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Univar Announces Exclusive Distribution Agreement with Penford for New Biobased Deposition and Conditioning Polymer for Hair and Skin Products

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12/11/2014

DOWNERS GROVE, Ill., – December 11, 2014 – Univar USA Inc., a leading global chemical distributor of industrial and specialized personal care ingredients, announced it has reached an agreement with Penford Products Co. to become the exclusive commercial distributor of PenCare™ DP cationic polymer. This novel personal care ingredient will be introduced by Penford at the Society of Cosmetic Chemists (SCC) Scientific Meeting and Technology Showcase taking place Dec. 11 - 12 in New York City.

PenCare DP is a proprietary, naturally based cationic polymer with optimal deposition and enhanced conditioning properties to leave hair and skin soft and smooth. PenCare DP cationic polymer offers a number of benefits and advantages for formulators in developing the latest rinse-off and leave-on products for Hair and Skin Care. The addition of novel technologies like PenCare DP to its comprehensive portfolio of personal care ingredients enables Univar to provide customers access to a broad range of effective technologies and formulation solutions that drive the development of innovative products that effectively meet consumer and market demands.

“Penford is delighted to have Univar as a strategic partner and we are looking forward to working together to introduce PenCare ingredients to the personal care industry,” said Greg Keenan, Penford’s Vice President and Director of Business Development. “Univar’s expertise, experience and leadership position in the personal care industry directly support Penford’s commitment to providing innovative, naturally based ingredients that exceed customers' expectations for performance and sustainability.”

“Univar’s exclusive distributorship with Penford complements our current product portfolio and strategic supplier base that enables us to deliver complete personal care solutions, products and technologies to our customers,” said Kelly Gilroy, Senior Industry Director, Univar Personal Care. “We are looking forward to further developing our partnership with Penford as a recognized leader in biopolymer innovation and applications development.”

Univar’s personal care solutions offer a comprehensive, global perspective on market trends, formulations and best-in-class distribution alternatives. Univar connects our customers with the products, technologies and information they need to be successful in their market space.

About Univar

Founded in 1924, Univar is a leading global chemical distributor of industrial and specialty chemicals and related chemistry services. Univar sources from over 8,800 producers worldwide and provides its customer base, made up of 133,000 customers, with a full portfolio of specialty products. Univar operates a network of over 700 distribution facilities throughout North America, Europe, the Asia-Pacific region, and Latin America, with additional sales offices located in Eastern Europe, the Middle East, and Africa.For more information, visit www.univar.com.

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About Penford Corporation

Penford Corporation develops, manufactures and markets specialty ingredient systems for a variety of food and industrial products. Penford operates six manufacturing facilities and three research and development centers in the United States. Penford Products, a division of Penford Corporation (NASDAQ:PENX), is a recognized leader in bioproduct innovation and applications development since 1895. Leveraging decades of success in the food, paper and chemical sectors, Penford provides naturally based, high-performance ingredients that exceed customers’ expectations for performance and sustainability. Penford Products’ biobased ingredients are used in a variety of industries including paper and packaging, construction, oil and gas, and personal care. For more information on Penford Products and PenCare DP, visit www.penford.com.


Media Contact (Univar)
Scott Johnson
Director, Marketing and Communications
(O) +1 331-777-6187
(M) +1 630-207-2196
scott.johnson@univarusa.com

Media Contact (Penford)
Lauren Smith
(608) 256-6357
lsmith@hiebing.com

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Univar Inc.
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