Chemicals and plastics
Ethylene and propylene
Use competitive bidding to sell ethylene or propylene, or to procure supply against defined product, delivery and quantity requirements.
Discuss a product auction
The commercial decision
Sales: Define the quantity available and the product and delivery terms. Buyers express demand under the auction rules, which determine the price and allocation of the offering.
Procurement: Define the supply required and which offers can meet that need. Suppliers compete for the purchase, with awards determined under rules that reflect the product and delivery requirements.