Chemical, Oil Groups Collaborate.(Chemical Industry Data Exchange and Petroleum Industry Data Exchange to develop language for e-business)(Brief Article)

THE CHEMICAL INDUSTRY DATA EXCHANGE (CIDX) and the Petroleum Industry Data Exchange (PIDX) have agreed to jointly develop extensible mark-up language (XML) standards for certain e-business transactions between their industries, says CIDX, the organization developing chemical industry-specific XML standards, or Chem eStandards.

CIDX and PIDX will develop standards for common information--such as purchase orders, invoices, and contact information--used to procure indirect material, such as pumps and valves, with common suppliers, says Kendra Martin, executive director of PIDX. "Many suppliers to both …