Univar is a chemical distribution company based in Downers Grove, Illinois. The company was founded in 1924 and as of 2013, it employed approximately 8,000 employees worldwide and generated net sales of $10.3 billion in 2013. Wikipedia.

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Further year of strong growth recorded: 13% increase in revenue Further year of strong growth: 13% increase in revenue Across activity in 2016, Sidetrade Group achieved a turnover of €18.1 million, with wholly organic growth of 13% and robust international demand. This consistent and continuous performance, across successive quarters, reaffirms the success of its innovative product offering and demonstrates its ability to consolidate its position as market leader. The year witnessed the addition of prestigious new accounts to the subscriber base, among them: NHS Property (UK), Deloitte (Belgium), Carrefour Property, Docapost (La Poste Group), Intersport, PageGroup (Germany, Austria, Spain, France, Italy, Switzerland), Saint Gobain Abrasifs (21 countries), Talend (Germany, US, France, UK), Univar (Greece, Italy, Turkey), Equiniti Group Plc, Hearst Magazines, Idex, Samworth Brothers Ltd, Strego, Securitas AB (Norway), Viséo, Renold US, Valor Hospitality... Recurring revenue generated by SaaS resulting from these multi-year contracts ensures excellent visibility of medium-term income. Accordingly, the SaaS backlog at 31 December 2016 stood at €26 million, representing a 24% growth. This committed unrecognized income is not included in the Group income statement or balance sheet at end-2016. Notwithstanding significant investments made both in France and the international arena, operating profit recorded strong growth, achieving €2.1m in 2016, against €1.7m in 2015: an increase of 20%. Sidetrade pursued its strong investment growth strategy with the development of a Data Science Lab (€0.6m) and the strengthening of its Sales and Marketing teams (€0.8m). As of 31 December 2016, the number of Group employees stood at 208 (versus 163 at 31 December 2015), of whom 40% are based abroad. Net Income 2016 stands at €1.8m, up by 8%, following tax deductions of €0.24m, compared to €0.05m in 2015. Notwithstanding acquisition of start-ups BrightTarget and Iko System at end 2016, Sidetrade Group maintains a solid financial structure, with debts held to €0.3m, cash flow recorded at €7.2m and 80,000 Treasury shares. The improvement in results seen in the last three years justify the relevance of the Target25 strategic plan, which aims to achieve 20-25% growth by end 2017. Target25 is now in its final year of implementation. The Board of Directors is fully confident of its ability to deliver strong growth across 2017 activity. In 2017, Sidetrade Group's results will be underpinned by investments made in Sales and Marketing, Sidetrade Payment Intelligence (SPi) solution and the broadening of its offer across the entire customer cycle, following its acquisition of BrightTarget and Iko System. "Technological progress isn't linear; it's exponential. The software industry has taken 15 years to reach the Cloud era. It's going to need less than five to reach the far more disruptive era of Artificial Intelligence. Today, the burning issue for businesses is the intelligent use of data to enable faster, easier creation of added value. The most successful companies have already begun experimenting with Artificial Intelligence to move their businesses forward through short, task-driven projects. With our unique customer engagement platform, Sidetrade's now able to put Artificial Intelligence at the heart of company customer relations to both increase sales and boost cash flow."


