Sector News

Univar acquires Bodine Services of the Midwest

March 3, 2016
Chemical Value Chain

Univar Inc. announced today that its wholly-owned subsidiary, Univar USA Inc., has acquired all of the outstanding stock of Bodine Services of Decatur, Inc.; Bodine Environmental Services, Inc.; and affiliated entities, operating as Bodine Services of the Midwest, a regional provider of environmental and facilities maintenance services.

Founded in 1960, Bodine provides a comprehensive range of waste management and environmental consulting and contracting, plant maintenance, and other services throughout the Midwest. The company is headquartered in Decatur, Ill., and operates from five locations in Illinois, Iowa and Indiana.

“The acquisition of Bodine Services supports our vision of creating a leading national platform for Univar’s industrial and waste management services,” said Univar President and Chief Executive Officer Erik Fyrwald. “In addition to expanding our footprint with additional service centers in key geographic markets, Bodine has expertise that is critical to helping customers effectively manage compliance within their operations by preventing waste and environmental concerns.”

Bodine serves customers in both the public and private sectors with a full portfolio of services from project planning to 24/7 emergency services. The company operates a fleet of 200 licensed vehicles and has a trained staff of 200 employees, including trained and certified drivers and technicians, and registered professional engineers. Univar plans to integrate the Bodine business with its ChemCareSM waste management service.

“For more than 50 years, our family and dedicated employees have tirelessly worked to build a business and a brand that represents quality service in the market,” said Jack Bodine, Chief Executive Officer of Bodine Services. “When we looked ahead to the future for our company, it was clear that Univar was in the best position to provide new opportunities to our customers and employees, as well as carry forward our Bodine commitment to service, safety, and professionalism.”

Source: Univar Inc.

comments closed

Related News

May 21, 2022

Sika opens new manufacturing plant in Bolivia 

Chemical Value Chain

Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.

May 21, 2022

Chevron increases renewable fuel market share with REG acquisition

Chemical Value Chain

Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.

May 21, 2022

Lotte Chemical to invest $8 bn on hydrogen energy, battery materials by 2030

Chemical Value Chain

Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.