Elemica is not owned by any 3rd party companies. It is actually owned by such members as a consortia net marketplace. Elemica’s objective is planned to offer a long term market place relations to supply direct contributions to the manufacturing process.
ChemConnect is opposite of Elemica, it is actually privately owned by one person. They do have a 3rd party firm that offers a bidding platform for chemical firms and delivers software to organize communications amongst the contestants in the platform.
2. If you were the owner of a small chemical company, what concerns would you have about joining Elemica?
As an owner of a small chemical company, I would need to know about their system and how to operate it. I will want to make sure they would be able to handle an abundance quantity of commodity requests by other business partners. I will want to make sure there is not interference in the system shutting down. I will want to make sure that I am trained well enough to handle and glitches to resolve the problem as soon as possible instead of waiting for a technician to come out. This is all an interference we will want to avoid to help protect the business flow. The great thing is that Elemica does offer a Web portal to help small business owners that may need the technological support. This alleviates the needs for an IT staff member.