— In this report, the global Preservatives market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split global into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of Preservatives for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Southeast Asia India Global Preservatives market competition by top manufacturers/players, with Preservatives sales volume, Price (USD/MT), revenue (Million USD) and market share for each manufacturer/player; the top players including Archer Daniels Midland BASF SE Brenntag AG Cargill In Celanese Corp Chr. Hansen A/S Corbion NV Danisco DSM Food Specialties BV DuPont Galactic SA Hawkins Watts Kemin Industries Kerry group Tate And Lyle PLC Univar On the basis of product, this report displays the sales volume (K MT), revenue (Million USD), product price (USD/MT), market share and growth rate of each type, primarily split into Organic Solvent Preservatives Inorganic Preservatives Natural Antiseptic Ester-Type Preservatives On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Preservatives for each application, including Drinks Pastry Meat Other Global Preservatives Sales Market Report 2017 1 Preservatives Market Overview 1.1 Product Overview and Scope of Preservatives 1.2 Classification of Preservatives by Product Category 1.2.1 Global Preservatives Market Size (Sales) Comparison by Type (2012-2022) 1.2.2 Global Preservatives Market Size (Sales) Market Share by Type (Product Category) in 2016 1.2.3 Organic Solvent Preservatives 1.2.4 Inorganic Preservatives 1.2.5 Natural Antiseptic 1.2.6 Ester-Type Preservatives 1.3 Global Preservatives Market by Application/End Users 1.3.1 Global Preservatives Sales (Volume) and Market Share Comparison by Application (2012-2022) 1.3.2 Drinks 1.3.3 Pastry 1.3.4 Meat 1.3.5 Other 1.4 Global Preservatives Market by Region 1.4.1 Global Preservatives Market Size (Value) Comparison by Region (2012-2022) 1.4.2 United States Preservatives Status and Prospect (2012-2022) 1.4.3 China Preservatives Status and Prospect (2012-2022) 1.4.4 Europe Preservatives Status and Prospect (2012-2022) 1.4.5 Japan Preservatives Status and Prospect (2012-2022) 1.4.6 Southeast Asia Preservatives Status and Prospect (2012-2022) 1.4.7 India Preservatives Status and Prospect (2012-2022) 1.5 Global Market Size (Value and Volume) of Preservatives (2012-2022) 1.5.1 Global Preservatives Sales and Growth Rate (2012-2022) 1.5.2 Global Preservatives Revenue and Growth Rate (2012-2022) … 9 Global Preservatives Players/Suppliers Profiles and Sales Data 9.1 Archer Daniels Midland 9.1.1 Company Basic Information, Manufacturing Base and Competitors 9.1.2 Preservatives Product Category, Application and Specification 9.1.2.1 Product A 9.1.2.2 Product B 9.1.3 Archer Daniels Midland Preservatives Sales, Revenue, Price and Gross Margin (2012-2017) 9.1.4 Main Business/Business Overview 9.2 BASF SE 9.2.1 Company Basic Information, Manufacturing Base and Competitors 9.2.2 Preservatives Product Category, Application and Specification 9.2.2.1 Product A 9.2.2.2 Product B 9.2.3 BASF SE Preservatives Sales, Revenue, Price and Gross Margin (2012-2017) 9.2.4 Main Business/Business Overview 9.3 Brenntag AG 9.3.1 Company Basic Information, Manufacturing Base and Competitors 9.3.2 Preservatives Product Category, Application and Specification 9.3.2.1 Product A 9.3.2.2 Product B 9.3.3 Brenntag AG Preservatives Sales, Revenue, Price and Gross Margin (2012-2017) 9.3.4 Main Business/Business Overview 9.4 Cargill In 9.4.1 Company Basic Information, Manufacturing Base and Competitors …Continued For more information, please visit http://www.wiseguyreports.com


News Article | July 11, 2017
Site: www.prnewswire.com

Univar plans to issue its second-quarter earnings news release at approximately 6:00 a.m. ET on Aug. 4. At the same time, the company will post a slide presentation in the Investor Relations section of its website at http://investor.univar.com. In conjunction with the release, the company will host a webcast with investors to discuss the second-quarter results at 9:00 a.m. ET on Aug. 4. The webcast will be accessible through the Investor Relations section of Univar's website. Following the event, an archived version of the webcast and supporting materials will be available on the Univar website at http://investor.univar.com. Founded in 1924, Univar (NYSE: UNVR) is a global chemical and ingredients distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America. Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world. For more information, visit www.univar.com.


