Exclusive agreement brings new nanotechnology solutions and sustainable innovation to cleaning customers in Europe and North America
DOWNERS GROVE, Ill., April 25, 2023 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, today announced another significant step forward in the Company's journey to a more sustainable future with the addition of Ancor's NOB166® boosters for detergent products to its homecare and industrial cleaning ingredients portfolio. The NOB166® range of anti-microbial laundry detergent additives are used in health care and industrial laundry and dry-cleaning services to prevent the depositing and proliferation of microorganisms that can accelerate odor and degradation of products.
"As global consumers become increasingly aware of the importance of protecting the environment and seek out sustainable solutions, it's more important than ever for us to incorporate eco-friendly chemistries into our ingredient options for our customers," said Aaron Lee, global vice president for Homecare & Industrial Cleaning at Univar Solutions. "The need to develop greener products that don't compromise on efficacy has truly opened the door to a new generation of high-quality, sustainable ingredients and solutions. With that, we are delighted to announce our exclusive agreement to distribute NOB166 across Europe and North America, through our partnership with a supplier that shares our strong commitment to environmental responsibility and sustainable development."
In the homecare and industrial cleaning space, NOB166 boosters are combined with detergents and fabric softeners during the manufacturing process. They can be used on many fabrics, natural or synthetic, and are also effective in cold water washing, which can result in energy, time, and cost savings, and less pressure on electricity grids. In addition, NOB166 creates a biocidal action and imparts anti-microbial protection that lasts up to seven days, inhibiting the proliferation of microorganisms in textiles and helping to eliminate the need to wash fabrics daily, which can result in reduced hot water use, less water consumption in general, and reduced wear and tear on fabrics.
"We are excited to partner with Univar Solutions, an organization that shares our commitment to technology innovation and sustainable consumption and production patterns," said Steve Vriethoff, sales and sustainability manager for NOB166. "By collaborating in multiple regions, we can better serve customers who are looking to improve efficiency and reduce costs with our next-generation biocide solutions."
Learn more about Univar Solutions' high performing cleaning products and innovative, sustainable solutions in homecare and industrial cleaning.
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.
Ancor is specialized in the innovation and development of long lasting protective biocidal products with top priority in sustainability. The team consists of chemical engineers, PhDs in chemical sciences, physicists, microbiologists, and experts in environmental sustainability. With more than 35 years of experience in the field of chemistry and 15 years in the field of nanotechnology, we strive to offer much needed solutions for domestic and industrial markets remaining faithful to our motto; Protecting Today, Saving Tomorrow. Find out more at nob166.com/en/.
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.
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