Univar Solutions Opens Latest Solution Center for its Global Ecosystem of Innovation

Univar Solutions Inc.

PR94775

 

DOWNERS GROVE, Ill., Mar. 2, 2022 /PRNewswire=KYODO JBN/--

 

-- State-of-the-art laboratory to support ingredient and specialty chemical

innovation, product formulation application development and more sustainable

solutions across Europe and beyond.

 

Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a

global chemical and ingredient distributor and provider of value-added

services, today announced the opening of its latest Solution Center. Located in

Essen, Germany, this Solution Center serves as the flagship facility for Europe

and as one of the Company's center points for a global hub-and-spoke model of

innovation. With a focus on sustainability, collaboration and development, this

industry leading facility houses experts in product formulation, benchmark

prototyping, product performance testing and efficacy, product analysis,

shelf-life testing and more. The team of chemists, scientists and technical

leaders will support advancements and help drive demand in the Beauty &

Personal care, Homecare & Industrial Cleaning, Pharmaceutical Ingredients and

Coatings, Adhesives, Sealants, Elastomers and Rubber & Plastic Additives

businesses.

 

Video - https://www.youtube.com/watch?v=3KkxzXJpuSo

 

Photo -

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Logo -

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"This latest Solution Center will help our customers solve problems, develop

more sustainable solutions and bring new and better products to market,

faster," said Nick Powell, president, global ingredients & specialties, and

president, EMEA & APAC, for Univar Solutions. "The depth and breadth of

available ingredients and specialty chemicals from our broad supplier base

further support customers as they work to more quickly respond to regulatory

changes, drive innovation, advance trends and meet consumer demand."

 

Combining the latest scientific advancements with application development

support, Univar Solutions works closely with its customers and suppliers to

help brands of all sizes grow and thrive. Through the Company's work in its

network of global Solution Centers, Univar Solutions provides accountable

chemistry, data, digital tools and human ingenuity to help bring an innovative

edge and drive solutions for the technical challenges shaping the future of

sustainable products, processes and ingredients that benefit the environment

and society.

 

"The future of innovation and technical development starts at Univar

Solutions," said Dr. Andrew Mint, director of global solution centers for

Univar Solutions. "In our Solution Centers, we're creating unique, more

sustainable and innovative opportunities as well as scaling solutions to

support growth with our customers while developing solutions to help keep

communities healthy, fed, clean and safe – it's that simple."

 

Near one of the company's largest operations in Europe, the Solution Center

consists of 700 square meters (7,500+ square feet), including laboratories, a

pilot plant, meeting rooms and offices. The expertise, innovation and

capabilities unique to this Solution Center will serve customer projects

end-to-end from concept and development to application testing, launch and

distribution. End product applications expected to be developed at the facility

include industry staples such as hair care, toiletries, skin care, color

cosmetics, topicals, tablet coatings, ointments, dishwashing formulations and

building materials.

 

Discover more at https://www.univarsolutions.com/solution-centers/.

 

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 (

https://c212.net/c/link/?t=0&l=en&o=3459342-1&h=617568440&u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2766181-1%26h%3D2950741537%26u%3Dhttp%253A%252F%252Fwww.univarsolutions.com%252F%26a%3Dwww.univarsolutions.com&a=univarsolutions.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.

 

SOURCE: Univar Solutions Inc.

 

CONTACT: Investor Relations

         Heather Kos, +1-844-632-1060, IR@univarsolutions.com;

         Media Relations:

         Dwayne Roark, +1-331-777-6031, mediarelations@univarsolutions.com

 

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