Univar Solutions Expands Leadership Position in Surfactants through New Distribution Agreement with Sasol
Univar Solutions Inc. (NYSE: UNVR) has announced its new role as the primary national distributor of Sasol Chemicals' alcohol and surfactant products in the U.S. and Canada. This agreement enhances Univar's product offerings, incorporating Sasol's ALFOL® alcohols and ALFONIC® / NOVEL® / SAFOL® surfactants. The partnership aims to leverage both companies’ strengths to provide tailored solutions, improve customer service, and meet sustainability goals. Univar Solutions will also offer technical support and expand its distribution capabilities through this agreement.
- Agreement to distribute Sasol's alcohol and surfactant products expands Univar's product portfolio.
- Enhanced customer service through Univar's logistics and distribution network.
- Support for sustainability goals by reducing plastic use and fuel consumption.
- None.
DOWNERS GROVE, Ill., Feb. 1, 2021 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, announced today it has reached an agreement with Sasol Chemicals to become the primary national distributor of Sasol's alcohol and surfactant products in the United States and Canada. The agreement expands Univar Solutions' offerings to include Sasol's ALFOL® alcohols and ALFONIC® / NOVEL® / SAFOL® surfactants for the homecare and industrial cleaning, personal care, coatings, agriculture, and energy markets.
"This partnership utilizes our shared organizational strengths. Sasol's expansive alcohol and surfactant portfolio fits well with our vertical market focused approach and best-in-class Solution Centers. Together we can offer unique, tailor-made solutions, while delivering the high service standards expected by our mutual customers," said Brian Jurcak, vice president of product marketing management at Univar Solutions.
"Univar Solutions' warehousing, distribution, logistics network, and digital marketplace leadership will enable Sasol to enhance our customer service and help meet our sustainability goals," said Victoria Stolarski, Sasol's director of marketing and sales, global alcohols and U.S. surfactants. "Through Univar Solutions we will gain packaging and shipping efficiencies that will help us reduce both plastic use and fuel consumption."
"We are extremely pleased to help Sasol reach its sustainability goals and appreciate the trust placed in Univar Solutions," added Jurcak. "Through this expanded agreement, Sasol's customers will also benefit from our extensive sales team, application-specific technical support, and complementary product portfolio."
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 North American sales force, unparalleled logistics know-how, deep market and regulatory knowledge, world-class 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. Univar Solutions is committed to helping customers and suppliers innovate and grow together. Learn more at UnivarSolutions.com.
About Sasol Chemicals
Sasol Chemicals fulfills its purpose of "Innovating for a better world" by offering a broad, state-of-the-art portfolio of specialty chemicals for a wide range of applications and industries. Our solutions, delivered through four market-facing businesses – performance solutions, essential care chemicals, advanced materials and base chemicals – are used in countless products that add value, security and comfort to our daily lives, and, increasingly, help our customers meet their sustainability goals. With regional business platforms in the Americas, Eurasia and Southern Africa and locations in 22 countries, Sasol Chemicals collaborates with customers around the world to tackle their toughest challenges.
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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SOURCE Univar Solutions Inc.
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