Univar Acquires Key Chemical, Inc.
DOWNERS GROVE, Ill. and WAXHAW, N.C. - Univar USA Inc., a leading distributor of basic chemicals, specialty products, and related chemistry services, announced today it has acquired all of the outstanding stock of Key Chemical, Inc., one of the largest suppliers of hydrofluosilicic acid (fluoride) in the U.S. Key Chemical also supplies other chemistries to the municipal water, industrial, and oil and gas markets. The acquired business will be combined with Univar USA's operations.
"Key Chemical helps strengthen Univar's leading position in the municipal water treatment market by adding fluoride to our offering to customers," said Univar President and Chief Executive Officer Erik Fyrwald. "Fluoride is an important part of water chemistry as it is proven effective and safe in preventing tooth decay, and we are thrilled to build on Key's strong capabilities and offer their tailored fluoride products to our municipal water treatment customers in the U.S."
Founded in 2002, Key Chemical specializes in blends of hydrofluosilicic acid that are UL certified to meet NSF/ANSI Standard 60 for use in water treatment fluoridation. Through a secondary storage facility, the company also has the ability to store up to 500,000 gallons of inventory, providing security of supply for its regional customer base. The company has headquarters in Waxhaw, N.C.
"We are excited for the opportunity to join a global leader, and are confident that through the combination of our organizations we will be in even better position to offer new potential not only for our customers, but also our suppliers and employees," said Steve Norris, President and CEO, Key Chemical, Inc.
About Univar Inc.
Founded in 1924, Univar is a leading global distributor of specialty and basic chemicals from a global network of premier suppliers. Univar operates one of the most extensive distribution networks in the world with more than 700 distribution facilities throughout North America, Europe, the Asia-Pacific region, and Latin America, supported by a global network of sales and technical professionals. With a broad portfolio of products and innovative services, and deep technical and market expertise, Univar delivers the tailored solutions customers need through one of the most extensive distribution networks in the world. Univar is Chemistry Delivered(SM). For more information, visit www.univar.com.
SOURCE Univar
CONTACT: Media (Univar), Scott Johnson, Director, Marketing and Corporate Communications, (O) +1 331-777-6187, (M) +1 630-207-2196, scott.johnson@univarusa.com
Web Site: http://www.univarcorp.com
