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Univar Solutions Appointed as Distributor of Novozymes Biological Cleaning Solutions in Brazil, Mexico, Paraguay, Uruguay and Bolivia

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Univar Solutions (NYSE: UNVR) has announced an agreement with Novozymes to distribute biological cleaning solutions in Brazil, Mexico, Paraguay, Uruguay, and Bolivia. This partnership strengthens existing collaborations in Latin America, Europe, and North America, aiming to provide innovative, eco-friendly cleaning products. Jorge Buckup, president of Latin America for Univar Solutions, emphasized that the agreement aligns with their commitment to sustainability and community health. The expansion caters to growing consumer demand for eco-friendly products, leveraging Novozymes' expertise in enzyme solutions.

Positive
  • New agreement with Novozymes enhances distribution of eco-friendly cleaning solutions.
  • Expansion into five Latin American countries opens new market opportunities.
  • Strategic alignment with consumer trends towards sustainable product offerings.
  • Strengthens existing partnerships, boosting brand reputation and market reach.
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DOWNERS GROVE, Ill., Dec. 16, 2021 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, today announced a new agreement with Novozymes, the world leader in biological solutions, expanding the partnership between the two companies into the homecare and industrial cleaning market for Brazil, Mexico, Paraguay, Uruguay and Bolivia. The exclusive agreement builds on existing partnerships between the two companies in Latin America, Europe and North America that helps provide customers with innovative enzyme and microbial solutions that improve cleaning product performance and lead to more sustainable products in the market.

Univar Solutions Appointed as Distributor of Novozymes Biological Cleaning Solutions

"We are pleased that Novozymes continues to place their trust in Univar Solutions for five additional countries," said Jorge Buckup, president of Latin America for Univar Solutions. "Their portfolio of innovative enzyme solutions aligns with our purpose to help keep our communities healthy, fed, clean and safe. It is also in line with our desire to expand Univar Solutions' offering for the homecare and industrial cleaning market by partnering with a world-class manufacturer that has invested in global initiatives to safeguard our environment using strategies dedicated to innovation, quality and more sustainable solutions."

"Within the homecare and industrial cleaning market, consumer demand is trending toward more eco-friendly products that are designed to help conserve resources and minimize waste without compromising on safety, quality and performance," said Nick Powell, president of Industrial & Specialties for Univar Solutions. "The addition of Novozymes' biological cleaning products helps Univar Solutions increase its range of more sustainable solutions through a diverse set of quality ingredients for cleaners, detergents and disinfectant products."

"As Novozymes expands its offering of biological cleaning ingredients and sustainable solutions to regions around the world, we are excited to continue working with Univar Solutions as our new distributor in these five countries for the homecare and industrial cleaning market," says Arnaud Melin, Novozymes' vice president of Consumer Biosolutions, Americas. "With Univar Solutions' dedicated industry team, supply chain expertise, and global network of innovative laboratories, together we are well-positioned to help customers develop innovative products that use raw materials more efficiently, reduce energy consumption and replace traditional chemicals with more sustainable alternatives."

For more information about biosolutions for the cleaning industry, please visit univarsolutions.com/cleaning-biosolutions.

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 technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, 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. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

About Novozymes
Novozymes is the world leader in biological solutions. Together with customers, partners and the global community, Novozymes improves industrial performance while preserving the planet's resources and helping build better lives. As the world's largest provider of enzyme and microbial technologies, its bio-innovation enables higher agricultural yields, low-temperature washing, energy-efficient production, renewable fuel and many other benefits that we rely on today and in the future. We call it Rethink Tomorrow. www.novozymes.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

What is the recent agreement between Univar Solutions and Novozymes about?

Univar Solutions has signed an agreement with Novozymes to distribute biological cleaning solutions in Brazil, Mexico, Paraguay, Uruguay, and Bolivia.

How does the partnership with Novozymes benefit Univar Solutions?

The partnership allows Univar Solutions to expand its product offerings in the homecare and industrial cleaning market, catering to demand for sustainable solutions.

What markets are affected by Univar Solutions' agreement with Novozymes?

The agreement impacts the homecare and industrial cleaning markets in Brazil, Mexico, Paraguay, Uruguay, and Bolivia.

What does the agreement signify for Univar Solutions' growth strategy?

The agreement signifies a commitment to sustainability and innovation, aligning with Univar's strategy to expand in emerging markets.

When was the agreement between Univar Solutions and Novozymes announced?

The agreement was announced on December 16, 2021.

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