News Article | August 4, 2017
Site: www.prnewswire.com

Univar reported net income of $31.3 million, or $0.22 per share, compared to net income of $39.8 million, or $0.29 per share, in the second quarter of 2016. Net income for the second quarter 2017 included $11.5 million, or $0.06 per share, in U.S. transformation costs and a loss of $10.8 million, or $0.06 per share, for movements in the U.S. dollar value of foreign currency denominated loans and monetary balances, and mark-to-market impacts related to hedging contracts. The prior year second quarter included a gain of $0.04 per share for the same items. Adjusted EBITDA grew 8.6 percent to $160.9 million from $148.2 million in the second quarter last year as a result of improvements in the Company's sales force effectiveness, margin management and business mix. Adjusted EBITDA margin expanded 60 basis points to 7.2 percent and Adjusted EBITDA margin increased across all segments. In the USA segment, improvements in the Company's sales force execution and operating discipline drove a 10.6 percent increase in Adjusted EBITDA. "We're pleased with the momentum we are building as demonstrated by our rising profitability growth over the past few quarters. Adjusted EBITDA grew for the third quarter in a row and our U.S. transformation plan is taking hold," said Steve Newlin, chairman and chief executive officer. "Our growth has accelerated and we are gaining confidence as our execution improves." "Effective working capital management complemented EBITDA growth, and that enabled us to reduce our leverage ratio and strengthen our balance sheet," added Carl Lukach, executive vice president and chief financial officer. "Our margins are increasing and we generated strong cash flow in the quarter." The results of Univar's operating performance are described below and, unless otherwise indicated, are a comparison of second quarter 2017 results with second quarter 2016 results, including Adjusted EBITDA, which is reconciled to reported net income in the accompanying supplemental financial information. – Net sales for the USA segment decreased 1.8 percent to $1.2 billion. Improvements in the Company's sales force effectiveness largely offset a decline in volume, the majority of which can be attributed to the company's margin management efforts. Gross profit increased $12.6 million, or 4.8 percent, to $275.7 million, while gross margin expanded 140 basis points to 23.1 percent due to margin and mix enrichment efforts and improved sales force execution. Adjusted EBITDA grew $8.8 million, or 10.6 percent, to $92.0 million, and Adjusted EBITDA margin expanded 80 basis points to 7.7 percent. – Net sales for the Canada segment increased 1.4 percent to $492.4 million, driven by higher sales volumes, partially offset by changes in market and product mix due to a soft agricultural season. Gross profit grew $6.9 million, or 11.4 percent, to $67.5 million, while gross margin expanded 120 basis points to 13.7 percent due to improved sales force execution, margin management, mix improvement and higher supplier rebates in the second quarter than last year. Adjusted EBITDA grew $5.3 million, or 16.8 percent, to $36.8 million, and Adjusted EBITDA margin expanded 100 basis points to 7.5 percent. – Net sales for the EMEA segment increased 0.8 percent to $463.7 million, as mix enrichment and margin improvement initiatives were partially offset by a decline in volume driven largely by three fewer billing days. Gross profit grew $1.6 million, or 1.6 percent, to $104.7 million, and gross margin expanded 20 basis points to 22.6 percent, reflecting favorable product and end market mix. Adjusted EBITDA increased $3.3 million, or 10.0 percent, to $36.3 million, while Adjusted EBITDA margin expanded 60 basis points to 7.8 percent, due to modestly lower operating expenses and higher gross margin. – Net sales for the Rest of World segment decreased 4.4 percent to $99.8 million due to lower demand and sluggish economic conditions in Latin America. Gross profit of $18.5 million was essentially flat with the prior year, while gross margin expanded 70 basis points to 18.5 percent, driven by strong margin management efforts to counterbalance the challenging economic conditions pressuring margins. Adjusted EBITDA increased $0.7 million, or 16.7 percent, to $4.9 million, and Adjusted EBITDA margin expanded 90 basis points to 4.9 percent largely due to cost reductions in our Asia Pacific business and solid performance in Brazil. The Company will continue executing against its Commercial Greatness, Operational Excellence and One Univar initiatives. As a result of its progress to date, Univar now expects Adjusted EBITDA for the full year to grow high single digits versus last year. For the third quarter of 2017, the Company also expects Adjusted EBITDA to grow high single digits from last year's $145.9 million. "Univar is transforming into a growth company, developing the infrastructure, culture, and strategy, as well as the execution skills and mindset to deliver superior growth for years to come," said Newlin. "We are becoming a collaborative, cohesive organization with a culture that holds people accountable and recognizes and rewards superior performance. This is the basis for strong execution and how we drive consistent double-digit profitability growth." Univar to Host Webcast on August 4, 2017 at 9:00 a.m. EDT The Company will host a webcast with investors to discuss the second quarter results at 9:00 a.m. ET on August 4, which can be accessed on the Investor Relations section of its website at . Following the event, an archived version of the webcast and supporting materials will be available on the same website. The Company monitors the results of its operating segments separately for the purposes of making decisions about resource allocation and performance assessment. The Company evaluates performance on the basis of Adjusted EBITDA, which it defines as its consolidated net income (loss), plus the sum of interest expense, net of interest income, income tax expense (benefit), depreciation, amortization, other operating expenses, net (which primarily consists of pension mark to market adjustments, acquisition and integration related expenses, employee stock-based compensation expense, restructuring charges, business optimization, and other unusual or non-recurring expenses), impairment charges, loss on extinguishment of debt and other income (expense), net (which consists of gains and losses on foreign currency transactions and undesignated derivative instruments, debt refinancing costs, and other non-operating activity). Adjusted EBITDA margin is Adjusted EBITDA as a percentage of net sales. The Company believes that Adjusted EBITDA is an important indicator of operating performance because: The Company's management believes that certain financial measures that do not comply with accounting principles generally accepted in the United States ("GAAP") provide relevant and meaningful information concerning the ongoing operating results of the Company. Such non-GAAP financial measures are used from time to time herein but should not be viewed as a substitute for GAAP measures of performance. Reconciliations of non-GAAP measures to GAAP are provided in Schedule A. Founded in 1924, Univar (NYSE: UNVR) is a global chemical and ingredients distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America. Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world. For more information, visit www.univar.com. This press release includes 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 Exchange Act of 1934, as amended.  Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control.  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," "comfortable with," "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 we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.


