New agreement strengthens the companies'
commitment to delivering high-quality ingredients and expertise in
beauty and personal care throughout the
United States and Canada
DOWNERS
GROVE, Ill., April 27,
2023 /CNW/ -- Univar Solutions Inc. (NYSE: UNVR)
("Univar Solutions" or "the Company"), a leading global solutions
provider to users of specialty ingredients and chemicals, today
announced an expanded exclusive distribution agreement
with ANGUS Chemical Company ("ANGUS") covering the beauty and
personal care market in the United
States and Canada. ANGUS is
a global manufacturer of high-quality specialty chemistries and
ingredients for personal and home care, life sciences, and
industrial markets.
Univar Solutions Expands Personal Care
Products Portfolio in North
America with Natural Botanical Extracts from ANGUS
"We are very pleased to expand our global relationship with
ANGUS, a valued and versatile
specialty ingredients supplier," said Tony Jaillot, global vice
president of beauty and personal care for Univar Solutions. "At
Univar Solutions, we work at the intersection of science and
technology and recognize that consumers are increasingly demanding
more sustainable products with exceptional performance. In
response, our global Solution Center network and on-the-ground
application specialists are delivering practical technical
solutions to help customers meet the latest trends, regulatory
requirements, and their sustainability goals. Together with
ANGUS, we can deliver botanical
ingredients and the consistent, reliable service that local
customers are seeking, no matter where they are in the
world."
With the expanded agreement, Univar Solutions adds ANGUS' broad portfolio of natural botanical
extracts complementing the Company's existing portfolio of
ANGUS' high-purity ULTRA PC™
multifunctional amino alcohols. The botanical extracts are produced
by ANGUS in the United States using sustainably sourced
raw materials, with supporting documentation. Botanical extracts
are widely used by formulators and brand owners to enhance the
luxury and labelling of the latest hair care, sun care, skincare,
and color cosmetics formulations.
"We are thrilled to expand on our ongoing, successful
collaboration with Univar Solutions, which aligns seamlessly with
our collective commitment to bringing more sustainable solutions to
emerging brands, established companies, and ultimately the end
consumer," said Debby Neubauer,
global business manager, home and personal care for ANGUS Chemical Company. "Both of our companies
have decades of experience and market expertise in the life
sciences, personal care, and pharmaceutical markets. Together with
the operations and logistics capabilities of Univar Solutions, we
are well-positioned to deliver unprecedented science, quality, and
the supply chain excellence brand owners need for their natural
botanical extracts."
Univar Solutions has over 40 ANGUS botanical extracts available,
including rosemary leaf, sage leaf, vanilla bean, white tea leaf,
yarrow, and dozens of others, in the
United States and Canada.
Working together with supplier partners like ANGUS, Univar Solutions goes beyond global
ingredient distribution, bringing ingredients to life through
pioneering concept formulas and technical expertise, and providing
customers with unique, inspiring, and authentic beauty and personal
care formulations based on their needs, market demand, and
supply.
For more information about Univar Solutions' beauty and personal
care expertise, visit
univarsolutions.com/industries/beauty-personal-care.
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 ANGUS Chemical Company
ANGUS is a leading global
manufacturer and marketer of specialty ingredients and consumables
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 privately owned by Ardian and Golden Gate Capital,
and 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 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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SOURCE Univar Solutions Inc.