Enron Global Markets becomes newest equity participant of Envera

Feb 15, 2001 01:00 AM

Envera announced that Enron Global Markets has become its newest equity participant and trading member. Envera is a leading global electronic network for chemical and petrochemical industry, b2b transactions and services.
Enron Global Markets will connect its petrochemicals, natural gas liquids and plastics systems to the Envera network. Additionally, Envera will become the Preferred Settlement Network for members' petrochemical transactions with Enron Global Markets. Envera members also will have access to Enron's world-class product and service offerings.
"We welcome Enron as a member of Envera," stated Bob Mooney, Envera's CEO. "As our newest member, Enron extends Envera's value proposition by opening up to Enron's trading verticals, including new industries such as oil and gas, petrochemicals and plastics to Envera's trading members. Furthermore, our members have enhanced access to Enron's many services, continuing Envera's "Business for Business".
Envera is a trusted e-business solutions provider that improves members' supply-chain communications and fosters business growth in the chemical and petroleum industries. Envera's initial equity and trading partners include: Albemarle; Borden Chemical; Enron Global Markets group of Enron; Equistar; Ethyl; Lubrizol; Lyondell Chemical; Mays Chemical; Occidental Chemical; Phenolchemie; and Solutia.

Source: Envera