Fibremarket.com Lines up Independent Recyclers in Deal

fibermarket.com formed a strategic business alliance with three major, independent packers and brokers of recovered fiber—DK Trading, International Cellulose, and Manchester Paper Recycling.

These companies bring a fundamental understanding of the supply side of the industry and provide a critical market mass of recovered fiber tons to be transacted on the fibermarket.com site. These companies currently sell a combined volume of over a million tons of recovered fiber a year. This strategic alliance affords all of fibermarket.com’s clients with the opportunity to procure more volume in a cost-effective manner.

DK Trading, International Cellulose, and Manchester Paper Recycling recognize that the industry is embracing the Internet and the benefits of e-commerce and have selected fibermarket.com as their e-commerce business platform. fibermarket.com’s state-of-the-art technology and long-term commitment to the seamless integration of order, shipment and receipt data set them apart from others in this field. This group of suppliers plans to grow and transact a continually increasing percentage of their tonnage via fibermarket.com, consistent with the objectives of their individual customers.

"This partnership gives recovered fiber suppliers new marketing opportunities, helping to grow their business and improve their bottom line profitability," said Richard Venditti, President of fibermarket.com’s Recycling Division. "In addition, suppliers will be able to react to market changes in real-time and in a more informed manner than was previously possible."

"fibermarket.com expedites the implementation of the long-term Internet strategies of our associated companies," said Dan Kirk, Executive Vice President of International Cellulose. "We have participated in the design of fibermarket.com’s supply side functionality, and we look forward to partnering with fibermarket.com for a continued mutually beneficial relationship. Our focus in e-commerce is to better facilitate transactions with our existing customer base and to improve efficiencies for all parties. As usage of the site grows, there will likely be residual benefits from value-added selling opportunities in an expanding Internet marketplace."