in the chemical, oil & gas, specialty chemical, plastic, pharmaceutical and biotechnology markets appear on this prestigious list, with fourteen of the top fifteen, or a whopping 94%, connected to the Elemica QuickLink Network," said John Blyzinskyj, CEO of Elemica. "These world-class businesses realize significant benefits from the powerful insight they receive as a result of their connectivity into our B2B platform. Plus, being able to conduct business over Elemica's supply chain operating network drives greater value faster, yielding dramatic working capital reduction and improved cash flow, which inevitably adds to the bottom line of those recorded on the ICIS Top 100 list."
ICIS Chemical Business magazine presents the annual ICIS Top 100 Chemical Companies, a global listing of sector leaders ranked by 2012 sales, and sponsored by global investment bank The Valence Group. Topping the list once again is Germany's BASF with $95.1B in sales, followed by China's Sinopec at #2 with $64.9B and US-based ExxonMobil Chemical at #3 with $60.9B in sales. US-based Dow Chemical with $56.8B in sales comes in at #4, followed by Saudi Arabia-based SABIC at #5 with $50.4bn in sales. The ICIS Top 100 Chemical Companies had combined sales of $1.39 trillion in 2012. The full list can be downloaded here: http://www.icis.com/contact/the-icis-top-100-chemical-companies-listing-2013/.
Breaking down the list further shows the numbers that are conducting business through Elemica:
- 14 of top 15 Top 100 Chemical Companies
- 22 of top 25 Top Chemical Companies
- 41 of top 50 Top Chemical Companies
- 9 of top 10 North America Chemical Company Leaders
- All of the top 10 European Chemical Company Leaders
- 6 of top 10 Asian Chemical Company Leaders
"Elemica continues to focus primarily on the global process industries, as we understand the unique business needs of the companies within this market. The number of clients we have in this space, as highlighted by their representation in the ICIS top 100 list, really validates the significant value our products deliver," added John Blyzinskyj.
Elemica works with 75% of the companies on the ICIS Top 100 Chemical Business list for 2013 and has helped these businesses reduce operational costs, remove invoice errors for faster payment, deliver "perfect orders," lower transportation costs, lower inventories, and more. Elemica's "Come As You Are" approach allows companies to quickly and easily integrate without changing their internal processes so they can reap the advantages of a powerfully collaborative commerce network.
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 nearly $230B in annual transactions across more than 6,500 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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