Daubert Chemical Appoints Univar Solutions as Exclusive Distributor of SACI® Corrosion Inhibition Products
Univar Solutions (NYSE: UNVR) announced its exclusive distribution agreement with Daubert Chemical for the Severe Atmospheric Corrosion Inhibitor (SACI®) product line across the U.S. and Canada. This partnership enhances Univar's specialty chemicals portfolio, particularly in rust preventive coatings and lubricants. The SACI® gelled sulfonates are integral to many corrosion-resistant coatings and present environmentally friendly options. This collaboration aims to address customer challenges and foster growth opportunities in the coatings and lubricants market.
- Exclusive distribution agreement strengthens Univar's product offerings in corrosion prevention.
- Enhances Univar's portfolio in rust preventive coatings and lubricants.
- Collaboration offers potential growth opportunities by addressing customer needs.
- None.
DOWNERS GROVE, Ill., Sept. 14, 2020 /PRNewswire/ -- 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 it has been appointed the exclusive distributor of the Severe Atmospheric Corrosion Inhibitor (SACI®) product line of corrosion inhibiting additives from Daubert Chemical Company Inc. ("Daubert"), for the United States and Canada. Daubert's additives, used by formulators in many of today's leading rust preventive coatings and corrosion inhibiting lubricants, are a unique addition to Univar Solutions expansive lubricants and coatings portfolios.
"We are excited to deepen and expand our distribution relationship with Daubert. Univar Solutions is a market leader in the distribution of specialty chemicals and Daubert is a recognized innovator in corrosion-inhibiting solutions. Our global reach and industry expertise complement Daubert's outstanding chemistries and reputation, resulting in an ideal partnership," said Federico Montaner, Lubricants and Metalworking Fluids business director in the United States and Canada for Univar Solutions.
SACI® gelled sulfonates are used as the basis for many industrial grade corrosion resistant coatings around the world and feature an inherent thixotropic nature that can offer "self-healing" properties, which help maintain the integrity of the finished coating. In addition, when properly formulated, SACI® concentrates may impart high sag resistance and anti-settling properties to coatings, without the use of high shear equipment. Common applications for these emulsion friendly and corrosion inhibiting additives include finished lubricant formulations and metalworking fluids commonly used in the automotive, transportation, marine, aerospace, general industrial, furniture, and woodworking industries.
"This exclusive SACI® authorization, covering two of the largest geographic regions, strengthens our corrosions solutions for customers across many markets and allows us to help solve their toughest challenges and drive new growth opportunities," added Montaner.
Provided in 100 percent solid carriers such as oil and wax, SACI® gelled sulfonates are multi-functional compounds designed to provide formulators with options to help create more environmentally friendly low-VOC products without sacrificing corrosion protection.
"Our customers rely on us for industry-leading corrosion prevention chemistries to help meet their evolving needs coupled with insightful technical support," said Matt McGinnis, vice president of commercial development for Daubert. "Our agreement with Univar Solutions is far-reaching and will provide customers with a best in class service that comes from working with a leading global distributor, helping us to deliver the exceptional products and support that our customers expect."
About Daubert Chemical Company
Since 1935, Daubert Chemical Company has focused on being the industry's "silent partner" as a provider and supplier of rust preventive coatings, industrial greases, sound deadening coatings, laminating adhesives, as well as a variety of corrosion inhibiting additives for coating and lubricant formulators. Daubert takes great pride in its ability to work with its customers in the steel, automotive, transportation and general manufacturing industries to develop optimal solutions for their applications. Thanks to our many years of successful customer relationships, our associates have become highly regarded technical leaders in their respective fields of expertise. Working in tandem with laboratory personnel in Chicago, our sales consultants help customers overcome their challenges through in-depth needs analysis and world-class technical expertise. Learn more at daubertchemical.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
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