Univar acquires chemical distributor Valley Solvents & Chemicals
Supply Chain

Univar acquires chemical distributor Valley Solvents & Chemicals

Acquisition strengthens the company's local chemical distribution and custom blending capabilities and waste management services

  • By ICN Bureau | March 03, 2024

Univar Solutions, a leading global solutions provider to users of specialty ingredients and chemicals, announced the acquisition of Valley Solvents & Chemicals Company and certain of its affiliates (Valley Solvents), a long-time distributor of solvents and inorganics and provider of waste management services in the Texas and Gulf Coast region.

The acquisition expands the company's local chemical distribution network and valued-added services across its Chemical Distribution division, while strengthening environmental services capabilities for its ChemCare business under its Services division.

Valley Solvents is a key regional chemical distributor that has served the Texas and Gulf Coast region for over 72 years with a full range of chemical products and services, from delivery to disposal.

"We are committed to increasing our solvents and inorganics footprint to help our suppliers and customers grow their businesses," said President and CEO David Jukes. "The acquisition of Valley Solvents allows us to strengthen our North America Chemical Distribution division and enhance our environmental services capabilities in a growing market. With the integration of Valley Solvents' operations, we believe we are well positioned to capitalize on opportunities with their strong local packaged business as well as in Energy and Industrial markets that have proven resilient throughout market cycles."

Jim Holcomb, Divisional President of Chemical Distribution for Univar Solutions, added: "The Valley Solvents' team brings new customers and deep market expertise to the Univar Solutions platform. I'm excited to find new ways to bring greater individualized support and value-added products, such as custom solvent blending, to our customers in an increasingly critical area of North America." 

"Valley Solvents' waste management services are a natural fit with our existing environmental programs and services offered through our ChemCare business, which support customers' ability to achieve their sustainability objectives," said Nick Alexos, Chief Financial Officer and Divisional President of Services for Univar Solutions. "Our focus on customer needs is an important part of our longstanding Growing Together strategy to be easy to do business with, as well as to optimize customer relationships and service."

"I am so proud of the business our team has helped build over many decades, and we are excited to have found a partner in Univar Solutions that shares many of our values and aspirations. Becoming part of the largest chemical distributor in the United States is an exciting moment for the company and helps ensure continued success and innovation for our customers, suppliers, and employees," said Bill Davis, President of Valley Solvents.

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization