Brenntag and Knowde forge partnership to master product data with AI

Brenntag and Knowde forge partnership to master product data with AI

The strategic partnership will accelerate the application of Artificial Intelligence (AI) to Product Data Management in chemical distribution

  • By ICN Bureau | April 09, 2024

Brenntag, the global market leader in chemicals and ingredients distribution, announced a strategic partnership with Knowde, the pioneering digital customer experience platform for the ingredients, polymers, and chemical industry.

This collaboration marks a significant step forward in utilizing Artificial Intelligence (AI) to address the chemical industry’s uniquely complex Product Data Management challenges.

Christian Kohlpaintner, Chief Executive Officer of Brenntag SE, stated: “The rapid advancements in Artificial Intelligence over the last few years have enabled massive shifts in end-to-end data value creation. We are excited to be partnering with Knowde, a leader in the application of AI to chemical distribution data, to utilize their approach for our Product Data Management – knowing that this will be a pioneering step in the chemical distribution industry.”

Brenntag and Knowde will jointly focus on transforming the management of “unstructured” product information into a structured, harmonized, and multi-dimensional dataset, housed in a product information management (PIM) solution.

Ali Amin-Javaheri, CEO of Knowde, commented on the collaboration: “As the global market leader, Brenntag’s scale and complexity in the chemical distribution industry are second to none. Knowde’s software solutions will enable them to better leverage their data to fully capitalize on their comprehensive portfolio and unique global footprint. Companies like Brenntag that embrace digitalization will have a significant competitive advantage. We look forward to partnering with Brenntag’s team to accelerate their digital transformation and unlock innovative new opportunities for growth.”

Ewout van Jarwaarde, Chief Executive Officer of Brenntag Essentials and Brenntag Management Board member responsible for the Digital and Data domain, added: “Artificial Intelligence is fundamental to our digital and data transformation, as we continue to shape our industry and adapt to this new age in order to become easiest to do business with. Working alongside Knowde, we aim to modernize our product information, bringing greater knowledge and value to both our supply partners and customers, while taking another step towards driving sustainability in our industry.”

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