Univar Solutions Announces Partnership with Dow to Distribute Agricultural Silicone based Foam-Control Products in Mexico
DOWNERS GROVE, Ill., May 3, 2021 /CNW/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a global chemical and ingredient distributor and provider of value-added services, today announced an agreement with Dow to distribute its line of silicone based defoamers DOWSIL™ and XIAMETER™ for agrochemical applications in Mexico. The expanded agreement further solidifies Univar Solutions' ability to provide a broad range of industry-leading products, solutions and expertise for its agrochemical industry customers.
"At Univar Solutions, we pride ourselves on building long-lasting, productive relationships with premier suppliers. Partnering with a best-in-class organization like Dow demonstrates how we continually and strategically collaborate to bring innovation to the Mexican agricultural market, ultimately supporting Mexican growers," said Jorge Buckup, president, Latin America, for Univar Solutions. "With this agreement, we are well-positioned to provide customers new solutions and efficiencies to enhance their crop businesses."
For the agriculture and crop protection industries, excessive foaming can cause processing vessels to overflow, interfering with packaging and damaging materials or equipment and potentially impacting capacity, production efficiency and increasing time. As a result, higher maintenance costs and larger, more expensive equipment can sometimes be necessary to manage the excess foam. DOWSIL™ and XIAMETER™ Silicone Foam Control Agents from Dow have low surface tension for effective foam control in a variety of foaming media and act as both antifoams and defoamers, providing effective and efficient solutions for agrochemical customers experiencing these challenges.
Patricia Augusto, Latin America marketing manager at Dow, added, "We are pleased to expand our successful partnership with Univar Solutions in Mexico. As we identify agrochemical customers who may benefit from advanced antifoam products, together we can offer our unique technologies and solutions and help deliver greater value through enhanced efficiency and product performance."
Antifoams and defoamers for crop protection are available from Univar Solutions as fluids, compounds, emulsions, and powders and can be used in both aqueous and non-aqueous agrochemical systems. Learn more about Univar Solutions' comprehensive silicone portfolio, made possible by its relationship with Dow.
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 Dow
Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through our materials science expertise and collaboration with our partners. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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.
Investor Relations, Heather Kos, +1 844-632-1060, [email protected]; Media Relations, Dwayne Roark, +1 331-777-6031, [email protected], http://univarsolutions.com
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