DRAFT Lanxess launches online marketplace for chemicals trading

Cologne, Germany – German polymers & chemicals maker Lanxess AG has launched an online marketplace for chemical products.

Headquartered in Cologne, CheMondis is a wholly owned subsidiary of Lanxess, but has its own workforce, branding and IT systems.

The trading hub is set up as “a cross-manufacturer and cross-dealer B2B platform on which products can be bought and sold,” Lanxess announced 22 Jan.

Over 200 companies have registered on the site in its first few weeks, CheMondis’ MD Sebastian Brenner reported in Lanxess’ announcement.

The platform currently offers around 500 products from various suppliers, including rubber and rubber-related products.

“With CheMondis, we have launched a digital marketplace that specifically targets the needs of the chemicals industry,” said Matthias Zachert, chairman of Lanxess AG.

The launch is part of a Lanxess’ digitalisation strategy started in 2017, with goals including the development of new business models.