“We’re happy so as to add to our sturdy, present HFS/FSA enterprise and market-leading water remedy capabilities. This incremental addition of Nutrien’s HFS/FSA strengthens our long-term provide of this important product primarily utilized in consuming water, and can allow us to proceed supporting important services for our clients properly into the long run,” mentioned Brian Jurcak, vice chairman of product advertising and marketing administration for Univar Options. “Investing in our water remedy enterprise and enhancing our safety of provide permits our expert group, led by our business skilled John Fulcher, to proceed serving to drive dependable, next-generation options for our clients.”
Univar Options is a number one provider to the water remedy and municipal water remedy markets within the U.S. and Canada, with an expansive portfolio of chemical merchandise for all water remedy phases. HFS/FSA is a important ingredient in municipal water remedy because the supply of fluoride in consuming water.
Below the phrases of the brand new contract, Univar Options has unique advertising and marketing and distribution rights for HFS/FSA produced from Nutrien’s phosphate plant in White Springs, Florida, which is predicted to be operational close to the top of 2021. The settlement will complement Univar Options’ traditionally sourced provide from Nutrien’s Aurora, N.C. facility, which is predicted to terminate provide by 12 months finish.
About Univar Options
Univar Options (NYSE: UNVR) is a number one international specialty chemical and ingredient distributor representing a premier portfolio from the world’s main producers. With the business’s largest non-public transportation fleet and North American gross sales power, unparalleled logistics know-how, deep market and regulatory data, world-class formulation and recipe growth, and main digital instruments the corporate is well-positioned to supply tailor-made options and value-added companies to a variety of markets, industries, and purposes. Univar Options is dedicated to serving to clients and suppliers innovate and develop collectively. Be taught extra at UnivarSolutions.com.
Nutrien is the world’s largest supplier of crop inputs and companies, taking part in a important function in serving to growers enhance meals manufacturing in a sustainable method. Nutrien produces and distributes 25 million tonnes of potash, nitrogen and phosphate merchandise worldwide. With this functionality and its main agriculture retail community, Nutrien is properly positioned to produce the wants of consumers. Nutrien operates with a long-term view and is dedicated to working with its stakeholders as they tackle financial, environmental, and social priorities. The dimensions and variety of Nutrien’s built-in portfolio offers a steady earnings base, a number of avenues for progress and the chance to return capital to shareholders.
This press launch consists of sure statements regarding future occasions and our intentions, beliefs, expectations, and predictions for the long run that are “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934, as amended. Ahead-looking statements are topic to recognized and unknown dangers and uncertainties, lots of which can be past the Firm’s management. These forward-looking statements are topic to dangers and uncertainties that might trigger precise outcomes to vary materially from the expectations and assumptions. An in depth dialogue of those components and uncertainties is contained within the Firm’s filings with the Securities and Alternate Fee. Potential components that might have an effect on such forward-looking statements embrace, amongst others: the final word geographic unfold of the COVID-19 pandemic; the period and severity of the COVID-19 pandemic; actions that could be taken by governmental authorities to handle or in any other case mitigate the influence of the COVID-19 pandemic; the potential destructive impacts of COVID-19 on the worldwide economic system and our clients and suppliers; the general influence of the COVID-19 pandemic on our enterprise, outcomes of operations and monetary situation; different fluctuations typically financial circumstances, significantly in industrial manufacturing and the calls for of our clients; vital modifications within the enterprise methods of producers or within the operations of our clients; elevated aggressive pressures, together with on account of competitor consolidation; vital modifications within the pricing, demand and availability of chemical substances; our ranges of indebtedness, the restrictions imposed by our debt devices, and our capability to acquire extra financing when wanted; the broad spectrum of legal guidelines and laws that we’re topic to, together with intensive environmental, well being and security legal guidelines and laws; an incapacity to combine the enterprise and methods of firms we purchase, together with of Nexeo Options, Inc., or to comprehend the anticipated advantages of such acquisitions; potential enterprise disruptions and safety breaches, together with cybersecurity incidents; an incapacity to generate ample working capital; will increase in transportation and gas prices and modifications in our relationship with third occasion suppliers; accidents, security failures, environmental harm, product high quality and legal responsibility points and recollects; main or systemic supply failures involving our distribution community or the merchandise we feature; operational dangers for which we will not be adequately insured; ongoing litigation and different authorized and regulatory dangers; challenges related to worldwide operations; publicity to rate of interest and foreign money fluctuations; potential impairment of goodwill; liabilities related to acquisitions, ventures and strategic investments; destructive developments affecting our pension plans and multi-employer pensions; labor disruptions related to the unionized portion of our workforce; and the opposite components described within the Firm’s filings with the Securities and Alternate Fee. We warning you that the forward-looking data introduced on this press launch shouldn’t be a assure of future occasions or outcomes, and that precise occasions or outcomes could differ materially from these made in or steered by the forward-looking data contained on this press launch. As well as, forward-looking statements usually could be recognized by way of forward-looking terminology akin to “could,” “plan,” “search, “will,” “count on,” “intend,” “estimate,” “anticipate,” “imagine” or “proceed” or the destructive thereof or variations thereon or comparable terminology. Any forward-looking data introduced herein is made solely as of the date of this press launch, and the Firm doesn’t undertake any obligation to replace or revise any forward-looking data to mirror modifications in assumptions, the prevalence of unanticipated occasions, or in any other case, besides as required by legislation.
SOURCE Univar Options Inc.
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