
Chemball Hangzhou Chemicals
International trade service platform for the chemical industry.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Growth Equity VC | |
Total Funding | 000k |
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Chemball (Hangzhou) Chemicals Co., Ltd. operates as a foreign trade service company in the chemical sector, established in 2017. The company runs CHEMBALL.com, an online B2B platform launched in October 2021 that connects Chinese chemical manufacturers with global buyers. The platform provides a free cloud display for manufacturers and aims to facilitate transactions by mitigating trust barriers between parties.
The firm's business model involves providing trade services, including supplier qualification, product quality supervision, and logistics advice, acting as a third party in transactions. It leverages internet technology, big data, and cloud services to upgrade traditional chemical trade, matching supply and demand and helping Chinese chemical enterprises with supply chain stability. Revenue is generated by bringing actual orders to manufacturers.
Chemball's product scope is extensive, initially focusing on traditional chemical exports and later expanding to include enzymes and enzyme-based products. The platform lists over 15,000 chemicals, including pharmaceutical intermediates, APIs, food and feed additives, dyes, pigments, pesticides, surfactants, and solvents. These products are exported to markets in India, Southeast Asia, Europe, and the Americas. The company serves a large base of factories and international buyers, reporting over 3,000 factories and 2,000 buyers using its services.
Keywords: chemical trade, B2B platform, supply chain services, chemical sourcing, export-import, pharmaceutical intermediates, food additives, logistics advice, supplier qualification, global buyers