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In the Press

Polymerupdate.com launched Sharad Mistry, Financial Express MUMBAI 24 May 2000

Even as chemical industry players are engaged in e-fight to grab maximum attention and possibly more, if not maximum, moolah, from the e-participants, polymer traders are not far behind.

A group of some four traders in Mumbai joined hands to launch, though silently, `polymerupdate.com', claiming to be a one stop polymer industry's information shop'.

Sajjid Mitha, CEO, Far East Trading Co., Bright Brothers vice-chairman and managing director Suresh Bhojwani, Indian Plastics Institute former chairman Arshad Khan and consulting plastic technologist Amir Ladhaboy have joined hands to launch the polymer business portal.

The launch of polymerupdate.com at a time when petrochem majors are preparing themselves to have their own websites and plans to launch petroproducts B2B portals are also said to be afoot.

Originally launched in November last, the polymerupdate.com is said to be targeting an entry into the electronic commerce by creating a marketplace which will allow online trading of plastic resins and compounds.

Polymerupdate.com expects resin manufacturers, distributors, brokers, compounders and processors to use the e-marketplace.