XOM Materials

XOM Materials is a Berlin-based business-to-business digital platform focused on the trading and procurement of steel and other industrial materials. It was established in 2017 as an independent division of Klöckner & Co., a major steel and metal distributor, with the stated objective of helping digitize a traditionally relationship-driven and operationally fragmented materials industry. Rather than manufacturing steel or operating primarily as a conventional distributor, XOM Materials provides digital infrastructure intended to connect buyers and sellers and streamline commercial and procurement workflows. The company’s first major marketplace product, XOM Marketplace, was officially launched in 2018. The service subsequently developed into the broader XOM Platform, which includes XOM eShop and XOM eProcurement. These products share a common technology foundation and can be used independently or in combination. XOM eShop is oriented toward digital product discovery, ordering, and transactions, while XOM eProcurement is intended to support structured purchasing processes and procurement integration. Together, the platform’s tools address both marketplace access and the digitization of purchasing activity. XOM Materials began expanding beyond Germany and Europe into North America in 2018. Its reported locations include Berlin and Duisburg in Germany, as well as Atlanta in the United States, supporting its activity across European and North American markets. The platform’s customer and supplier proposition is based on improving transparency, simplifying exchanges between market participants, and reducing friction in the purchase and sale of industrial materials. The business therefore sits at the intersection of industrial distribution, enterprise software, online marketplaces, and procurement technology. The company has also participated in public discussions about digital competition and industrial transformation. Tim Milde, identified as XOM Materials’ chief operating officer, spoke at the European Competition Day hosted by Germany’s Federal Ministry for Economic Affairs in Berlin. This appearance reflected the broader policy relevance of digital platforms operating in industrial markets. XOM Materials reported a gross merchandise volume of EUR 140 million in 2020. This figure describes the value of merchandise transacted through the platform during that period rather than company revenue. Publicly available reference material identifies Marek Sacha as chief executive officer and Tim Milde as chief operating officer. The available sources provide limited detail on ownership arrangements, later financial performance, product categories beyond the platform’s materials focus, and the company’s current geographic scale.

XOM Materials was founded in Berlin in 2017 as an independent division of Klöckner & Co. Its creation reflected an effort to apply digital marketplace and procurement technologies to the steel and industrial materials trade. The sector traditionally involves manufacturers, distributors, fabricators, and industrial buyers coordinating through established commercial relationships, quotations, and manual procurement processes. XOM Materials was designed to provide a more standardized online environment for discovering products, connecting counterparties, and managing orders. The company’s initial public-facing marketplace, XOM Marketplace, was officially launched in 2018. In the same period, XOM Materials expanded its geographic reach from its German and European base into North America. The company’s referenced offices in Berlin, Duisburg, and Atlanta correspond to its presence in Germany and the United States. This international expansion positioned XOM Materials as more than a Germany-only digital initiative, although the available reference material does not quantify its customer base or transaction distribution by region. Over time, XOM Marketplace developed into the XOM Platform. The platform architecture incorporated XOM eShop and XOM eProcurement, two related services built on a shared technology foundation. They could operate as standalone tools or be combined, allowing customers to use online commerce functions, procurement workflows, or an integrated version of both. This product evolution broadened the company’s role from a simple online marketplace toward a digital infrastructure provider for industrial purchasing. XOM Materials’ public profile also included engagement with policy and competition discussions surrounding digital platforms. Tim Milde, described in the available material as the company’s chief operating officer, appeared as a speaker at the European Competition Day held at Germany’s Federal Ministry for Economic Affairs in Berlin. The event connected the company’s business model with wider questions about competition, platform markets, and the digitization of industrial sectors. For 2020, XOM Materials reported gross merchandise volume of EUR 140 million. Gross merchandise volume represents the value of merchandise sold through a marketplace and is not equivalent to revenue, profit, or the value of the company itself. Public reference material identifies Marek Sacha as chief executive officer and Tim Milde as chief operating officer. Beyond these details, publicly available information is limited regarding the company’s subsequent corporate structure, financial results, product-level adoption, and current operating footprint.

• 2020

  Reported gross merchandise volume reaches EUR 140 million

  [1]XOM Materialsen.wikipedia.org

  The platform records reported gross merchandise volume of EUR 140 million during 2020.

• 2018

  XOM Marketplace launches

  [1]XOM Materialsen.wikipedia.org

  The company officially launches XOM Marketplace as its digital environment for trading materials.

• 2018

  North American operations begin

  [1]XOM Materialsen.wikipedia.org

  XOM Materials starts operating in North America in addition to its German and European activities.

• 2017

  XOM Materials is founded in Berlin

  [1]XOM Materialsen.wikipedia.org

  XOM Materials is established in Berlin as an independent division of Klöckner & Co. to support digitization in the steel and industrial materials trade.

A digital B2B marketplace and procurement technology provider for the steel and industrial materials sector, emphasizing transaction digitization, buyer-seller connectivity, and procurement efficiency.

• B2B materials marketplace · 2018

  XOM Marketplace

  XOM Marketplace is the company’s original digital marketplace for connecting buyers and sellers of steel and related industrial materials. Officially launched in 2018, it was intended to move parts of materials trading online by supporting product discovery, commercial interaction, and transactions in a shared digital environment. It later became part of the broader XOM Platform.

• Digital industrial commerce

  XOM eShop

  XOM eShop is a component of the XOM Platform designed for online purchasing and sales activity involving industrial materials. It uses the platform’s common technology base and can be used independently or alongside XOM eProcurement. The available reference material does not specify its full catalog, pricing model, or detailed customer features.

• Procurement software

  XOM eProcurement

  XOM eProcurement is the platform’s procurement-oriented component. It is intended to digitize purchasing workflows for industrial materials and can be deployed as a standalone tool or combined with XOM eShop. Its shared technology foundation supports an integrated relationship between procurement processes and marketplace transactions.

• Industrial commerce platform

  XOM Platform

  The XOM Platform is the broader product architecture that evolved from XOM Marketplace and incorporates XOM eShop and XOM eProcurement. It provides a unified digital foundation for materials commerce and procurement, while allowing customers to use individual components separately or combine them into a wider workflow.

• 2018

  Launch of XOM MarketplaceProduct launch

  Background

  XOM Materials was created to digitize parts of the steel and industrial materials trade and needed a transactional product to connect market participants online.

  Action taken

  The company officially launched XOM Marketplace as its initial digital marketplace offering.

  Aftermath

  The marketplace later evolved into the broader XOM Platform, which added XOM eShop and XOM eProcurement.

  Source

• 2018

  Entry into North AmericaStrategy

  Background

  After establishing its German and European operations, XOM Materials pursued international expansion.

  Action taken

  The company began operations in North America and established a referenced office presence in Atlanta.

  Aftermath

  XOM Materials operated across European and North American markets, although the available sources do not provide detailed regional performance data.

  Source

• Expansion from XOM Marketplace to XOM PlatformGeneration change

  Background

  The company broadened its initial marketplace concept to address both online commerce and structured enterprise procurement.

  Action taken

  XOM Materials developed XOM Marketplace into an integrated platform consisting of XOM eShop and XOM eProcurement, supported by common technology.

  Aftermath

  Customers could use the components separately or combine them within a wider digital purchasing workflow.

  Source

1. 1XOM Materialsen.wikipedia.org
2. 2XOM Materials official websitexom-materials.com