"We are excited to partner with Univar to deliver our specialty ingredient solutions to the Canadian food, health and nutrition markets," added Sherry Duff, senior vice president, chief marketing & technology officer of Innophos Inc. "Innophos' botanical and dietary enzyme ingredients allow manufacturers to develop functional products that respond to a wide range of growing consumer demands. From our innovative CranSmart® PAC blend, which enables manufacturers to deliver whole cranberry benefits for urinary tract health in one small capsule or tablet, to our recently released ChelaMax®, which supports the inclusion of minerals in on-the-go delivery forms where taste is critical, we are committed to providing science-backed, vital ingredient solutions that help manufacturers differentiate their products and deliver value to the end consumer." Founded in 1924, Univar Inc. (NYSE: UNVR), is a global chemical and ingredients distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America. Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world. For more information, visit www.univar.com. Innophos Inc. is a manufacturer and distributor of bioactive mineral ingredients, unique enzyme formulations, premium botanical ingredients, and specialty blends into the nutritional natural products industries worldwide.  Innophos is a leading international producer of specialty ingredient solutions that deliver far-reaching, versatile benefits for the food, health, nutrition and industrial markets. Innophos leverages its expertise in the science and technology of blending and formulating phosphate, mineral and botanical based ingredients to help customers offer products that are tasty, healthy, nutritious and economical. Headquartered in Cranbury, New Jersey, Innophos has manufacturing operations across the United States, in Canada, Mexico and China.  For more information please visit www.innophosnutrition.com and www.innophos.com. Safe Harbor for Forward-Looking and Cautionary Statements from Innophos This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. As such, final results could differ from estimates or expectations due to risks and uncertainties, including but not limited to: incomplete or preliminary information; changes in government regulations and policies; continued acceptance of Innophos' products and services in the marketplace; competitive factors; technological changes; Innophos' dependence upon suppliers; and other risks, including those risks identified under "Risk Factors" in Innophos' Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission. For any of these factors, Innophos claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/univar-launches-botanicals-and-dietary-enzymes-for-the-canadian-market-from-innophos-inc-300467628.html


News Article | August 3, 2017
Site: www.prnewswire.com

"Rhonda's strong experience in strategy, marketing, pricing, major transactions, and in leading cultural change correlates directly to Univar's sustainable growth strategy," said Steve Newlin, Univar's chairman and chief executive officer. "Her knowledge of the value drivers in our markets, and her understanding of digitization opportunities provide valuable insight and guidance for our company." Germany Ballintyn recently retired from her position as corporate vice president, chief strategy & marketing officer for Honeywell. Prior to that, she served in various positions with Booz Allen Hamilton, including vice president, partner and board member. Germany Ballintyn also held management roles with Chem Systems Inc. and Union Carbide. Germany Ballintyn currently serves on the board of Aegion Corporation. She holds a bachelor's degree in chemical engineering from the University of Michigan and a master's of business administration from the University of Connecticut. As Univar continues its transition to a public company with independent directors, this appointment replaces the seat held by Stephen Shapiro, who has resigned effective August 1. "While we welcome Rhonda, who brings valuable industry and management experience to our talented board, I also want to thank Stephen for his leadership and many contributions during his years of service to Univar," added Newlin. "Our management team and company have benefited greatly from his intellect and insight." With this appointment and resignation, Univar's 11 member board satisfies the NYSE listing requirement that a majority of the board is independent. Founded in 1924, Univar (NYSE: UNVR) is a global chemical and ingredients distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America. Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world. For more information, visit www.univar.com.


