The marketplace will initially trade in services such as laboratory
needs, electrical and engineering materials, and also installation
components together with construction material and trade specific services.
The new market place will also be open to other businesses, and is planned
to launch by the middle of this year. From the end of 2000, extended
functions such as auctions, announcements and financial services are
Infraserv Höchst KG already runs an online store at shop.infraserv.com,
which supplies over 60,000 trade specific products, according to company
statements. Bayer brings its comprehensive electronic product catalogue of
around 120,000 products in total to the site, which will enable ordering
from 540 different manufacturers at drastically reduced processing costs.
the end of the year, the new portal should provide more than double its
initial services. Deutsche Telekom will be providing the infrastructure
for the project.