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Product category: Engineering Industry Developments and Awards
News Release from: Omnexus
Edited by the Engineeringtalk Editorial Team on 10 May 2002

Marketplace supports messaging standards

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Global plastics e-marketplace Omnexus is supporting the most recent Chemical Industry Data Exchange (CIDX) messaging standards, version 2.02.

Global plastics e-marketplace Omnexus is supporting the most recent Chemical Industry Data Exchange (CIDX) messaging standards, version 2.02 Comprising multiple chemical companies, several marketplaces and service providers, CIDX formed the Chem eStandards initiative to promote standardisation of XML-based data exchanges in an industry quickly moving to an e-business environment

The successful launch of the Chem eStandards latest release, version 2.02, allows Omnexus to communicate at the deepest possible level with the more than 20 suppliers on its advanced eProcurement platform.

"All chemical-related companies, including Omnexus, will benefit from the efficiencies of standardisation", said Michael J Walsh, interim CEO of Omnexus.

"By adhering to standards such as version 2.02, Omnexus and others involved with CIDX strive to reduce the cost of online transactions and improve the flow of important business information, to the ultimate benefit of our customers".

As Omnexus evolves its own technology to remain at the forefront of e-business growth, it has also helped to define the Chem eStandards.

The company's involvement with CIDX has led to the organisation's adoption of two Omnexus-developed data structures for pricing and availability messages.

The structures will be incorporated in version 3.0 of the Chem eStandards, to be released in June 2002.

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