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ChemConnect acquires Gas Exchange

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ChemConnect Inc. said Tuesday it acquired the Industrial Gas Exchange, a gas industry marketplace. The deal lets ChemConnect expand its trading footprint into whole new industries. More and more pioneering e-markets are taking their technology and first-to-market advantage as an opportunity to move into new industries. Industrial gases have many of the same qualities as bulk chemicals, ensuring that San Francisco-based ChemConnect can leverage its existing trading and logistics technologies even as it trades a new commodity.
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