ChemConnect buys Altra NGL software

ChemConnect, an online chemicals and plastics market-place based in Houston, has acquired the natural gas liquids (NGL) trading platform of Altra Energy for an undisclosed sum.

ChemConnect’s president John Robinson said in a statement: “Natural gas liquids are the basic building blocks of the [chemical] industry. As with other commodities, their cost and availability impact the entire supply chain.

“By consolidating online NGL trading on ChemConnect, we are providing buyers and sellers of ch