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chemconnect.com

Founded Year

1995

Stage

Acquired | Acquired

Total Raised

$114.04M

About ChemConnect

ChemConnect is a chemical & plastics B2B marketplace

ChemConnect Headquarter Location

3881 Southwest Freeway Suite 471

Houston, Texas, 77027,

United States

832-266-0992

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Expert Collections containing ChemConnect

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ChemConnect is included in 1 Expert Collection, including E-Commerce.

E

E-Commerce

9,317 items

Latest ChemConnect News

Finextra: Finextra PR: IntercontinentalExchange closes ChemConnect acquisition

Dec 16, 2013

IntercontinentalExchange closes ChemConnect acquisition 10 July 2007  |  1211 views  |  0Source: IntercontinentalExchange IntercontinentalExchange, Inc. (NYSE:ICE) , the leading electronic energy marketplace and soft commodity exchange, announced that it closed today on its acquisition of ChemConnect, Inc.'s commodity trading business. ChemConnect is the leading electronic marketplace for the natural gas liquids (NGLs) and chemicals markets, which have a notional value of approximately $150 billion. The acquisition complements ICE's leading position in the U.S. physical gas and power markets. Utilized by the world's largest producers and consumers of NGLs and chemicals, ChemConnect has established a 10-year track record in expanding the markets for these products and providing hedging opportunities for market participants. Also today, ChemConnect transitioned its electronic markets from its former platform to ICE's electronic trading platform, where customers will benefit from a more comprehensive product offering in a single marketplace on the ICE platform. ChemConnect's NGL markets include propane and ethane, while its chemicals business includes commodities such as ethylene, propylene and benzene. Terms for the cash transaction were not disclosed.

  • When was ChemConnect founded?

    ChemConnect was founded in 1995.

  • Where is ChemConnect's headquarters?

    ChemConnect's headquarters is located at 3881 Southwest Freeway, Houston.

  • What is ChemConnect's latest funding round?

    ChemConnect's latest funding round is Acquired.

  • How much did ChemConnect raise?

    ChemConnect raised a total of $114.04M.

  • Who are the investors of ChemConnect?

    Investors of ChemConnect include Intercontinental Exchange, Presidio Partners, Morgan Stanley, Goldman Sachs, Institutional Venture Partners and 40 more.

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