With the sun care protection products market
continuing to grow in Brazil,
collaboration will provide essential sunscreen filters to enhance
skin care solutions
SÃO PAULO, May 9, 2023
/PRNewswire/ -- Univar Solutions Brasil Ltda., a subsidiary of
Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the
Company"), a leading global solutions provider to users of
specialty ingredients and chemicals, today announced a distribution
agreement with Croda do Brasil Ltda, the life sciences and consumer
care company that creates, makes, and sells specialty chemicals for
sun care filters. The addition of Croda's ingredients for sun care
filters, used in facial and body lotions formulated with
ultraviolet (UV) physical filters, further expands Univar
Solutions' comprehensive offering of beauty and personal care
products in the sun care space. The products are from the lines
Solaveil™, Infraveil™, and Optisol™, and are based on the mineral
titanium dioxide, providing transparency in preparations used in
cosmetics.
Univar Solutions Appointed Distributor for
Sun Care Filters with Croda Partnership in Brazil
"With this new supplier authorization, Univar Solutions can
support Brazilian customers seeking the specialty ingredients
needed to produce protective sun care products, a growing product
category," said Tony Jaillot, global vice president for beauty and
personal care for Univar Solutions. "Both Univar Solutions and
Croda share the same passion for providing sustainable,
nature-derived, and effective products that deliver benefits beyond
ingredients to consumers. We know that while today's skincare
solutions must be high performing, they must also integrate
ingredient transparency, as consumers are becoming increasingly
aware of the impact that products have on individuals, society, and
our planet," added Jaillot.
"We are pleased that Croda continues to place their trust
in Univar Solutions by partnering with our ingredients
and specialties business in Brazil. As a strategic partner, we are excited
about this opportunity to expand our portfolio and enhance our
value for customers seeking to develop innovative sun care products
for local consumers. We look forward to a fulfilling and productive
relationship helping deliver personal care solutions for years to
come," said Jorge Buckup, president of Latin America for Univar Solutions.
The formulation and commercialization of advanced protective sun
care products helps keeps communities healthy and safe, and Univar
Solutions is committed to providing the specialized ingredients
found in sun care filters. Univar Solutions' specialized beauty and
personal care business serves sun care, skin care, color cosmetics,
and hair care customers with a suite of customized products and
services. Supported by technical innovation at its network of
Solution Centers, a global distribution footprint, and supply chain
expertise, Univar Solutions delivers a comprehensive customer
experience, from product development through ongoing brand
support.
Paulo Sevilha, Latin America
sales and marketing director for Croda said, "We are thrilled to
announce this new partnership with Univar Solutions within the
beauty and personal care market. Our specialty ingredients
complement their diverse personal care portfolio. Univar Solutions'
extensive distribution network, product knowledge, and local
technical support will provide an opportunity to create more
innovative solutions for sun care products based on the growing
demand for mineral sunscreens – the natural ingredients."
For more information about Univar Solutions' beauty and personal
care business, 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 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 Croda
Croda is a global specialty chemical manufacturer using
science and technology to create innovative ingredients for a wide
range of industries. Croda creates long-term value by engaging with
their customers and markets wherever and whenever they need them -
creating, making, and selling sustainable and innovative specialty
ingredients. Their purpose is to use Smart science to improve
lives™, enabled by their distinctive values-led culture that
governs how they work with one another and guides their
relationships with all of their partners. Croda combines knowledge,
passion, and entrepreneurial spirit to create, make and sell
specialty ingredients that are relied on by industries and
consumers everywhere. Learn more at croda.com/en-gb.
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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/univar-solutions-appointed-distributor-for-sun-care-filters-with-croda-partnership-in-brazil-301819134.html
SOURCE Univar Solutions Inc.