Univar Solutions and Dow Expand Global Relationship with Metalworking Lubricants and Fluids Agreement in Mainland China and Hong Kong China


Customers will have access to select synthetic Dow UCON™ polyalkylene glycol (PAG) products for more environmentally friendly alternatives to conventional base oils.

DOWNERS GROVE, sick, April 8, 2022 /PRNewswire/ — Univar Solutions China Limited, a subsidiary of Univar Solutions Inc. (NYSE: UNVR) (“Univar Solutions” or “the Company”), a global chemical and ingredient distributor and service provider to added value, today announced an extension of its relationship with Dow regarding UCON PAG-based synthetic products in China.

Univar Solutions and Dow Expand Global Relationship with Metalworking Lubricants and Fluids Agreement in Mainland China and Hong Kong

Highlights of the agreement

  • Relies on the long-term relationship in North America, Latin America and Europecreating a true global partnership.

  • Strengthens Univar Solutions portfolio in China with the addition of Dow’s UCON PAG-based synthetic base fluids and highlights Univar Solutions’ efforts to grow organically with key partners in Asia Pacific.

  • Demonstrates Univar Solutions’ work to develop and expand its global footprint in the lubricants and metalworking fluids industry.

  • PAG-based fluids and lubricants provide a high level of flexibility not possible with natural and mineral oils and lubricants. UCON products can also help reduce wear and extend the life of industrial, mobile, marine and other equipment, further improving their environmental friendliness.

“Our strategic relationship with Dow enables us to provide our customers with access to a strong portfolio of industrial product components. As the largest distributor of Dow’s lubricants and metalworking fluids ingredients, we are delighted that our relationship has extended to the continent China and China hong kongallowing us to offer these chemistries across the globe,” said Federico Montaner, Global Vice President, Lubricants and Metalworking Fluids at Univar Solutions. “Working side by side as valued and trusted partners, we are committed to staying ahead of market trends and regulatory changes to meet the multifaceted needs of customers in the lubricants and metalworking markets.”

Univar Solutions has worked alongside Dow for more than 30 years, helping to provide customers with innovative products, formulation know-how, supply chain services, sustainable solutions and expertise for lubricants and metalworking fluids to accelerate time to market. By leveraging global industry expertise with local technical, sales and marketing resources, Univar Solutions is a valued and trusted partner for customers and suppliers worldwide.

“Through the strength of our global network, we are constantly working to find solutions, accelerate innovation and advance product development for customers across the continent. China and China hong kong,” noted Myron Ligeneral director, China and South East Asia for Univar Solutions. “With our global team of technical, sales, marketing and application development experts, we are able to holistically serve our customers when and where they need us across a range of important industries.”

Learn more about the long-standing global relationship between Univar Solutions and Dow.

About Dow
Dow combines global reach; asset integration and scale; targeted innovation and expertise in materials science; prominent business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The company’s ambition is to become the most innovative, customer-centric, inclusive and sustainable materials science company in the world. Dow’s portfolio of businesses in plastics, industrial intermediates, coatings and silicones offers a broad range of differentiated, science-based products and solutions for customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow achieved sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, visit www.dow.com or follow @DowNewsroom on Twitter.

About Univar Solutions
Univar Solutions (NYSE: UNVR) is one of the world’s leading distributors of basic and specialty chemicals and ingredients, representing a leading portfolio of the world’s leading producers. With the largest private transport fleet and technical sales force in the industry, unparalleled logistics know-how, in-depth market and regulatory knowledge, formulation and recipe development, and digital leading edge, the company is well positioned to provide tailored solutions and value-added services to a wide range of markets, industries and applications. While fulfilling its purpose to help keep communities healthy, nourished, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

Forward-looking statements
This press release contains 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 Act of 1933. Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which are beyond the Company’s control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from 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 these forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; measures 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 our customers’ demands; material changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including from consolidation of competitors; significant changes in the prices, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt securities and our ability to obtain additional financing if needed; the wide range of laws and regulations to which we are subject, including extensive environmental, health and safety laws and regulations; an inability to integrate the operations and systems of companies we acquire, including Nexeo Solutions, Inc., or realize the anticipated benefits of such acquisitions; potential business interruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationships with third-party suppliers; 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 offer; operational risks for which we may not be sufficiently 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, joint ventures and strategic investments; adverse developments affecting our pension plans and multi-employer pension plans; labor disruptions associated with the unionized portion of our workforce; and 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 expressed or implied by the forward-looking information contained in this press release. hurry. . In addition, forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “plans”, “seeks”, “will”, “expects”, “intends”, ” believes”, “anticipates”, “believes” or “continues” or their negative form or variations thereof or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unforeseen events or otherwise, except as required by law.

Univar Solutions

Univar Solutions

SOURCEUnivar Solutions Inc.

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