Univar Solutions, Marott Graphic Services enter distribution pact in Europe » 08:0601/3101/31/23
Univar Solutions B.V., a…
Univar Solutions B.V., a subsidiary of Univar Solutions, announced the company has been appointed as distributor for Marott Graphic Services unique rust protection additives for inks, coatings, rust prevention oils, and lubricants and metalworking fluids in Europe. The new agreement between the two companies includes additives for oils, lubricants, and coatings in the TINSCO range of rust inhibitors. Working together, Univar Solutions will offer customers access to an expansive range of additives for lubricants, metalworking fluids and rust prevention oils, while simultaneously providing MGS a reliable, technical-focused, and market leading distribution partner. Innovation is a top priority for both MGS and Univar Solutions as the two companies are bringing alternative solutions forward by focusing on sustainability in the lubricants and metalworking fluids and coatings space.
|Over a week ago|
Univar Solutions Brazil expands relationship with Dow » 08:0501/2501/25/23
Univar Solutions Brasil,…
Univar Solutions Brasil, a subsidiary of Univar Solutions, announced an expanded distribution relationship in Brazil with Dow. The new agreement will strengthen Univar Solutions' homecare & industrial cleaning portfolio in Brazil with the addition of cleaning brands ACUSOL, SupraCare, and others. Univar Solutions and Dow Expand Relationship in Brazil to Include the Homecare and Industrial Cleaning Market"Our enhanced partnership with Dow represents a major step for our homecare and industrial cleaning business in Brazil. Building on our close collaboration with Dow in North America and Europe, the new agreement will increase the depth and breadth of our portfolio and customer reach in this region, and demonstrates the importance of strong global supplier relationships," said Jorge Buckup, president, Latin America for Univar Solutions. Univar Solutions' customers in Brazil will have access to Dow brands that are used in home and industrial cleaning applications and products such as dish, laundry, and surface cleaners.
Brenntag initiated with an Overweight at Morgan Stanley » 04:4701/2501/25/23
Morgan Stanley analyst…
Morgan Stanley analyst Annelies Vermeulen initiated coverage of Brenntag with an Overweight rating and EUR 85 price target. The analyst thinks the company "can surprise with more resilient performance" as growth and margins taper across the space in 2023.
Univar named as distributor for Dow's acrylic emulsion polymer products » 08:0701/2401/24/23
Univar Solutions B.V., a…
Univar Solutions B.V., a subsidiary of Univar Solutions (UNVR), announced the company has been named as a distributor for Dow's (DOW) acrylic emulsion polymer products included in the PRIMAL and UCAR LATEX brand portfolios in the United Kingdom and Ireland. PRIMAL and UCAR LATEX products are used in construction for improving the properties of cementitious as well as non-cementitious applications.
Univar to acquire Turkish specialty chemicals distributor Kale Kimya, no terms » 08:0201/2301/23/23
Univar Solutions announced that it has signed an agreement to acquire leading Turkish specialty chemicals distributor Kale Kimya. Terms of the transaction were not disclosed. Closing of the acquisition is subject to certain regulatory approvals and is expected to be completed within Q1 2023.
Univar up 3% after Bloomberg report on PE bidder interest 15:1401/1101/11/23
Univar draws interest from Apollo, Platinum Equity, Bloomberg says » 15:1301/1101/11/23
Chemical distributor Univar Solutions (UNVR) is drawing interest from potential bidders that include Apollo Global (APO) and Platinum Equity, sources familiar with matter tell Bloomberg's Kiel Porter.
BofA shakes up ratings to get 'more offensive' in U.S. Chemicals » 06:4501/1101/11/23
CC, EMN, LTHM, DOW, CTVA, UNVR, IFF
BofA analysts Matthew…
BofA analysts Matthew DeYoe and Steve Byrne are shaking up their ratings in the U.S. Chemicals space to take a "more offensive stance," while refraining from going "all in" on risk assets until they see more confirmation from macro and commodity markets, they tell investors in a sector note. In that context, the team upgraded Chemours (CC) and Eastman Chemical (EMN) to Buy from Neutral, double upgraded Livent (LTHM) to Buy from Underperform, and raised both Dow Inc. (DOW) and Corteva (CTVA) to Neutral from Underperform. Meanwhile, to keep at least 20% of their coverage at Underperform, they downgraded Univar (UNVR) to Underperform from Buy and also double downgraded IFF (IFF) to Underperform.
Univar downgraded to Underperform from Buy at BofA » 06:4001/1101/11/23
BofA analyst Steve Byrne…
BofA analyst Steve Byrne downgraded Univar to Underperform from Buy.
Brenntag reinstated with a Buy at Goldman Sachs » 16:1501/1001/10/23
Goldman Sachs analyst…
Goldman Sachs analyst Suhasini Varanasi reinstated coverage of Brenntag with a Buy rating and EUR 88 price target. The analyst states that while she expect a slowdown in growth and contraction in margins in 2023, she also believes that this has been largely priced in as Brenntag is trading close to a trough price-to-earnings multiple of 10-times her 2023 estimates.