The global glycols market value is anticipated to exceed USD 47.2 billion by 2025 The rising HVAC demand for advanced and high quality heating and cooling systems is expected to be a key factor steering the growth in the coming years. Glycols include ethylene, propylene and its derivatives are predominately used in the automotive sector as engine antifreeze and coolant products with lower freezing points. The growing product demand in key end-use industries including food & beverage, textiles, medical, and aerospace are expected to increase the consumption globally.Heavy industrialization in countries such as Japan, China, and India have contributed significantly to the glycols demand over the recent past. Heating, ventilating, and air conditioning (HVAC) sector dominated the global consumption with demand exceeding 4,100 kilo tons in 2015. Textiles accounted for over 12% of global revenue in 2015. Stringent chemical disposal regulations in the North American and European region have contributed to this demand in the recent past and are expected to continue the trend over the forecast period. Growing R&D initiatives by key participants coupled with technological advancements to discover novel diol products with higher efficiency level and durability are expected to create new opportunities for the industrial applications. Further key findings from the report suggest: Key Topics Covered: 1. Methodology and Scope 2. Executive Summary 3. Glycols Industry Outlook 3.1. Market segmentation 3.2. Market size and growth prospects, 2014 - 2025 3.3. Value chain analysis 3.4. End-Use Trends 3.5. Ethylene glycol recycling industry: Current trends and future prospects 3.6. Regulatory framework 3.7. Technology Landscape 3.8. Price Trends analysis by key regional market 3.9. Market dynamics 5. Glycols Market: Application Outlook 5.1. Glycols market share by application, 2015 & 2025 5.2. Glycols demand by application, 2015 & 2025 (Kilo Tons) (USD Million) 5.2.1. Automotive (Kilo Tons) (USD Million) 5.2.2. HVAC (Kilo Tons) (USD Million) 5.2.3. Textiles (Kilo Tons) (USD Million) 5.2.4. Airline (Kilo Tons) (USD Million) 5.2.5. Medical (Kilo Tons) (USD Million) 5.2.6. Pipeline Maintenance (Kilo Tons) (USD Million) 5.2.7. Polyester Fibers & resin (Kilo Tons) (USD Million) 5.2.8. Food & Beverage Processing (Kilo Tons) (USD Million) 5.2.9. Others (Kilo Tons) (USD Million) 8. Company Profiles - SABIC - Dow Chemical Company - Sinopec, Corp. - Royal Dutch Shell plc. - Reliance Industries Ltd. - Huntsman International LLC - BASF - Kuwait Petroleum Corporation - AkzoNobel N.V. - Clariant AG - Strategic initiative - Formosa Plastics Corporation - Strategic initiative - INEOS - Strategic initiative - Ultrapar Participacoes S.A. (Ultrapar) - LOTTE CHEMICAL CORPORATION - Strategic initiative - Archer Daniels Midland Company - Dupont Tate & Lyle Bio Products LLC - Temix International S.R.L. - Ashland, Inc. - Cargill Inc. - Strategic initiative - LyondellBasell Industries - Univar - MEGlobal - Safety-Kleen Systems, Inc. - Miles Chemical Company - Penta Manufacturing Company - H.B. Fuller - Vetoquinol USA - Indorama Ventures Public Company Limited - Force Chem Technologies - ORG Chem Group LLC - Sequoia Global, Inc. - Inland Technologies - Vinmar International - End-Use Landscape - Radco Industries, Inc. - Houghton Chemical Corporation - Pacific Fluids, LLC - Silver Fern Chemical, Inc. - Recochem, Inc. - Dynalene, Inc. - Thermal Fluids, Inc - Castrol - EET Corporation - Kost USA, Inc. - Ford Motor Company - Prestone Products Corporation - ExxonMobil - Amsoil, Inc. - Lytron, Inc. - Warren Oil Company, Inc. - DAK Americas LLC - Coolants Plus, Inc. - 10. Glycol Recyclers- Landscape - Clear Choice Antifreeze - Antifreeze Recycling, Inc. - Veolia North America, LLC - Jebro, Inc. - Solvents & Petroleum Service, Inc. - MidStates Oil Refining Co., LLC. - First Brands Corporation - Spirit Services, Inc. - Service benchmarking - Clean Green Environmental Services - Products benchmarking - Recyctec Holding AB For more information about this report visit http://www.researchandmarkets.com/research/d7fl64/glycols_market Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-glycols-market-analysis-by-product-by-application-by-region-and-segment-forecasts-2014---2025---research-and-markets-300453307.html


