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 earned four prestigious U.S. Customer Experience Awards for 2022, recognizing excellence in customer experience, strategy, and data-driven insights. The company secured Gold Awards for Best Measurement in Customer Experience, Best Use of Insight & Feedback, and B2B Customer Experience, alongside a Silver Award for Best Customer Experience Strategy. This achievement reflects Univar's commitment to prioritizing customer needs, ensuring exceptional service, and embracing transparency through feedback and analytics.
Univar Solutions (NYSE: UNVR) has expanded its distribution agreement with Calumet Specialty Products to enhance its portfolio of lubricants and metalworking fluids across Europe. This agreement allows customers greater access to Calumet's naphthenic and paraffinic base oils, available in both packed and bulk forms. The partnership capitalizes on existing relationships and includes notable brands such as CALPAR™, HYDROCAL™, and CALSOL™. This development aims to optimize product formulations and streamline supply chains, benefiting both companies and their customers.
Univar Solutions (NYSE: UNVR) announced that its subsidiary, ChemPoint, will distribute CFS North America’s Xtendra BHT product in the U.S. and Canada. Xtendra BHT is a food-grade antioxidant used in various applications, including food preservation and industrial processes. ChemPoint aims to leverage its marketing expertise to expand the reach of Xtendra BHT in growing markets, particularly food and personal care. Both companies anticipate that this partnership will enhance their market positions.
Univar Solutions (NYSE: UNVR) will release its second quarter financial results on August 1, 2022, after market close. An accompanying slide presentation will be made available on their investor relations website. Following the announcement, a webcast will be held on August 2, 2022, at 9:00 a.m. ET, to discuss the results in detail. This press release highlights the company's commitment to keeping stakeholders informed of their financial performance and future outlook.
Univar Solutions announced an exclusive distribution agreement with Kalsec in Mexico, expanding its Ingredients & Specialties portfolio. This partnership allows Univar to distribute Kalsec's products, including Taste and Sensory Solutions, Colors, and Food Protection units, enhancing its offerings for food and beverage customers in Latin America. Univar aims to meet customer needs with innovative, sustainable solutions and drive growth. The collaboration aligns with Univar's ESG goals through responsible sourcing, reinforcing its position in the food ingredients market.
Univar Solutions Inc. (NYSE: UNVR) announced the launch of Foodology, a specialized team focused on food and nutrition ingredients. This initiative aims to enhance distribution and technical innovation for global brands, enabling access to essential ingredients and expertise. Foodology will leverage Univar's network of food scientists and test kitchens to respond to market trends and accelerate product development. The team will be showcased at the IFT Expo in Chicago from July 10-13, aligning with the grand opening of their test kitchen at The Hatchery Chicago.
Univar B.V., a subsidiary of Univar Solutions (NYSE: UNVR), has expanded its distribution agreement with BOAI NKY Pharmaceuticals to include specialty polymers for laundry detergents across Europe. This partnership, which spans multiple countries including France, Germany, and Spain, aims to enhance sustainable cleaning solutions through advanced technologies. Key products include dye transfer inhibitors essential for maintaining fabric colors during washing. The collaboration marks a significant step in providing customers with innovative solutions that align with growing consumer demand for sustainable products.
Univar Solutions has secured a deal to become the exclusive distributor of BASF's Glyoxal in the U.S. and Canada, effective June 1, 2022. This collaboration aims to enhance the supply of Glyoxal, which is beneficial in the textiles, disinfection, paper, leather, cosmetics, and epoxy industries. Glyoxal is known for its efficiency as a cross-linking agent, providing properties like flexibility and moisture resistance. The agreement is part of a broader strategy to offer sustainable solutions while leveraging Univar's supply chain capabilities.
Univar Solutions Inc. (NYSE: UNVR) is set to host 'Innovation Day' on June 22, offering a virtual showcase of its technical capabilities and ingredient formulation expertise. This event will include sessions on sustainable and innovative products, featuring labs from Chicago, Essen, Houston, Mexico City, Paris, and São Paulo. Participants can engage with technical teams and access live and on-demand content in multiple languages. The company emphasizes collaboration across its global Solution Centers to help customers streamline product development and pursue sustainability.
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