Exclusive agreement brings new nanotechnology
solutions and sustainable innovation to cleaning customers in
Europe and North America
DOWNERS GROVE, Ill.,
April 25, 2023 /PRNewswire/
-- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or
"the Company"), a leading global solutions provider to users of
specialty ingredients and chemicals, today announced another
significant step forward in the Company's journey to a more
sustainable future with the addition of Ancor's NOB166® boosters
for detergent products to its homecare and industrial cleaning
ingredients portfolio. The NOB166® range of anti-microbial laundry
detergent additives are used in health care and industrial laundry
and dry-cleaning services to prevent the depositing and
proliferation of microorganisms that can accelerate odor and
degradation of products.
"As global consumers become increasingly aware of the importance
of protecting the environment and seek out sustainable solutions,
it's more important than ever for us to incorporate eco-friendly
chemistries into our ingredient options for our customers," said
Aaron Lee, global vice president for
Homecare & Industrial Cleaning at Univar Solutions. "The need
to develop greener products that don't compromise on efficacy has
truly opened the door to a new generation of high-quality,
sustainable ingredients and solutions. With that, we are delighted
to announce our exclusive agreement to distribute NOB166 across
Europe and North America, through our partnership with a
supplier that shares our strong commitment to environmental
responsibility and sustainable development."
In the homecare and industrial cleaning space, NOB166 boosters
are combined with detergents and fabric softeners during the
manufacturing process. They can be used on many fabrics, natural or
synthetic, and are also effective in cold water washing, which can
result in energy, time, and cost savings, and less pressure on
electricity grids. In addition, NOB166 creates a biocidal action
and imparts anti-microbial protection that lasts up to seven days,
inhibiting the proliferation of microorganisms in textiles and
helping to eliminate the need to wash fabrics daily, which can
result in reduced hot water use, less water consumption in general,
and reduced wear and tear on fabrics.
"We are excited to partner with Univar Solutions, an
organization that shares our commitment to technology innovation
and sustainable consumption and production patterns," said Steve
Vriethoff, sales and sustainability manager for NOB166. "By
collaborating in multiple regions, we can better serve customers
who are looking to improve efficiency and reduce costs with our
next-generation biocide solutions."
Learn more about Univar Solutions' high performing cleaning
products and innovative, sustainable solutions in homecare and
industrial cleaning.
About Univar Solutions
Univar Solutions (NYSE: UNVR)
is a leading global commodity and 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 Ancor
Ancor is specialized in the innovation and
development of long lasting protective biocidal products with top
priority in sustainability. The team consists of chemical
engineers, PhDs in chemical sciences, physicists, microbiologists,
and experts in environmental sustainability. With more than 35
years of experience in the field of chemistry and 15 years in the
field of nanotechnology, we strive to offer much needed solutions
for domestic and industrial markets remaining faithful to our
motto; Protecting Today, Saving Tomorrow. Find out more at
nob166.com/en/.
Forward-Looking Statements
This press release includes
certain statements relating to future events and our intentions,
beliefs, expectations, and outlook 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:
general economic conditions, particularly fluctuations in
industrial production and consumption and the timing and extent of
economic downturns increased competitive pressures, including as a
result of competitor consolidation; potential supply chain
disruptions; significant changes in the pricing, demand and
availability of chemicals; our indebtedness, the restrictions
imposed by, and costs associated with, our debt instruments, and
our ability to obtain additional financing; the broad spectrum of
laws and regulations that we are subject to, including extensive
environmental, health and safety laws and regulations and changes
in tax laws; potential cybersecurity incidents, including security
breaches; an inability to generate sufficient working capital;
transportation related challenges, including increases in
transportation and fuel costs, changes in our relationship with
third party transportation providers, and ability to attract and
retain qualified drivers; accidents, safety failures, environmental
damage, product quality issues; delivery failures or hazards and
risks related to our operations and the hazardous materials we
handle, potential inability to obtain adequate insurance coverage;
ongoing litigation, potential product liability claims and recalls,
and other environmental, legal and regulatory risks; challenges
associated with international operations; exposure to interest rate
and currency fluctuations; possible impairment of goodwill
and intangible assets; the ongoing and evolving COVID-19 pandemic,
including impacts on the global economy, our employees, customers,
vendors and suppliers, and our business, results of operation and
financial condition; significant changes in the business strategies
of producers or in the operations of our customers; an inability to
integrate the business and systems of companies we acquire,
including failure to realize the anticipated benefits of such
acquisitions; negative developments affecting our pension plans and
multi-employer pensions; labor disruptions associated with the
unionized portion of our workforce; our ability to attract or
retain a qualified and diverse workforce; our ability to execute on
our strategies related to environmental, social, and governance
matters, and achieve related expectations may be impacted as a
result of evolving regulatory and other standards, processes, and
assumptions, the pace of scientific and technological developments,
increased costs and the availability of requisite financing and
changes in carbon markets; and the other factors described in the
Company's Annual Report on Form 10-K for the year ended
December 31, 2021, as well as other
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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