Univar Solutions Named Exclusive Distributor of Patcham USA's PATcat™ Metal-Based Catalysts for Polyurethanes in the United States
Univar Solutions Inc. (NYSE: UNVR) has been named the exclusive distributor of Patcham USA's PATcat™ metal catalysts in the United States. This partnership will enable Univar to enhance its polyurethane systems product line, providing improved properties for polyurethane-based applications. The PATcat catalysts, available in both tin and tin-free options, accelerate chemical reactions to enhance curing properties. With this development, Univar aims to deliver extensive technical support and a diverse product portfolio to meet customer needs in the polyurethane sector. Patcham USA's CEO emphasized the collaboration's potential to address market demands for environmentally friendly catalysts.
- Exclusive partnership with Patcham USA for PATcat metal catalysts enhances product offerings.
- Improvement in polyurethane systems can lead to increased customer satisfaction and retention.
- Access to Patcham's R&D and technical support may enhance Univar's market position.
- None.
Customers in the United States can fulfill their catalyst needs for polyurethane and polyisocyanurate applications
DOWNERS GROVE, Ill., April 11, 2023 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced its selection as Patcham USA, LLC's exclusive distribution partner of PATcat™ metal catalysts in the United States. Patcham's metal catalysts, both tin and tin-free, are used to improve the properties of polyurethane systems and will complement Univar Solutions' strong polyurethane additives portfolio.
"We're excited to work closely with Patcham and appreciate the trust placed in Univar Solutions," said Chris Fitzgerald, global vice president, CASE, Rubber and Plastic Additives for Univar Solutions. "With this agreement for PATcat catalysts, not only are we enhancing our versatile, high-performance polyurethane systems product line, but more importantly we're providing customers access to our extensive sales team, application-specific technical support, and broad complementary product portfolio, helping drive new growth opportunities."
PATcat catalysts are widely used by formulators in a range of industrial applications. As general purpose and fast-acting substances they are designed to accelerate the speed of chemical reactions and impact curing properties to produce high quality polyurethane adhesives. Tin free catalysts compounds are viewed as efficient and versatile alternatives that may be more environmentally accepted.
"Our new partnership with Univar Solutions will allow even more customers in the United States to benefit from Patcham's strong product development, technical support, and manufacturing experience in metal catalyst materials," said Nishith Patel, CEO, Patcham USA. "We continue to expand our portfolio to address growing market demands for catalysts, enabling customers to meet performance, sustainability, and profitability challenges in the polyurethane application space."
To learn more about Univar Solutions' CASE specialty products portfolio, innovative polyurethane solutions for stronger coating applications, and technical support, visit univarsolutions.com/case.
About Patcham USA LLC
Patcham USA is a global manufacturer of specialty additives. Since its inception in 1996, the company has steadily grown to become a leading supplier of metal carboxylates, specialty additives for Paints, Inks, PVC & Composites as well as tin and tin-free catalysts. Patcham has built a strong manufacturing and R&D infrastructure that enables the rapid transition from concept to products. Our in-house R&D has led to the development of several technologies and concepts that enable customers to innovate or become more sustainable in the fast-changing regulatory landscape. Learn more at patcham.com.
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.
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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FAQ
What is the significance of Univar Solutions being named the exclusive distributor for Patcham USA's PATcat catalysts?
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