Chembid enters into partnership with Coatino from Evonik

Chembid, the search engine and market intelligence platform, and the Coating Additives Business Line of Evonik announce their cooperation.

The platforms have set themselves the goal of making processes and decisions for chemical companies more efficient and driving forward the digitisation in the chemical industry. The basis for this are intelligent, modern technologies such as machine learning and business intelligence services.

Coatino was launched by Evonik at the end of June. The digital assistant supports its users with technical expertise and information about suitable additives and formulations. The unique digital assistant was developed by Evonik specifically for the coatings industry. Coatino is designed to help experts from the paints, coatings, and inks sectors to save time and money in product research and development. Depending on the desired product properties and application, Coatino provides paint and coatings manufacturers with suitable additive solutions.

Value for manufacturers and buyers of coating products
Chembid facilitates the purchase and sale of these special products based on market insights and product and supplier information. The SaaS platform provides access to global market data via the Chembid search engine and an interactive dashboard. Market insights, such as current product demand, price developments, potential new customers, and in-depth product information, greatly simplifies and accelerates business decisions. This market information also represents genuine added value for manufacturers and buyers of coating products.

"The coating industry is of enormous importance for us. The demand for raw materials and additives used to produce paints and coatings is high. We are very pleased that the cooperation with Evonik Coating Additives will enable us to further strengthen our position in the coatings sector and, with the help of our data-driven services, make business decisions easier for companies of the coating industry," explains Christian Bürger, Managing Director of Chembid.