XOM Materials explained

XOM Materials GmbH
Type:Online platform for trading materials
Hq Location City:Berlin
Hq Location Country:Germany
Parent:Klöckner & Co SE

XOM Materials is a Berlin based online platform for trading materials, providing for buyers and sellers with an objective of the digitalization of the steel industry.

History and description

XOM Materials was founded in 2017 in Berlin as an independent division of Klöckner & Co.[1] Marek Sacha and Tim Milde are presently and respectively serving as chief executive officer and chief operating officer.[2] XOM materials operates from offices in Berlin, Duisburg, and Atlanta.[3] [4] [5]

XOM Marketplace was officially launched in 2018[6] [7] and has evolved into a XOM Platform consisting of XOM eShop and XOM eProcurement.[8] [9] [10] These components are based on a uniform technology and can be used as stand-alone tools or combined with each other.[11] [12] In 2020, the Gross Merchandise Volume of XOM materials reached 140 million EUR.[13] In addition to the German and European markets, XOM Materials started its operation in North America from 2018.[14] Tim Milde, the COO of XOM Materials appeared as speaker at the European Competition Day at the Federal Ministry of Economics in Berlin.[15]

Notes and References

  1. News: Marek Sacha / Alexander Stark. 17 August 2019. The Advantages of Platforms in the Metal Industry.
  2. Web site: 2019-05-01. "Lernt die Menschen, mit denen ihr ein Startup aufbauen wollt, gut kennen". 2021-09-22. deutsche-startups.de. de-DE.
  3. Web site: Beise. Marc. Deutschland verpasst die Digitalisierung. 2021-09-22. Süddeutsche.de. 3 May 2021 . de.
  4. Web site: Führungswechsel bei Klöckner & Co.: Guido Kerkhoff: "Das Kapitel Thyssen-Krupp ist für mich abgeschlossen". 2021-09-22. www.handelsblatt.com. de.
  5. News: 2021-06-08. SDAX Klöckner & Co Aktie: Nach gutem Start in 2021 jetzt im Q2 VERDOPPLUNG des erwarteten EBITDA's. de-DE. Nebenwerte Magazin.
  6. Web site: Köln. Immobilien Manager Verlag IMV GmbH & Co KG, Rudolf Müller Mediengruppe. B2B-Ökosysteme auf dem Vormarsch. 2021-09-22. www.immobilienmanager.de. de.
  7. Web site: Klöckner & Co SE appoints Guido Kerkhoff to the Management Board as of September 1, 2020 to succeed Gisbert Rühl in May 2021. 2021-09-22. uk.finance.yahoo.com. 6 July 2020 . en-GB.
  8. Web site: 5 Fragen zur Digitalisierung der Baubranche an Marek Sacha, CEO of XOM Materials. 2021-09-22. Vernetzt Digital. 11 December 2020 . de-de.
  9. News: Annette Speck. Digitale Plattformen kurbeln das B2B-Geschäft an.
  10. News: Dierig. Carsten. 2021-03-22. E-Commerce: "Da wird immer nur an das Feindbild Amazon gedacht". DIE WELT. 2021-09-22.
  11. Web site: TimsahAjans. 2020-11-03. SDAX Klöckner & Co: Segen in der Digitaliserung gefunden. 2021-09-22. Nebenwerte Magazin. de-DE.
  12. Web site: GmbH. finanzen net. Klöckner & Co.-Aktie: Übernahme ist nur eine Option - so soll es wieder zweistellige Kurse geben. 2021-09-22. www.boerse-online.de. 27 July 2020 . de.
  13. Web site: RG. 2021-03-10. SDAX Klöckner & Co: Segen in der Digitaliserung gefunden. 2021-09-22. Nebenwerte Magazin. de-DE.
  14. Web site: Stahlhändler : Klöckner & Co sieht sich bei Digitalisierung vorn. 2021-09-22. www.handelsblatt.com. de.
  15. Web site: European Competition Day Programme.

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