June 26, 2018 - 4:30 PM EDT
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Univar Extends Agreement to Distribute Castrol Oil Company's Industrial Lubricants and Greases

LONDON, June 26, 2018 /PRNewswire/ -- Univar Inc. (NYSE: UNVR) ("Univar"), a global chemical and ingredient distributor and provider of value-added services, announced today that its wholly owned subsidiary, Univar Specialty Consumables Ltd., has extended its agreement with the Castrol Oil Company ("Castrol") to distribute its range of industrial lubricants and greases.  Castrol is a world-leading manufacturer of premium lubricating oils, greases and related services to automotive, marine, industrial, aviation, oil exploration and production to customers across the world.

Univar, logo. (PRNewsFoto/Univar) (PRNewsfoto/Univar Inc.)

"Combining Castrol's excellent portfolio with our sales team's technical expertise enables us to provide a comprehensive suite of machinery solutions to our customers," said Mark Mongan, sales manager of Univar's specialty consumables.  "These products will help reduce service intervals and, in turn, reduce service costs.  The collaboration expands Univar's reach into new markets and bolsters our product portfolio with one of the biggest brands in the lubricant space."

Castrol is at the forefront of pioneering technology with its seven global research and development centers, all focused on the innovation and testing of many new products every year.  The oil company works closely with leading industry manufacturers to supply a broad range of lubricants designed for specific operating conditions and environments.  This means customers can select the right lubricant for the right application, which helps deliver consistent performance at an affordable price.

Univar is one of the largest chemical distributors in the world.  Its Univar Specialty Consumables (USC) business supplies high-quality consumable solutions from a carefully selected band of industry-leading manufacturers.

Part of Univar's value-added services include an oil-condition monitoring test, so customers can assess if an alternative machine lubricant will improve performance and longevity for the application.  Univar's technical expertise and experience help ensure that customers not only receive the best products, but also the technical advice and support needed to guarantee their production lines run smoothly.

"By teaming up with Univar, Castrol customers can consolidate their lubricants and other consumables into a single source," said Mark Scarisbrick, distributor business manager for Castrol Oil. "This means consistent, high-quality service and support across multiple categories."

About Univar Inc.
Founded in 1924, Univar (NYSE: UNVR) is a global chemical and ingredient distributor and provider of value-added services, working with leading suppliers worldwide. Supported by a comprehensive team of sales and technical professionals with deep specialty and market expertise, Univar operates hundreds of distribution facilities throughout North America, Western Europe, Asia-Pacific and Latin America. Univar delivers tailored customer solutions through a broad product and services portfolio sustained by one of the most extensive industry distribution networks in the world.  For more information, visit Univar.com. Follow us on Twitter at twitter.com/univar and like us on Facebook at facebook.com/Univar/.

About Castrol
Castrol, one of the world's leading lubricant brands, has a proud heritage of innovation and fuelling the dreams of pioneers.  With a passion for performance, combined with a philosophy of working in partnership, has enabled Castrol to develop lubricants and greases that have been at the heart of numerous technological feats on land, air, sea and space for over 100 years.  As part of the BP group, Castrol serves customers and consumers in the automotive, industrial, and marine and energy sectors.  Their branded products are recognized globally for innovation and high performance through commitment to premium quality and cutting-edge technology.  For more information, visit Castrol.com.  Follow Castrol on Twitter at twitter.com/Castrol and like them on Facebook at facebook.com/castrol/.  To learn more about the latest distribution products, please visit Castrol.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control.  We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release.  In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek," "comfortable with," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology.  Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

 

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SOURCE Univar Inc.


Source: PR Newswire (June 26, 2018 - 4:30 PM EDT)

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