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Univar Solutions Inc. - UNVR STOCK NEWS

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.

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Univar Solutions has partnered with Kalsec Inc. to establish an exclusive distribution agreement in Colombia, expanding access to Kalsec's innovative food ingredients. This agreement enhances Univar's portfolio for Colombian food and beverage customers, focusing on sensory solutions, natural colors, and food protection. The collaboration aims to meet consumer demand for high-quality, sustainable ingredients and supports clean label trends. Univar's commitment to sustainability and innovation is underscored by this partnership, which also reflects established collaborations in Europe and Mexico.

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Univar Solutions (NYSE: UNVR) has acquired ChemSol Group, a leading specialty chemicals distributor in Central America, enhancing its geographic footprint and product portfolio in key growth industries such as beauty, food, pharmaceuticals, and adhesives.

This acquisition is expected to strengthen Univar's partnerships with suppliers and customers, leveraging ChemSol's expertise and market presence in Costa Rica, Guatemala, El Salvador, Panama, and Honduras. While transaction terms have not been disclosed, the deal aims to support commercial growth and meet evolving customer needs in the region.

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Univar Solutions B.V. has entered into a distribution agreement with Marott Graphic Services (MGS Chemistry Group) for specialty additives focused on rust prevention in industrial markets across Europe. This partnership aims to enhance access to corrosion inhibitor formulations for inks, coatings, lubricants, and metalworking fluids. The collaboration aligns with Univar's growth strategy in Europe, emphasizing sustainability and innovative solutions. The agreement will allow Univar to leverage MGS's expertise, providing customers with advanced products while promoting industrial chemistry advancements.

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Univar Solutions Brasil Ltda., a subsidiary of Univar Solutions (NYSE: UNVR), has expanded its distribution relationship with Dow to enhance its homecare and industrial cleaning portfolio in Brazil. The agreement introduces cleaning brands like ACUSOL™ and SupraCare™, aimed at providing innovative and sustainable solutions. This strategic partnership aims to increase market reach and product offerings, reflecting the significance of robust supplier relationships. The collaboration will support customers with dedicated sales assistance and formulation development, aligning with trends towards sustainable cleaning solutions.

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Univar Solutions, a leading global distributor of specialty ingredients and chemicals, has been named the distributor for Dow's acrylic emulsion polymer products in the UK and Ireland, specifically from the PRIMAL™ and UCAR™ LATEX portfolios. This partnership aims to enhance the company's distribution capabilities in construction applications, such as cementitious products and architectural coatings. Both companies emphasize their commitment to delivering technical success and a robust product portfolio to meet regional customer demands. The collaboration is expected to strengthen Univar Solutions' market position in the construction industry.

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Univar Solutions (NYSE: UNVR) announced its agreement to acquire Kale Kimya, a leading Turkish specialty chemicals distributor, on January 23, 2023. This strategic move aims to enhance Univar's Ingredients and Specialties business, particularly in the beauty and personal care, as well as home and industrial cleaning markets. Kale Kimya, established in 1975, boasts extensive expertise and a diverse product portfolio. The deal, whose terms remain undisclosed, is pending regulatory approvals and is expected to finalize in Q1 2023. This acquisition highlights Univar's commitment to expanding its geographic footprint and product range.

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Univar Solutions Inc. (NYSE: UNVR) will report its financial results for the fourth quarter and full-year of fiscal 2022 on February 21, 2023, after market close. A news release and a slide presentation will be available on their investor relations website at investors.univarsolutions.com. The Company will host a webcast on February 22, 2023, at 9:00 a.m. ET to discuss the results. This event will be archived for later access. Univar Solutions is a global leader in commodity and specialty chemical distribution.

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Univar Solutions (NYSE: UNVR) confirmed that Brenntag SE has ended discussions regarding a potential transaction. The company remains committed to exploring other indications of interest. While the Board of Directors aims to act in the best interests of stockholders, no assurance is given that these discussions will lead to a transaction. The company intends to refrain from further comments on this matter unless appropriate.

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Univar Solutions (NYSE: UNVR) has announced an exclusive partnership with Kalsec, a natural ingredient provider, to distribute natural taste and sensory solutions in the UK and Ireland. This agreement aims to enhance Univar's offerings in the savory food sector, leveraging Kalsec's high-quality ingredients. The collaboration is expected to strengthen Univar's supply chain and innovation capabilities, bolstering its position in the food ingredient market. The partnership also reflects Univar's commitment to sustainable practices through its association with Kalsec, a certified B Corp.

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FAQ

What is the market cap of Univar Solutions (UNVR)?

The market cap of Univar Solutions (UNVR) is approximately 5.7B.

What does Univar Solutions Inc. do?

Univar Solutions Inc. is a leading global distributor of specialty chemicals and ingredients, serving a wide range of industries including food and beverages, beauty and personal care, and industrial chemicals.

Where is Univar Solutions headquartered?

Univar Solutions is headquartered in Downers Grove, Illinois.

What recent partnerships has Univar Solutions announced?

Univar Solutions has recently expanded its partnership with Leprino Foods in Brazil and Mexico and with Kalsec® Inc. in the United States. They also announced a new distribution agreement with dsm-firmenich for personal care ingredients in Mexico, Central America, and the Caribbean.

What is Univar Solutions' approach to sustainability?

Univar Solutions is committed to achieving net carbon neutrality by 2050 and focuses on building a robust roadmap for emissions reduction in collaboration with its supply chain. The company is also dedicated to various Environmental, Social, and Governance (ESG) initiatives.

How large is Univar Solutions' workforce?

Univar Solutions employs more than 9,000 people worldwide.

What are some of the key products Univar Solutions distributes?

Univar Solutions distributes a wide range of specialty chemicals and ingredients, including nutritional ingredients, dairy products, advanced hop ingredients, personal care ingredients, and various industrial chemicals.

What recent acquisitions has Univar Solutions made?

Univar Solutions recently acquired FloChem Ltd., a leader in the distribution of chemicals and related dispensing systems in Eastern Canada.

What is the significance of Univar Solutions' private transportation fleet?

Univar Solutions boasts the industry's largest private transportation fleet, which allows the company to provide unparalleled logistics know-how and reliable delivery services.

How does Univar Solutions support the food and beverage industry?

Univar Solutions supports the food and beverage industry through its extensive specialty ingredients portfolio, recipe formulation and testing, centralized distribution network, and custom supply chain solutions.

What is Univar Solutions' mission?

Univar Solutions aims to improve the quality of life by delivering innovative products and services, fostering strong relationships, and maintaining a commitment to sustainability and environmental responsibility.

Univar Solutions Inc.

NYSE:UNVR

UNVR Rankings

UNVR Stock Data

5.70B
155.87M
Other Chemical and Allied Products Merchant Wholesalers
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Downers Grove