Matthias Zachert, Chairman of the Management Board of LANXESS AG, said: "Developing a new business model is an important part of LANXESS 'digital plan. We have launched CheMondis, a digital trading platform specifically tailored to the needs of the chemical industry."
According to Sebastian Brenner, Managing Director of CheMondis GmbH: After in-depth development with selected customers, CheMondis currently offers about 500 products from different suppliers. "During the development of Chemondis, we have always focused on the needs and aspirations of our customers. The result is a highly modern and reliable online market where chemical products can be traded. In just a few weeks, more than 200 companies have registered, We combine the wealth of knowledge, entrepreneurship and high-level technical expertise we have gained from the chemical industry. "
CheMondis is a wholly-owned subsidiary of LANXESS. This fledgling company has its own workforce, brand, IT systems and corporate headquarters in Cologne.
CheMondis stems from the company-wide digitalization initiative launched by LANXESS in 2017. To this end, the group has established an independent group function under the leadership of Chief Digital Officer Jörg Hellwig. The program's core areas of action are the development of digital business models, the introduction of new technologies throughout the value chain, the development and use of big data, and the development of digital expertise for employees.