Welcome to our dedicated page for Univar Solutions news (Ticker: UNVR), a resource for investors and traders seeking the latest updates and insights on Univar Solutions stock.
Univar Solutions Inc. (NYSE: UNVR), a global leader in specialty chemical and ingredient distribution, maintains this dedicated news hub for investors and industry professionals. Access official press releases and curated updates covering strategic partnerships, financial developments, and operational milestones.
This resource provides essential insights into UNVR's market leadership across food ingredients, industrial chemicals, and personal care sectors. Track critical updates including distribution agreements, sustainability initiatives, and supply chain innovations that shape the company's global strategy.
Key content categories include earnings announcements, acquisition updates, ESG progress reports, and new product launches. All materials are sourced from verified corporate communications to ensure accuracy and timeliness.
Bookmark this page for streamlined access to UNVR's evolving story. Monitor how the company's 9,000+ employees and industry-leading logistics network drive value across 50+ countries through chemical innovation and sustainable solutions.
Univar Solutions (NYSE: UNVR) has been appointed as the distributor for Cabot Corporation's specialty carbon black products in Brazil. This agreement strengthens their existing relationship and aims to enhance sustainability and product performance for customers in the plastics and battery markets. Cabot's products are crucial for improving the efficiency and durability of hybrid and electric vehicle batteries, as well as being versatile for other applications. The collaboration is expected to benefit customers by providing innovative materials backed by technical support and commercial excellence.
Univar Solutions, a global distributor of specialty chemicals, announced the expansion of its agreement with ANGUS Chemical Company to enhance its portfolio for the Homecare & Industrial Cleaning (HIC) market across Europe. This expansion allows Univar to offer ANGUS’ specialty additives, improving the performance and safety of cleaning products. The agreement aims to support sustainable product development and enhance supply chains by providing comprehensive technical assistance and access to innovative ingredients.
Univar Solutions Inc. (NYSE: UNVR) launched the "Destination: Innovation" online hub, highlighting its global network of Solution Centers. These centers support product development across industries. A virtual "Innovation Day" on June 22 will showcase capabilities through interactive sessions with scientists and chefs. The hub aims to enhance customer collaboration and streamline product formulation. With centers located worldwide, Univar emphasizes its commitment to innovation in sectors including Food Ingredients and Pharmaceuticals.
Univar Solutions (NYSE: UNVR) announced a partnership with Motive Energy to install a 1020 kW solar panel system along with a 375 kW/753 kWh energy storage system at its facility in City of Commerce, California. This project aims to significantly reduce the facility's non-renewable energy usage and emissions, removing over 1,300 tons of carbon dioxide annually. This installation is part of Univar's 2025 ESG goal to cut Scope 1 and 2 emissions by 20% and achieve net-zero emissions by 2050, showcasing its commitment to sustainable energy solutions.
Univar Solutions reported a record net income of $180.8 million for Q1 2022, a 173.1% increase from the previous $66.2 million. Adjusted earnings per diluted share rose to $1.07 from $0.43, driven by strong sales growth of 33.7% to $2.9 billion. Adjusted EBITDA surged 75.2% to $319.3 million, improving margins to 11.1%. Full-year guidance for Adjusted EBITDA increased to between $1,000 million and $1,050 million. The company also returned $24 million to shareholders via share repurchases.
Univar Solutions Inc. has appointed Tony Jaillot as the new Vice President of Beauty & Personal Care effective April 13, 2022. With over 25 years of industry experience, he will spearhead the company's efforts in sales, marketing, and technical management in this sector. Jaillot previously held senior roles at companies like BASF and Cargill and possesses a strong background in sustainable products. His leadership aims to enhance Univar's market position and innovation capabilities, leveraging its extensive product portfolio and global support network.
Univar Solutions (NYSE: UNVR) has signed a distribution agreement with Ashland to enhance its specialty ingredient portfolio in Brazil and Mexico. This collaboration will allow Univar to offer Ashland's pharmaceutical excipients, improving formulators' capabilities to deliver advanced drug delivery solutions. The partnership aims to meet rising pharmaceutical demands in Latin America while promoting sustainability and innovation. Univar Solutions emphasizes that this deal will enhance product offerings and improve customer service through its global network of Solution Centers.
Univar Solutions Inc. (NYSE: UNVR) will report its first quarter financial results for fiscal 2022 on May 9, 2022. The news release will go live after market close, accompanied by a slide presentation on the company’s investor relations website. A webcast to discuss the results is scheduled for 9:00 a.m. ET on May 10, accessible through the same website. Univar Solutions continues to leverage its extensive distribution network and logistical expertise to provide value-added services across various industries.
Univar Solutions China Limited has expanded its partnership with Dow to provide UCON™ PAG-based synthetic products in China and Hong Kong. This agreement enhances Univar's portfolio in the lubricants and metalworking fluids sector, building on a long-term relationship established in North America, Latin America, and Europe. The collaboration aims to offer environmentally friendly alternatives to conventional oils and improve service life for various industrial applications. It underscores Univar's commitment to sustainable solutions and innovation in the chemical distribution industry.
Univar Solutions (NYSE: UNVR) has announced a new agreement to distribute Dow Organics' portfolio in Brazil, enhancing their partnership in the beauty and personal care market. This collaboration will provide access to sustainable and biodegradable ingredients across key brands including CELLOSIZE™ and FOAMYSENSE™. The initiative aims to support consumer demand for eco-friendly formulations while leveraging Univar's technical expertise and distribution capabilities. This expansion is expected to boost Univar's portfolio depth and drive innovation in sustainable product offerings.
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