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Elastomers e-marketplace planned

Published on .

A group of giant suppliers in the elastomers industry, an estimated $40 billion global market, announced they have signed a letter of intent to create an e-marketplace. Bayer, CK Witco Corp., DSM Elastomers, DuPont Dow Elastomers L.L.C., Flexsys, M.A. Hanna Rubber Compounding and Zeon Chemicals L.P. will be equity partners in the e-marketplace, to be called ElastomerSolutions.com. The site is expected to launch in the third quarter. Discussions are under way with additional potential investors, including Advanced Elastomer Systems (AES) and Enichem S.p.A. Elastomers Division. The site will be open to all industry suppliers and customers. The technology partner is Lante Corp. Elastomers are synthetic rubber, latex and other coatings.
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