ChemPoint® Announces New Partnership with allnex in Europe, the Middle East, and Africa

Rhea-AI Summary

On January 25, 2021, ChemPoint.com, a subsidiary of Univar Solutions (NYSE: UNVR), announced a strategic partnership with allnex for the marketing and distribution of the UVEKOL® glass laminating system across Europe, the Middle East, and Africa (EMEA). The UVEKOL system, known for its BPA-free and solvent-free acrylic resins, offers safety and design benefits for laminated glass applications in various sectors, enhancing ChemPoint's service offerings in the region. This collaboration aims to streamline services and meet customer needs effectively.

Positive

• New partnership with allnex enhances ChemPoint's portfolio in EMEA.
• UVEKOL system provides innovative and eco-friendly solutions, appealing to architects and manufacturers.

Negative

• None.

ROTTERDAM, Netherlands, Jan. 25, 2021 /PRNewswire/ -- ChemPoint.com Inc. ("ChemPoint"), a subsidiary of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, announced today that allnex has chosen ChemPoint for marketing, sales, and distribution of the UVEKOL® glass laminating system in Europe, the Middle East, and Africa (EMEA).

UVEKOL one-component acrylic resins are solvent- and Bisphenol A (BPA)-free and offer acoustic, safety, and design benefits for architects, glassmakers, and other construction and industrial users. The resins are used to produce laminated glass found in hotels, public buildings, and homes, helping create a safe and quiet environment.

"We are very impressed with allnex's UVEKOL system for the glass processing market and are thrilled to add these innovative and unique technologies to our portfolio in EMEA," stated Rick Hoener, global managing director for ChemPoint. "ChemPoint is a dynamic, team-based, technology-driven organization, and we expect allnex to benefit from the breadth and depth of our services, industry knowledge, and support for technology like the UVEKOL glass laminating system. This partnership enhances our ability to serve our customers by helping to reduce transaction complexity and providing the industry and product knowledge necessary to help support their strategic business objectives."

Pieter de Maeght, new business development manager at allnex added, "We have been producing UVEKOL glass laminates for more than 25 years. Our laminates are known for delivering the strength and durability needed to meet stringent engineering standards. With ChemPoint's digital marketing and sales approach and this unique addition to their portfolio, together, we can help meet the needs of customers in EMEA. We look forward to the growth and success of our new relationship."

About allnex
A global company with €2.3 billion in sales, allnex is a leading supplier of resins for architectural, industrial, OEM, and special purpose coatings. Recognized as a specialty chemicals pioneer, allnex is known for professionalism and for offering the broadest portfolio of high quality, innovative liquid resins and additives, radiation cured and powder coating resins, and crosslinkers for use on wood, metal, plastic, and other surfaces. With manufacturing facilities and research and technology support centers located throughout the world, allnex also provides responsive, local support to customers, helping them to bring advanced coating solutions to the market rapidly.

About ChemPoint.com
ChemPoint.com Inc., a wholly owned subsidiary of Univar Solutions Inc., is a unique distribution business that provides marketing and sales services for specialty and fine chemicals in North America, Europe, the Middle East, Africa, and Latin America. The company engages in exclusive product line relationships with premier manufacturers, providing tailored solutions to more than 80 supplier partners and over 200 product lines globally. For more information, visit ChemPoint.com.

About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and North American sales force, unparalleled logistics know-how, deep market and regulatory knowledge, world-class formulation and recipe development, and leading digital tools, the company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. Univar Solutions is committed to helping customers and suppliers innovate and grow together. Learn more at UnivarSolutions.com.

Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future, which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company's filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.

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SOURCE Univar Solutions Inc.

FAQ

What is the recent partnership announced by Univar Solutions?

Univar Solutions announced a partnership with allnex for the distribution of the UVEKOL glass laminating system in EMEA.

What product will ChemPoint distribute under its new partnership?

ChemPoint will distribute the UVEKOL glass laminating system developed by allnex.

What are the benefits of the UVEKOL glass laminating system?

The UVEKOL system is solvent- and BPA-free, offering acoustic and safety benefits for laminated glass applications.

When was the partnership between ChemPoint and allnex announced?

The partnership was announced on January 25, 2021.

In which regions will ChemPoint market the UVEKOL system?

ChemPoint will market the UVEKOL system in Europe, the Middle East, and Africa (EMEA).