Based in Downers Grove, IL, Univar Solutions Inc. is a global distributor of chemical and ingredients and specialty services provider. The company purchases chemicals from several global chemical producers and dilute, blend, repackage, warehouse, transport and markets them to customers across the globe.
Univar’s specialized services include chemical wastes removal and ancillary services, e-marketing or digital promotion of chemicals for its producers, on-site storage of chemicals for its customers, support services for pest control and agricultural industries. The company generated revenues of $8,265 million in 2020, up 11% year over year.
Univar operates through four key geographical segments – USA, Canada, EMEA (Europe, the Middle East and Africa) and LATAM (Latin America).
The USA division (61% of 2020 sales) supplies a broad range of specialty and commodity chemicals and ingredients along with specialized services to a wide array of end-markets in the United States. Its in-depth product knowledge, end-market expertise along with close proximity to customers acts as competitive advantage.
The Canadian segment (13%) is regionally focused and has a highly skilled workforce offering commodity and specialty chemicals and ingredients to local customers. The company has dedicated expertise and resources serving the agricultural end market.
In the EMEA segment (21%), it has a strong presence in Continental Europe and in the United Kingdom with sales offices located in 20 countries. The company also has five sales offices in Africa and the Middle East. It leverages logistics, shared or centralized information technology, raw material procurement to gain from cost efficiency and economies of scale.
For the Rest of World segment (5%), Univar has sales offices and distribution sites located in Brazil, Mexico and the Asia-Pacific region. Effective 2019, the company has renamed the segment “LATAM” that includes certain developing businesses in Latin America and the Asia-Pacific region.
Univar, on Mar 1, 2019, completed the purchase of Nexeo Solutions, creating a leading global chemical and ingredients solutions provider. The integrated company will conduct business as Univar Solutions.