“As we continue to grow our ingredients and specialty businesses in Latin America, it’s essential that we partner with world-class suppliers who are also committed to helping meet customers’ product performance needs while keeping sustainability at the forefront. Adding Cabot’s specialty carbon black products to our extensive product portfolio allows us to better serve those looking to innovate, grow and differentiate their business,” said Jorge Buckup, president of Latin America for Univar Solutions.
Cabot’s specialty carbon black products are used for multiple applications in the automotive market, including helping to improve the efficiency, durability, performance and life of hybrid and electric vehicle batteries. In addition to batteries, the versatility of carbon black products makes them well suited for other specialist applications such as plastics, consumer electronics and industrial parts, delivering value through a range of features including color, ultraviolet (UV) protection, surface smoothness and conductivity. .
“We are delighted with our collaboration with Cabot in Brazilwhich further expands a relationship with a key supplier and enriches our product offering to our customer base,” said Chris Fitzgerald, Global Vice President, CASE, Rubber and Plastic Additives for Univar Solutions. “We are confident that our customers will benefit from our continued focus on the plastic compounding and battery markets, backed by strong local and technical support and commercial excellence.”
Bill Masterson, Vice President and Regional Business Manager, Performance Additives, Cabot Corporation, added, “This partnership with Univar Solutions will allow more customers in Brazil to access product development, technical support and Cabot’s manufacturing experience in specialty carbon black materials for a variety of expanding our distribution agreement with Univar Solutions will help us meet growing demand for our specialty carbon black products while providing customers innovative products and expertise to improve the performance of their end-use applications.
For more information on Univar Solutions’ portfolio of coatings, adhesives, sealants and elastomers ingredients, including technical support and innovation, visit univarsolutions.com/CASE.
About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global distributor of specialty chemicals and ingredients representing a premier 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.
About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading supplier of carbon black, specialty carbons, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed silica and airgel. For more information about Cabot, please visit the company’s website at cabotcorp.com.
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 such 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; pending 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.
SOURCEUnivar Solutions Inc.