Univar Solutions Appointed Distributor for Sun Care Filters with Croda Partnership in Brazil
With the sun care protection products market continuing to grow in
SÃO PAULO, May 9, 2023 /PRNewswire/ -- Univar Solutions Brasil Ltda., a subsidiary of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced a distribution agreement with Croda do Brasil Ltda, the life sciences and consumer care company that creates, makes, and sells specialty chemicals for sun care filters. The addition of Croda's ingredients for sun care filters, used in facial and body lotions formulated with ultraviolet (UV) physical filters, further expands Univar Solutions' comprehensive offering of beauty and personal care products in the sun care space. The products are from the lines Solaveil™, Infraveil™, and Optisol™, and are based on the mineral titanium dioxide, providing transparency in preparations used in cosmetics.
"With this new supplier authorization, Univar Solutions can support Brazilian customers seeking the specialty ingredients needed to produce protective sun care products, a growing product category," said Tony Jaillot, global vice president for beauty and personal care for Univar Solutions. "Both Univar Solutions and Croda share the same passion for providing sustainable, nature-derived, and effective products that deliver benefits beyond ingredients to consumers. We know that while today's skincare solutions must be high performing, they must also integrate ingredient transparency, as consumers are becoming increasingly aware of the impact that products have on individuals, society, and our planet," added Jaillot.
"We are pleased that Croda continues to place their trust in Univar Solutions by partnering with our ingredients and specialties business in
The formulation and commercialization of advanced protective sun care products helps keeps communities healthy and safe, and Univar Solutions is committed to providing the specialized ingredients found in sun care filters. Univar Solutions' specialized beauty and personal care business serves sun care, skin care, color cosmetics, and hair care customers with a suite of customized products and services. Supported by technical innovation at its network of Solution Centers, a global distribution footprint, and supply chain expertise, Univar Solutions delivers a comprehensive customer experience, from product development through ongoing brand support.
Paulo Sevilha,
For more information about Univar Solutions' beauty and personal care business, visit univarsolutions.com/industries/beauty-personal-care.
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 Croda
Croda is a global specialty chemical manufacturer using science and technology to create innovative ingredients for a wide range of industries. Croda creates long-term value by engaging with their customers and markets wherever and whenever they need them - creating, making, and selling sustainable and innovative specialty ingredients. Their purpose is to use Smart science to improve lives™, enabled by their distinctive values-led culture that governs how they work with one another and guides their relationships with all of their partners. Croda combines knowledge, passion, and entrepreneurial spirit to create, make and sell specialty ingredients that are relied on by industries and consumers everywhere. Learn more at croda.com/en-gb.
Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and outlook 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: general economic conditions, particularly fluctuations in industrial production and consumption and the timing and extent of economic downturns increased competitive pressures, including as a result of competitor consolidation; potential supply chain disruptions; significant changes in the pricing, demand and availability of chemicals; our indebtedness, the restrictions imposed by, and costs associated with, our debt instruments, and our ability to obtain additional financing; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations and changes in tax laws; potential cybersecurity incidents, including security breaches; an inability to generate sufficient working capital; transportation related challenges, including increases in transportation and fuel costs, changes in our relationship with third party transportation providers, and ability to attract and retain qualified drivers; accidents, safety failures, environmental damage, product quality issues; delivery failures or hazards and risks related to our operations and the hazardous materials we handle, potential inability to obtain adequate insurance coverage; ongoing litigation, potential product liability claims and recalls, and other environmental, legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; possible impairment of goodwill and intangible assets; the ongoing and evolving COVID-19 pandemic, including impacts on the global economy, our employees, customers, vendors and suppliers, and our business, results of operation and financial condition; significant changes in the business strategies of producers or in the operations of our customers; an inability to integrate the business and systems of companies we acquire, including failure to realize the anticipated benefits of such acquisitions; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; our ability to attract or retain a qualified and diverse workforce; our ability to execute on our strategies related to environmental, social, and governance matters, and achieve related expectations may be impacted as a result of evolving regulatory and other standards, processes, and assumptions, the pace of scientific and technological developments, increased costs and the availability of requisite financing and changes in carbon markets; and the other factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as well as other 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.
