by: Mark Wilcox – Click here for article on Wyoming Business Report – September 3, 2014
The largest chemical distribution company in North America is leveraging the energy boom hitting southeast Wyoming and northern Colorado to add a new 24,000-square-foot facility to its roster in Cheyenne.
The facility will feature a bulk tank farm with rail access to store, blend, package and distribute chemicals for the oil and gas industry. Further construction should be complete by early 2015 to add more warehouse capacity.
The facility will relieve capacity constraints on other Univar facilities in the area, namely Denver. The expansion into Cheyenne was designed to capitalize on the growth of oil and gas activity in the region. This is not a unique strategy for the company, which in June also opened its second facility to service the booming Williston Basin in North Dakota.
The Cheyenne facility will host a grand opening next week that will draw in local dignitaries like Cheyenne Mayor Rick Kaysen and other county and city commissioners. The new facility currently employs six people in the build-up phase and will hire seven more by early 2015 when the warehousing capacity addition is finished.
Components for hydraulic fracturing are just one arm of the massive chemical company and the Cheyenne facility will concentrate on oil and gas needs in Wyoming and Northern Colorado. Univar also offers chemistry services as well as “polymers and coatings, personal care and food nutrition for food products.”
Univar represents more than 3,500 chemical producers and has a customer base of 115,000. In 2012, the company had sales of $10.3 billion.