Univar Solutions and ANGUS Expand Distribution Agreement in Europe to Include the Homecare & Industrial Cleaning Market
ROTTERDAM, Netherlands, May 25, 2022 /PRNewswire/ -- Europe, Univar B.V., a subsidiary of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global commodity and specialty chemical and ingredient distributor and provider of value-added services, announced today the expansion of its distribution agreement with ANGUS Chemical Company ("ANGUS"), a leading global manufacturer of specialty chemicals for life sciences, home and personal care and industrial markets, to include the pan-European Homecare & Industrial Cleaning (HIC) market. This agreement will further enable Univar Solutions to provide its customers with expanded access to specialty cleaning ingredients alongside comprehensive technical innovation and sourcing support.
Enhances Univar Solutions' portfolio of specialty chemicals and ingredients offered to cleaning product formulators
ROTTERDAM, Netherlands, May 25, 2022 /PRNewswire/ -- Europe, Univar B.V., a subsidiary of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global commodity and specialty chemical and ingredient distributor and provider of value-added services, announced today the expansion of its distribution agreement with ANGUS Chemical Company ("ANGUS"), a leading global manufacturer of specialty chemicals for life sciences, home and personal care and industrial markets, to include the pan-European Homecare & Industrial Cleaning (HIC) market. This agreement will further enable Univar Solutions to provide its customers with expanded access to specialty cleaning ingredients alongside comprehensive technical innovation and sourcing support.
Univar Solutions customers across Europe now have access to ANGUS' specialty additives, such as AMP™ (aminomethyl propanol) and TRIS AMINO™ Crystals (tromethamine), which are designed to improve the performance, safety profile and stability of cleaning products, even in the most demanding applications. Under the expanded agreement, Univar Solutions will also offer ULTRA PC™-grades of ANGUS amino alcohols for homecare and industrial cleaning customers who seek low secondary amine content.
"At Univar Solutions, we support homecare and industrial cleaning manufacturers around the globe through a hub-and-spoke model of Solution Centers offering prototyping, trend kits, performance and raw material evaluations and formulation as well as technical assistance," said Aaron Lee, global vice president for Homecare & Industrial Cleaning at Univar Solutions. "With a vast portfolio of materials from some of the world's premier specialty and core product suppliers, Univar Solutions can help develop better performing and sustainable solutions for laundry detergents, glass cleaners and other unique applications; this agreement will further help and support supply chains and product development across Europe."
The agreement expands Univar Solutions relationship with ANGUS, which today serves customers in the Beauty & Personal Care (BPC) and Coatings, Adhesives, Sealants & Elastomers (CASE) and Rubber & Plastic Additives markets. ANGUS offers a unique portfolio of globally registered amino alcohol additives that meet complex HIC formulating requirements and that complement Univar Solutions' expansive offering of specialty ingredients and solutions.
"Our portfolio of specialty additives combines superior performance with visible, measurable benefits in a wide range of end uses, from dish, fabric and pet care to heavy-duty surface cleaning," said Liam Doherty, senior vice president - Europe, Middle East, Africa and India for ANGUS Chemical Company. "We are excited to expand our existing agreement with Univar Solutions and their broad network and deep expertise in homecare and industrial cleaning applications to better serve formulators and manufacturers across Europe that are using ANGUS chemistries."
Univar Solutions and its team of scientists, formulation experts and application specialists help keep communities healthy, fed, clean and safe by contributing to the development and supply of more sustainable cleaning products. As consumers increasingly demand more sustainable product formulations with exceptional performance, our team of experts across a network of global Solution Centers work on helping to improve time to market, solve problems and deliver ingredient innovation through human ingenuity.
Learn more about Univar Solutions' Homecare & Industrial Cleaning business at https://www.univarsolutions.com/industries/homecare-industrial-cleaning.
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.
About ANGUS Chemical Company
ANGUS is a leading global manufacturer and marketer of specialty ingredients for biotechnology, pharmaceutical, consumer and industrial applications. The company innovates through its unique nitroalkane chemistries, including its flagship AMP™ (aminomethyl propanol) multifunctional additives and TRIS AMINO™ (tromethamine) buffers, which are produced at fully integrated, ISO 9001-certified manufacturing facilities in the United States and Germany. ANGUS serves its global customers through six regional Customer Application Centers located in Chicago, Illinois; Paris, France; São Paulo, Brazil; Singapore; Shanghai, China; and Mumbai, India. The Company is headquartered in Buffalo Grove, Illinois. www.angus.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.
