New European Regional Headquarters Fortifies Elemica's Position as Market Leader

Inflection Point in Company's Evolution Driven by Robust Growth of Elemica's Supply Chain Operating Network


FRANKFURT, GERMANY--(Marketwired - Feb 17, 2015) - Elemica, the leading Supply Chain Operating Network provider for the process industries, announces the company will move into a new European regional headquarters. The move comes as a result of sustained double-digit growth and expanding market share. With over seventy-five percent of the companies on IHS Chemical Week's Billion Dollar Club list and the Top 5 chemical companies on Gartner's "2014 Supply Chain Top 25: Chemical" rankings as acclaimed Elemica customers, the company is best positioned to be the Supply Chain Operating Network market leader across the process industries. The material value of transactions on Elemica's network has more than doubled over the past two years to a third of a trillion dollars plus, with approximately 7,500 leading process industry trading partners leveraging their collective activities to capture real market opportunities, business efficiencies and cost savings.

"Elemica's growth is robust and driven by our patented technology, mass partner on-boarding capabilities, and award-winning applications, which together enable us to win significant opportunities from new and existing client engagements," said John Blyzinskyj, CEO of Elemica. "Our new European regional headquarters is in a technology rich campus environment that supports our culture of innovation, helps attract and retain top talent, and further increases our ability to deliver value for our customers."

A significantly increasing number of companies are extending their enterprises outside their four walls through Elemica's Supply Chain Operating Network in order to automate business processes and collaborate with supply chain trading partners. This results in improved working capital, streamlined operations, increased productivity, and more. Elemica's continual investment in its patented network backbone has removed traditional obstacles to real partner collaboration by enabling a "Come As You Are" approach, meaning companies do not have to change the way they do business in order to conduct commerce with their trading partners on Elemica's platform. The rapidly growing number of companies integrated and business processes adopted is creating a network effect that increases the value derived from the platform for all participants.

Elemica's new European regional headquarters is located in Frankfurt, Germany and features a conference and training center, fitness facility, coffee shop and cafeteria. Effective the 20th of February, 2015 the address is: 5th floor, Herriotstraße 1, 60528, Frankfurt am Main, Germany.

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 $350B in annual transactions across more than 7,500 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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Becky Boyd
MediaFirst
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