Business
If you were a procurement manager looking for chemical components in the 80s, this is how your routine would look like: you would spend most of your time talking to suppliers over the phone, meeting them for lunch and traveling to trade fairs. Good prices would depend largely on the relationships you have in the industry. And after days of scouting, you would fill out a form and send it by fax to place your order. It might sound anachronistic, but this is more or less how the market for chemical components still looks like today. CheMondis, a startup backed by the German multinational Lanxess, is trying to change that. It just started offering a digital platform to connect buyers and suppliers. In this interview, managing director Sebastian Brenner, explained the process behind the creation of this corporate startup. He also talks about the necessary distance that CheMondis needs to keep from Lanxess to succeed in the market.