The European Business Review - July-August 2019

36 The European Business Review July - August 2019

Shake up the Raw Material Trading Landscape

in Pharma, Veterinary, Food and Feed

An online trade platform designed and introduced by

Kemiex and Atradius is revolutionising the B2B global

trade landscape for APIs, vitamins, and other food and

feed additives by integrating digitalisation and credit

insurance in a sophisticated network ecosystem.

T

he annual trade volume for active pharmaceutical

ingredients (APIs), vitamins, and other food and

feed additives is estimated at USD 300 billion, of

which approximately 90% are traded based on long-term

contracts. With a secular shift of production to China

and India and increasingly volatile markets, the share of

spot transactions is growing. zzinto a rather secretive spot

market brokerage industry. Current trading processes are

often time consuming, opaque, and limited to personal

networks. In this complex environment, trading network

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In this complex environment, trading network Kemiex and credit

insurer Atradius are the first to offer an online trading platform

that helps to easily identify reliable and compliant counterparties and

conduct trade in a safe way at the click of a button.

Cover Story