Univar (UNVR) Inks Distribution Deal With Colonial Chemical
Zacks Investment Research | Jun 06, 2018 10:30PM ET
Univar Inc.’s (NYSE:UNVR) fully-owned subsidiary, Univar B.V., and Colonial Chemical's beauty, personal care and household divisions have inked a new distribution deal. The five-year European distribution deal will not only expand Univar’s surfactant portfolio but will also increase its ability to offer products derived from renewable ingredients.
Colonial focuses on the emerging green chemistry market along with traditional methods to offer household, personal care and industrial products. It is a global supplier of surfactants to more than 25 countries.
According to Univar, surfactants have always been an important part of its portfolio. The latest move will enable the company to provide a tailored offering of surfactants derived from all-natural and renewable ingredients. It will also help to address the growing demand for natural products in home care and personal care markets.
Notably, Univar’s focused industries line of business provides dedicated expertise to three core industries — Personal Care, Food Ingredients and Coatings & Adhesives. Moreover, its simplified supply chain helps to reduce supplier costs and extends the reach of technical expertise into local markets.
Univar’s shares have lost 3.5% over the past six months, modestly underperforming the
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