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Univar Solutions (NYSE: UNVR) has been appointed as the distributor for Huntsman's Performance Products division, focusing on their polyurethane additives across the Americas. This agreement aims to leverage Univar's extensive network and digital tools to assist customers in achieving low-emission polyurethane systems, targeting markets such as automotive, construction, and furniture. The JEFFADD® Aldehyde Scavenger and JEFFCAT® Catalyst brands will play a crucial role in meeting strict emission standards. Both companies anticipate enhancing customer experiences and achieving better sustainability outcomes.
Univar Solutions (NYSE: UNVR) announces corporate governance enhancements on Oct 29, 2020. Rhonda Germany is appointed Chair of the Governance and Corporate Responsibility Committee, focusing on governance and social responsibility. The company seeks to eliminate the 'supermajority' voting threshold in its 2021 Annual Meeting. New guidelines limit directors' board memberships, support better accountability via a strengthened Clawback Policy, and reflect ongoing improvements aligned with shareholder rights. These changes aim to enhance corporate governance and align with best practices.
Univar Solutions (NYSE: UNVR) has announced a strategic agreement with PVS Chloralkali Inc. to enhance its Hydrochloric Acid (HCL) distribution network across North America. Under this agreement, PVS will transfer railcars and sourcing agreements for HCL to Univar, allowing it to strengthen its logistics and sourcing capabilities. This collaboration positions Univar Solutions as a key HCL provider while allowing PVS to focus on maximizing value in other markets. The partnership aims to support both companies amid dynamic market conditions.
Univar Solutions Inc. (NYSE: UNVR) announced the launch of three new Novozymes® BioAg inoculants—BioniQ®, TagTeam® BioniQ®, and Optimize® LV—expanding the NexusBioAg portfolio in Canada. These products enhance crop performance and yield for pulses, cereals, canola, and soybeans, following extensive field trials. The inoculants are strategically timed for the 2021 planting season, and the collaboration with Novozymes underscores a commitment to innovation and customer value in the agricultural sector.
Univar Solutions (NYSE: UNVR) announced plans to report its third quarter financial results for fiscal 2020 on November 4, 2020. The news release will be issued after market close, followed by a webcast for investors on November 5 at 9:00 a.m. ET to discuss the results. The presentation and supporting materials will be available on the company's investor relations website. The company aims to provide insights on its performance amidst ongoing challenges such as the COVID-19 pandemic, which may impact results.
Biosynthetic Technologies announced a distribution partnership with Univar Solutions to expand its BioEstolides™ product line across Europe, the Middle East, and Africa, enhancing its footprint in the personal care market. The agreement, effective September 30, 2020, follows a successful US partnership earlier in the year. BioEstolides are stable, renewable, and biodegradable oils with high-performance benefits for personal care. Both companies aim to meet the increasing demand for sustainable ingredients while promoting environmentally responsible practices.
Univar Solutions Inc. (NYSE: UNVR) announced senior leadership appointments for its Beauty Care and Nutrition segments, including Kelly Gilroy as VP of Beauty and Personal Care, Kevin Hack as VP of Food Ingredients, and Dawn Guay as Global Marketing and Technical Sales Director for Nutraceuticals. These leadership changes aim to enhance market capabilities and drive growth in essential end-markets. The company also launched its 'Welcome to a Better Day' campaign, showcasing its formulation capabilities and extensive resources for customers and suppliers.
Univar Solutions (NYSE: UNVR) announced its exclusive distribution agreement with Daubert Chemical for the Severe Atmospheric Corrosion Inhibitor (SACI®) product line across the U.S. and Canada. This partnership enhances Univar's specialty chemicals portfolio, particularly in rust preventive coatings and lubricants. The SACI® gelled sulfonates are integral to many corrosion-resistant coatings and present environmentally friendly options. This collaboration aims to address customer challenges and foster growth opportunities in the coatings and lubricants market.
Univar Solutions Inc. (NYSE: UNVR) announced that its subsidiary, ChemPoint.com Inc., will market, sell, and distribute ComStar International Inc.'s performance refrigerant products in the U.S. ComStar's RS-Series refrigerants are eco-friendly, with zero ozone depletion potential and low global warming potential (GWP). The partnership aims to leverage ChemPoint's digital marketing capabilities alongside ComStar's extensive experience in environmentally safe products. This collaboration is set to enhance customer service and extend market reach for ComStar's refrigerants in various industries.
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