Chemical Weekly

 

EbizChem launches partnership with Chemexcil-Trade zones with DMAI and AIA and other chemical associations to follow

Three major industry associations, who together represent more than 9000 companies, have come together to form a common electronic trading platform for their members, as part of ebizchem- a B2B platform for chemicals and related products.

In the first step towards such an alliance, ebizchem launched 'Chemexciltradezone'  in partnership with the Chemexcil- the export promotion council for chemicals and related products. Very soon similar trade zones are to be launched in collaboration with the Dyestuffs Manufacturers' Association of India (DMAI) and the Ankleshwar Industries Association (AIA), which has amongst its members companies that operate in one of the largest chemical zones of India.

When the trade floors for the three associations are complete Ebizchem will allow members to come together to transact business not only among themselves, but pose as a single point of reach for any international buyer or seller of chemicals. "The cutting edge platform developed by Ebizchem allows every partnering association to provide the services to their members under their own respective identity. This will also enable them to build their own global presence", a press release issued by ebizchem said.

"For the first time any where in the world multiple associations will share a common platform for the benefit of their members. Ebizchem is already in dialogue with nine other chemical  and related associations and is expecting them to join this integration of association soon", said Mr. Suhrid Shah. Managing Director and CEO of ebizchem.

According to him, users from all sectors of the industry and of varying sizes have begun to use this platform and are reaping rich benefits. Large companies such as BASF (I) Ltd.,  Mumbai; SRF Ltd., New Delhi; Dharamsi Morarjee Ltd., Mumbai; Metrochem Ltd,  Ahmedabad are part of the e-commerce platform. "SMEs like A.K. Chemicals, Ahmedabad; Nutan Dyechem P. Ltd., Surat have already found new customers and signed up lucrative deals", the press release said.

The services offered by Ebizchem are focused basically on bridging the information gap by integrating multiple source of information; and providing a dynamic community for instant exchange of information and communication. According to Mr. Shah, these are the key drivers for the success of any business. "With the world shrinking and competition heating up, the success of any organization depends on its capabilities of responding to change. The key driver for this is information on market and the speed of response", he said.

Ebizchem has focused all its solutions to address this key area of success. Most importantly, these solutions are delivered in a customized pakage through its cutting edge platform 'MyOffice', which delivers customized information and provides the facilities for a dynamic relation between related buyers and sellers of an organization.

First in the world
      The chairman of Chemexcil, Mr. Kishore Chokhani, who was present in Ahmedabad to launch the collaboration, observed that Chemexcil will be one of the world's first associations to be able to offer their members such an advanced service. "As the world changes, it is our mission to continue to find the world's best resources to further this goal. Our latest initiative is to create an Internet-based trading platform for our members", he said in a press release issued on the occasion.

According to Chemexcil, the alliance will provide many benefits to members:

  1. Members will now have easier and faster access to immense and current buying and selling data in their own offices.

  2. They will be able to see who needs what products and make instantaneous offers to them.

  3. This platform will also allow them to conduct confidential negotiations and close deals.

  4. They will now be able to source their requirements of raw materials and intermediates from a wider range of sources than ever before- thus increasing their competitiveness.

"In effect, instead of just a few trade fairs every yea, Chemexcil members will now have access to world buyers every day on their desktops", the release said.

Referring specifically to the tie-up with ebizchem, Mr. Chokhani said that Chemexcil had chosen to collaborate with ebizchem "after having studied various B2B platforms". "We found that their technology was far superior and far more practical to use. Apart from the real-life trading experience of the developers, what convinced us was the actual experience of some of the easier users of the technology", he added.

DMAI looking to further exports
   
DMAI officials said the dyestuffs industry had long felt the need for quick communication facilities to have a competitive edge in the global market to sustain growth. "It was in this context that when ebizchem approached us offering services for devising a common platform....a consensus was arrived at to avail of their services to promote and develop business avenues. The fact that some of the leading associations and business houses in the country had already entered into business tie-up arrangements with ebizchem also weighted with us while deciding so", an official release from the association said.

Mr. D.K. Patel,  Chairman, Public Undertaking Grievance Committee, Ankhleshwar Insustries Association (AIA), expressed his initial skepticism to the idea due to the very low penetration of the net as a medium of education in the industries located in the area. "It was ebizchem, who initiated the process of convincing our members about the benefit of the information and how easy it was to use the platform", Mr. Patel noted. To acquaint members with the tools of the trade, AIA proposes to launch a series of training seminars for the benefit of their members.

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