Univar Solutions Inc Stock Price, News & Analysis

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.