Elemica, the global neutral network for inter-company commerce and supply chain optimization for buyers and sellers of chemicals and related products, announced that it has signed a definitive agreement to acquire Optimum Logistics Ltd., the leading global marine logistics solution in the chemical industry.

Under the terms of the agreement, Elemica will acquire the full technology platform and the ongoing business operations of Optimum Logistics. Elemica will integrate Optimum's technology into the current Elemica platform to launch a global ground, rail, container, and marine logistics solution for Elemica Network companies and will expand its Network to include logistics service providers, terminal and warehouse operators, and freight forwarders.

In addition to the benefits realized by Elemica members, Optimum Logistics' clients will equally benefit from the acquisition. Current Optimum Logistics' client, Lyondell Chemical Company Vice President for Supply Chain, Jeffrey L. Hemmer stated, 'Our desire is to establish a virtual enterprise where we collaborate with our business partners to optimize the overall supply chain." Hemmer continued to say, "We worked extensively with Optimum Logistics to develop a marine logistics information solution and believe it has tremendous potential to become the leading multi-modal technology solution for the chemical industry."

The cornerstone of the Elemica Logistics solution will be the acquired TransLinkTM application integrated with the Elemica Connected SolutionSM.

Together, they provide: Land and marine based transportation arrangement, Logistics Service Provider and shipper web-based visibility and data entry, Supply chain event management, alerting, and reporting, Full integration with on-line document preparation and management, and Full integration with Shipper and Logistics Service Providers' ERP systems.

This solution is available through the Elemica Network as an Elemica hosted application.

Elemica Network member, Rick Gerardo, Vice President of Global Supply Chain at The Dow Chemical Company commented on the acquisition stating, "We view the acquisition of Optimum Logistics by Elemica as a positive move for the chemical industry. Dow currently uses this solution as part of a joint venture and is enthused that Elemica will integrate this logistics platform into the Elemica offering."

Elemica (www.elemica.com) is the premier global neutral network built to facilitate the order processing and supply chain management of contract and repeat chemical transactions. The company offers an integrated suite of products that enables buyers and sellers of chemicals to streamline their business processes and to collaborate to achieve substantial savings. The growing Elemica Network was created through the shared vision, efforts and funding of the following leading global chemical companies: Air Products and Chemicals, ATOFINA, BASF, Bayer, BP, Brenntag, Celanese, CHEMCENTRAL, Ciba Specialty Chemicals, Degussa, The Dow Chemical Company, DSM, DuPont, Millennium Chemicals, Mitsubishi Chemical Corporation, Mitsui Chemicals, Rhodia, Rohm and Haas, Shell, Solvay, Sumitomo Chemical and Univar.

Para mayor información: E-mail: info@elemica.com.