Univar Solutions and Climax Molybdenum Company Strengthen Lubricants Partnership with Exclusive Distribution Agreement into the Latin American Market

The expanded agreement builds on the existing strategic alliance between the companies in the United States and establishes Univar Solutions as Climax's primary distributor for noncontract Molysulfide® customers in the Americas

DOWNERS GROVE, Ill., Aug. 17, 2023 /PRNewswire/ -- Univar Solutions Inc. ("Univar Solutions" or "the Company"), a leading global solutions provider to users of specialty ingredients and chemicals, and Climax Molybdenum Company, the world's largest producer of molybdenum and molybdenum-based chemicals, today announced a geo-expansion of the companies' existing partnership for molybdenum products, including Molysulfide® used in greases and coatings applications.

"As a leading global distributor of specialty chemicals, we recognize the growing worldwide demand for high quality molybdenum products. Building upon our existing relationship and collaboration with Climax, expanding into new regions is a high priority as it expands our product offering and allows us to provide Climax's noncontract lubricants customers in the United States and Latin America reliable access to these key elements and chemistries," said Federico Montaner, global vice president of lubricants & metalworking fluids for Univar Solutions. "We look forward to continuing to work together to meet and exceed the highest standards for quality and dependable supply sourcing which our valued customers have come to expect and deserve."

Molysulfide® is a lubricant grade molybdenum disulfide (MoS₂) and is available in three grades: Technical, Technical Fine, and Super Fine. Molybdenum complexes are soluble in petroleum oils and other organic solvents, increase load carrying capacity, and are increasingly used as anti-wear and extreme pressure additives, as well as friction reducing modifiers, in lubricating oils, specialized lubricating greases, and coatings. The additives form films on metal surfaces to protect against wear after base lubricants are removed by heat, pressure or motion, and are used in applications such as automotive chassis greases and tool joint compounds.

"As the only fully integrated domestic (U.S.) producer of molybdenum, Climax's global operations and local customer care provide our worldwide partners with the most reliable supply and highest quality molybdenum products," said Michael Kendrick, President-Climax Molybdenum Co. "We have developed a Responsible Care® Policy as part of our commitment to the Principles of Responsible Care® and to product and process safety, environmental stewardship, health, and security at our global operations. We're excited to expand our relationship with Univar Solutions, a company likewise committed to helping our mutual customers develop and bring forward more sustainable solutions now and into the future."

Univar Solutions' expansive portfolio contains quality chemistries that are used in the creation of metalworking fluid and coolant products such as base stocks and performance-enhancing additives sourced from the most reputable industry suppliers. No other chemical and ingredients distributor can match our breadth and depth of knowledge, premier product portfolio, experience, and reach. Whether operating on a global or regional level, Univar Solutions can consistently provide suppliers and customers with the latest comprehensive technical, regulatory, market trend, and sourcing support in lubricants and metalworking fluids.

For more information about Univar Solutions' lubricants and metalworking fluids business, visit univarsolutions.com/industries/lubricants-metalworking.

About Univar Solutions 

Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.

About Climax Molybdenum Company

Climax Molybdenum Company is a subsidiary of Freeport-McMoRan and manufactures and markets molybdenum, rhenium, and other metal-based products. Founded in 1916, our global operations include both primary and byproduct molybdenum mines, which process the minerals into products used extensively by the steel, oil, chemical, automotive, aerospace, construction, and electronics industries. We leverage our distinctive metal-based production and process capabilities to offer specialty products that add value to our customers, are environmentally safe, and improve the quality of life of end users. We concentrate our sales in geographic markets with growing segments where our marketing and manufacturing expertise brings additional competitive advantages and value.

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SOURCE Univar Solutions Inc.