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 been appointed as the distributor for Huntsman's Performance Products division, focusing on their polyurethane additives across the Americas. This agreement aims to leverage Univar's extensive network and digital tools to assist customers in achieving low-emission polyurethane systems, targeting markets such as automotive, construction, and furniture. The JEFFADD® Aldehyde Scavenger and JEFFCAT® Catalyst brands will play a crucial role in meeting strict emission standards. Both companies anticipate enhancing customer experiences and achieving better sustainability outcomes.
Univar Solutions (NYSE: UNVR) announces corporate governance enhancements on Oct 29, 2020. Rhonda Germany is appointed Chair of the Governance and Corporate Responsibility Committee, focusing on governance and social responsibility. The company seeks to eliminate the 'supermajority' voting threshold in its 2021 Annual Meeting. New guidelines limit directors' board memberships, support better accountability via a strengthened Clawback Policy, and reflect ongoing improvements aligned with shareholder rights. These changes aim to enhance corporate governance and align with best practices.
Univar Solutions (NYSE: UNVR) has announced a strategic agreement with PVS Chloralkali Inc. to enhance its Hydrochloric Acid (HCL) distribution network across North America. Under this agreement, PVS will transfer railcars and sourcing agreements for HCL to Univar, allowing it to strengthen its logistics and sourcing capabilities. This collaboration positions Univar Solutions as a key HCL provider while allowing PVS to focus on maximizing value in other markets. The partnership aims to support both companies amid dynamic market conditions.
Univar Solutions Inc. (NYSE: UNVR) announced the launch of three new Novozymes® BioAg inoculants—BioniQ®, TagTeam® BioniQ®, and Optimize® LV—expanding the NexusBioAg portfolio in Canada. These products enhance crop performance and yield for pulses, cereals, canola, and soybeans, following extensive field trials. The inoculants are strategically timed for the 2021 planting season, and the collaboration with Novozymes underscores a commitment to innovation and customer value in the agricultural sector.
Univar Solutions (NYSE: UNVR) announced plans to report its third quarter financial results for fiscal 2020 on November 4, 2020. The news release will be issued after market close, followed by a webcast for investors on November 5 at 9:00 a.m. ET to discuss the results. The presentation and supporting materials will be available on the company's investor relations website. The company aims to provide insights on its performance amidst ongoing challenges such as the COVID-19 pandemic, which may impact results.
Biosynthetic Technologies announced a distribution partnership with Univar Solutions to expand its BioEstolides™ product line across Europe, the Middle East, and Africa, enhancing its footprint in the personal care market. The agreement, effective September 30, 2020, follows a successful US partnership earlier in the year. BioEstolides are stable, renewable, and biodegradable oils with high-performance benefits for personal care. Both companies aim to meet the increasing demand for sustainable ingredients while promoting environmentally responsible practices.
Univar Solutions Inc. (NYSE: UNVR) announced senior leadership appointments for its Beauty Care and Nutrition segments, including Kelly Gilroy as VP of Beauty and Personal Care, Kevin Hack as VP of Food Ingredients, and Dawn Guay as Global Marketing and Technical Sales Director for Nutraceuticals. These leadership changes aim to enhance market capabilities and drive growth in essential end-markets. The company also launched its 'Welcome to a Better Day' campaign, showcasing its formulation capabilities and extensive resources for customers and suppliers.
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.
Univar Solutions Inc. (NYSE: UNVR) announced that its subsidiary, ChemPoint.com Inc., will market, sell, and distribute ComStar International Inc.'s performance refrigerant products in the U.S. ComStar's RS-Series refrigerants are eco-friendly, with zero ozone depletion potential and low global warming potential (GWP). The partnership aims to leverage ChemPoint's digital marketing capabilities alongside ComStar's extensive experience in environmentally safe products. This collaboration is set to enhance customer service and extend market reach for ComStar's refrigerants in various industries.
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