News Article | September 21, 2017
Site: www.prnewswire.com

"Brazil has agriculture and agro-food exports of more than $89 billion USD and a domestic market that serves nearly 210 million people. This acquisition expands Univar's agriculture business in one of the world's fastest-growing agricultural markets," said Steve Newlin, Univar's chairman and chief executive officer. "In addition, Tagma's formulation and packaging capabilities will enhance the value proposition for several of our key global supplier partners, and Tagma's strong culture of safety, integrity and quality will be an excellent complement to Univar's already robust agricultural business in North America." In Brazil, Tagma is a leading provider of custom formulation and packaging services for crop protection chemicals that include herbicides, insecticides, fungicides and surfactants. Tagma formulates more than 200 registered crop protection products and provides conception and preparation of new formulations; adaption of existing formulations; and technical assistance with processing and regulatory requirements. "Joining Univar positions us well to be a more valuable, more relevant partner to existing and future global customers who are looking for supply chain solutions, and I am confident this will create opportunities and growth for our current employees," stated José Carlos Leite, president of Tagma. "Tagma allows us to more holistically serve customers in an agriculture market that is increasingly turning toward crop yield protection and biological add-ons," added Mike Hildebrand, Univar's president of Canada, Agriculture and Environmental Sciences. "We welcome this opportunity to expand Univar Brasil's formulation and packaging capacity, which will allow us to serve our customers with increased capabilities and provide our suppliers with expanded market reach." About Univar Founded in 1924, Univar (NYSE: UNVR) is a global chemical and ingredient distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America. Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world. For more information, visit www.univar.com. About Tagma Founded in 2000, Tagma is a leading provider of custom formulation and packaging services for crop protection chemicals in Brazil that include herbicides, insecticides, fungicides and surfactants. Locally serving leading global customers, the company creates value through its reliable quality and technical expertise in the development of formulations that allow the Brazilian agriculture market to meet regulatory and consumer requirements. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act 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 our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events 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," "comfortable with," "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 we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.


News Article | September 19, 2017
Site: www.prnewswire.com

WINNIPEG, Sept. 19, 2017 /PRNewswire/ - Farm At Hand announced today that it is launching – Farm At Hand Agronomy – a web and iOS platform for Agronomists that will allow for easier collaboration with farmers on planning and scouting. The platform is being launched in partnership with...


Grant
Agency: European Commission | Branch: FP7 | Program: BSG-SME | Phase: SME-2012-1 | Award Amount: 1.26M | Year: 2012

Plastics tanks are normally designed for a finite life, usually between 15 and 25 years. However, due to economic pressure many of these tanks are still in operation beyond their design life, often with little or no engineering justification. It is also not uncommon for plastics tanks to be used for storing chemicals that they were not designed to contain. For these reasons it is important that operators of plastics tanks and vessels inspect them throughout their life. An issue at hand is that there are currently no standards for the in-service inspection of plastics tanks. There is also very limited expertise available on the visual examination of these tanks and virtually no use of non-destructive examination (NDE). Internal inspections are carried out less frequently, if at all, because they are expensive, potentially dangerous to the inspector, and result in a shut-down because the tank has to be emptied. The project will determine the potential failure mechanisms in plastics tanks and storage vessels, and develop ultrasonic NDE procedures, techniques and systems to identify these. An important aim of the project will be to develop an inspection system that is site-rugged and simple to operate. Welded joints representative of those used to fabricate plastics tanks and vessels will be manufactured containing known flaws. These will be inspected and the NDE data analysed to determine the limits of flaw detection. In parallel, the significance of flaw size and quantity will be established in relation to service requirements. This will be achieved by long-term mechanical testing of joints containing known flaws, and comparison with results for welds containing no flaws. The prototype equipment, designed and built for this project, will be assessed under both laboratory and field conditions, and the inspection procedures developed will be submitted to the European Committee for Standardization as the basis for producing a European standard for plastic tank inspection.

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