ANGUS Chemical Company and Univar USA Inc. announced that they have entered into a new distribution agreement
OREANDA-NEWS. ANGUS Chemical Company and Univar USA Inc. ("Univar USA"), a wholly-owned subsidiary of Univar Inc. (NYSE: UNVR) ("Univar"), announced today that they have entered into a new distribution agreement, effective July 1, 2016. Under the agreement, Univar will distribute ANGUS' complete line of nitroalkanes and specialty additive products sold into a number of U.S. markets, including paint and coatings; personal care; adhesives and sealants; household, industrial and institutional cleaning; inks; rubber; oil and gas; and water treatment.
"This agreement is an important part of our business strategy to drive growth and streamline our channel to market. By leveraging Univar's extensive logistics network and deep industry expertise, we will be able to serve our customers faster and more efficiently nationwide," said Mike Lewis, business vice president at ANGUS. "Today we are working closely to ensure a smooth transition and continuation of supply and support from ANGUS."
ANGUS is the world's only company dedicated to nitroalkanes and their derivatives, and has been involved in the continuous development and customization of these essential chemistries for nearly 80 years. The ANGUS product portfolio includes AMP-95®—a powerful, multifunctional, low-VOC (volatile organic compound) specialty chemical that is widely used in paint formulations, metalworking fluids and personal care products—and TRIS AMINO® ULTRA PC, a high-purity, broadly compliant tromethamine for use in cosmetic and personal care formulations, especially skin and sun care.
Univar will become the sole distributor for ANGUS products sold to the markets covered under the agreement following a de-stocking and transition period with ANGUS' incumbent U.S. distributors. Markets not covered under the agreement, such as metalworking fluids and life sciences, will continue to be serviced by ANGUS and their existing channel partners.
"We are thrilled to build upon our existing relationship with ANGUS in Canada to now encompass several of Univar's focused end markets in the U.S.," said Greg Vas Nunes, president, Specialty Products and Services, Univar USA. "The addition of the well-branded ANGUS specialty products to our portfolio further enhances our ability to provide manufacturers with one-stop access to versatile chemistries supported by the expertise required to solve today's formulation challenges across a wide variety of industries and applications."
About ANGUS Chemical Company
ANGUS Chemical Company ("ANGUS") is a specialty and fine chemical company dedicated to the development of novel chemistry that helps customers deliver enhanced product and process performance. ANGUS is committed to constantly improving products and services by mastering science and technology. The company innovates through its unique nitroalkane chemistry, which harbors the reactivity to create complex molecules for use in a wide variety of applications. The innate characteristics of this chemistry enable multifunctional additives which improve performance, reduce reaction steps and cut synthesis costs.
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