The Urethane Blog

Univar Solutions Confirms End to Preliminary Discussions with Brenntag SE; Evaluating Other Indications of Interest


News provided by Univar Solutions Inc.

Jan 02, 2023, 20:45 ET


DOWNERS GROVE, Ill., Jan. 2, 2023 /PRNewswire/ — Univar Solutions Inc. (NYSE: UNVR) (“Univar” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, today confirmed that Brenntag SE has ended its discussions with the Company about a potential transaction. The Company and its Board of Directors are committed to acting in the best interest of its stockholders and will continue discussions relating to other indications of interest that have been received with respect to a potential transaction.

There can be no assurance that the ongoing process will result in any transaction. The Company does not intend to make any additional comments regarding this matter unless and until it is appropriate to do so.

About Univar Solutions

Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world’s leading producers. With the industry’s largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at www.univarsolutions.com.

https://www.prnewswire.com/news-releases/univar-solutions-confirms-end-to-preliminary-discussions-with-brenntag-se-evaluating-other-indications-of-interest-301712051.html

Univar Solutions Confirms End to Preliminary Discussions with Brenntag SE; Evaluating Other Indications of Interest


News provided by Univar Solutions Inc.

Jan 02, 2023, 20:45 ET


DOWNERS GROVE, Ill., Jan. 2, 2023 /PRNewswire/ — Univar Solutions Inc. (NYSE: UNVR) (“Univar” or “the Company”), a leading global solutions provider to users of specialty ingredients and chemicals, today confirmed that Brenntag SE has ended its discussions with the Company about a potential transaction. The Company and its Board of Directors are committed to acting in the best interest of its stockholders and will continue discussions relating to other indications of interest that have been received with respect to a potential transaction.

There can be no assurance that the ongoing process will result in any transaction. The Company does not intend to make any additional comments regarding this matter unless and until it is appropriate to do so.

About Univar Solutions

Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world’s leading producers. With the industry’s largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at www.univarsolutions.com.

https://www.prnewswire.com/news-releases/univar-solutions-confirms-end-to-preliminary-discussions-with-brenntag-se-evaluating-other-indications-of-interest-301712051.html

December 22, 2022

Wanhua Expansion

Wanhua Chemical Group: MDI equipment with annual output of 400,000 tons successfully operates

NBD

22, December, 2022,17:48 GMT+8

NBD AI Bulletin – Wanhua Chemical Group Co Ltd (SH 600309, close price: 91.57 yuan) on December 22 said that the MDI equipment of the company’s majority-owned subsidiary Wanhua Chemical (Fujian) Isocyanate Co Ltd, which has an annual output of 400,000 tons, on December 22, 2022 produced qualified products, achieving successful operation in the first attempt.

In the first half of 2022, the operating income of Wanhua Chemical Group came from chemical raw materials and chemical manufacturing (99%), other industries (0.71%).

Wanhua Chemical Group Co Ltd’s chairman is Liao Zengtai, male, 59 years old, with a master’s degree; The general manager is Kou Guangwu, male, 56 years old, with a master’s degree.

As of press time, the market value of Wanhua Chemical Group Co Ltd was 287.5 billion yuan.

http://www.nbdpress.com/articles/2022-12-22/44070.html

December 22, 2022

Wanhua Expansion

Wanhua Chemical Group: MDI equipment with annual output of 400,000 tons successfully operates

NBD

22, December, 2022,17:48 GMT+8

NBD AI Bulletin – Wanhua Chemical Group Co Ltd (SH 600309, close price: 91.57 yuan) on December 22 said that the MDI equipment of the company’s majority-owned subsidiary Wanhua Chemical (Fujian) Isocyanate Co Ltd, which has an annual output of 400,000 tons, on December 22, 2022 produced qualified products, achieving successful operation in the first attempt.

In the first half of 2022, the operating income of Wanhua Chemical Group came from chemical raw materials and chemical manufacturing (99%), other industries (0.71%).

Wanhua Chemical Group Co Ltd’s chairman is Liao Zengtai, male, 59 years old, with a master’s degree; The general manager is Kou Guangwu, male, 56 years old, with a master’s degree.

As of press time, the market value of Wanhua Chemical Group Co Ltd was 287.5 billion yuan.

http://www.nbdpress.com/articles/2022-12-22/44070.html

Falls 1c/lb to $0.305/lb