Welcome to our dedicated page for Univar Solutions news (Ticker: UNVR), a resource for investors and traders seeking the latest updates and insights on Univar Solutions stock.
Univar Solutions Inc. (NYSE: UNVR) is a leading global distributor of specialty chemicals and ingredients, representing a premier portfolio from the world's top producers. Headquartered in Downers Grove, Illinois, the company leverages its extensive global network and industry expertise to deliver innovative products and services to essential industries around the world.
With more than 9,000 employees and the industry's largest private transportation fleet, Univar Solutions provides unmatched connectivity and perspective across the markets it serves. The company is committed to improving the quality of life through its products, expertise, and relationships. It focuses on various sectors including food and beverages, beauty and personal care, industrial chemicals, and more.
Univar Solutions recently expanded its agreement with Leprino Foods, enhancing its offerings of nutritional ingredients and dairy products in Brazil and Mexico. The company also strengthened its partnership with Kalsec® Inc. for advanced hop ingredients in the United States, supporting the beverage industry's need for innovative solutions. Additionally, the company has announced a new distribution agreement with dsm-firmenich for personal care ingredients in Mexico, Central America, and the Caribbean.
Financially, Univar Solutions is well-positioned to offer tailored solutions and value-added services, backed by its deep market and regulatory knowledge, formulation and recipe development capabilities, and leading digital tools. The company continues to focus on strategic growth, as evidenced by its recent acquisition of FloChem Ltd., which enhances its market position in Eastern Canada.
Univar Solutions is committed to sustainability and environmental responsibility. The company has pledged to achieve net carbon neutrality by 2050 and is working closely with its supply chain to build a robust roadmap for emissions reduction. This commitment is part of their broader Environmental, Social, and Governance (ESG) initiatives aimed at creating a more sustainable future.
Univar Solutions' operations are guided by a strong set of values and a commitment to helping communities stay healthy, fed, clean, and safe. The company's ongoing partnerships and acquisitions are focused on delivering innovative solutions while maintaining high standards of safety and sustainability.
Univar Solutions (NYSE: UNVR) has launched its first global campaign, (S)heroes Wear Lab Coats, highlighting women's contributions in STEM. Coinciding with International Day of Women & Girls in Science and International Women's Day, the campaign encourages public engagement to inspire young women toward STEM careers. For each interaction with campaign content, Univar Solutions will donate $1 (up to $25,000) to STEM programs. The campaign runs from February 10 to March 31, 2021, featuring stories and innovations from women in the organization.
ChemPoint, a subsidiary of Univar Solutions (NYSE: UNVR), has partnered with Henkel to enhance the sales, distribution, and marketing of Henkel's BONDERITE® products across the U.S. and Canada. This partnership will enable ChemPoint to provide a comprehensive array of products including surface treatments and technical support for industrial applications. The collaboration aims to leverage Henkel's material expertise with ChemPoint’s digital marketing and logistical capabilities, ultimately improving customer access to advanced industrial cleaning and metalworking solutions.
Univar Solutions (NYSE: UNVR) has entered into an exclusive distribution agreement with EverGrain LLC for its plant-based protein and fiber ingredients in Latin America. This partnership enhances Univar's offerings in the growing market for sustainable food products. The agreement includes products like EverPro, EverVita Pro, and EverVita Fibra, catering to various food applications. Univar's technical teams in Brazil and Mexico will provide support to customers in formulating plant-based ingredients, addressing increasing consumer demand for nutritious foods.
Univar Solutions Inc. (NYSE: UNVR) has announced its new role as the primary national distributor of Sasol Chemicals' alcohol and surfactant products in the U.S. and Canada. This agreement enhances Univar's product offerings, incorporating Sasol's ALFOL® alcohols and ALFONIC® / NOVEL® / SAFOL® surfactants. The partnership aims to leverage both companies’ strengths to provide tailored solutions, improve customer service, and meet sustainability goals. Univar Solutions will also offer technical support and expand its distribution capabilities through this agreement.
Univar Solutions (NYSE: UNVR) has entered an exclusive partnership with Nutrien Ltd. to market and distribute hydrofluorosilicic acid (HFS/FSA) in the U.S. and Canada. This agreement enhances Univar's capacity to supply municipal drinking water plants, emphasizing a strategic effort to secure essential products for future needs. The partnership involves exclusive rights for HFS/FSA produced at Nutrien's Florida facility, replacing supply from the Aurora, N.C. site, which will cease by the end of 2021. This collaboration strengthens Univar's position in the water treatment market.
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.
Univar Solutions (NYSE: UNVR) announced plans to report its Fourth Quarter and full year 2020 financial results on February 25, 2021. The release will follow after market close on February 24, with a slide presentation available on their investor relations website. A webcast for investors will take place at 9:00 a.m. ET on February 25 to discuss the results. This could provide insights into the company's performance amid ongoing challenges, including the impact of COVID-19.
GPD Companies, Inc., an affiliate of One Rock Capital Partners, announced a definitive agreement to acquire Distrupol, a subsidiary of Univar Solutions (NYSE: UNVR). The transaction, expected to close in the first half of 2021, will enhance One Rock's existing holdings in the plastics industry. Distrupol, headquartered in Surrey, England, has over 50 years of experience supplying thermoplastics across 13 countries. The acquisition aims to drive growth and innovation, allowing Distrupol to operate independently under its current brand, supported by its existing management team.
Univar Solutions has appointed James B. Holcomb as the new president of North America Chemical Distribution, effective January 4, 2021. Holcomb, with over 25 years of industry experience, will focus on increasing sales, particularly in non-specialty products, and enhancing the effectiveness of the salesforce in the U.S. and Canada. His leadership is expected to contribute to the company's S22 program aimed at growth and operational efficiency. Holcomb previously served as COO at Brenntag North America and holds degrees from the University of Kentucky and the University of Memphis.
Univar Solutions (NYSE: UNVR) has entered an exclusive agreement with Gelymar to distribute carrageenan products in the U.S. and Canada, enhancing its portfolio of texturizing solutions. This collaboration includes products like Carra™Lact and Carra™Gel, which are essential in food manufacturing for improving texture and stability. Gelymar, a leader in hydrocolloids, aims to leverage Univar's extensive market reach to provide innovative solutions to the food and dairy industries. The partnership promises to expand customer offerings and meet growing market demands.
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