The company also announced plans to include logistical services like tracking, testing and surveying and financial services like e-insurance, risk management, credit validation etc, on the site. While the dot.com is registered in New Jersey, USA, and looking forward to VC funding to expand operations, the parent company is likely to go in for a domestic float to develop B2B solutions.

Chemtrading.com will address the existing global opportunity in B2B e-commerce at chemical market place and provides an open, neutral market for manufacturers, buyers and sellers, a company spokesperson said.As part of its plans, the company is developing an integrated solution forsourcing of chemicals and plastics.