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Maritime Industry Briefing: Univar Solutions Expands Offerings, COC Properties Rebrands

By MGN EditorialFebruary 18, 2026 at 09:31 PM

A roundup of recent news in the maritime industry, including a strategic partnership for Univar Solutions and a rebranding for COC Properties.

## Univar Solutions Expands Ingredient Portfolio with Exclusive EMEA Distribution Deal for Glycolic Acid Univar Solutions B.V., a leading global specialty chemicals and ingredients distributor, has announced an exclusive distribution agreement for glycolic acid in the Europe, Middle East, and Africa (EMEA) region. This strategic partnership will improve access to key ingredients and drive innovation in the beauty, personal care, home care, and industrial cleaning sectors, according to the company's press release. 'This agreement strengthens our position as a leading specialty chemicals and ingredients distributor in the EMEA region,' said Nick Powell, President of Univar Solutions EMEA and Global Consumer Solutions. 'Glycolic acid is an important and versatile ingredient, and we're excited to offer our customers enhanced access and support as they develop innovative new products.' ## COC Properties Rebrands as GenWorks Group, Affirming Commitment to Cary Oil COC Properties, Inc., a North Carolina-based company, has announced that it will operate under a new name - GenWorks Group, Inc. This rebrand marks a new chapter for the Stephenson family's enterprise while reaffirming its longstanding commitment to Cary Oil, the family-founded business. 'The GenWorks Group name better reflects our diversified portfolio and growing capabilities, while honoring our family's legacy and continued focus on Cary Oil,' said David Stephenson, President of GenWorks Group. 'This is an exciting evolution that will allow us to build on our strengths and explore new opportunities to serve our customers and communities.' The Maritime Executive reports that the rebrand reinforces GenWorks Group's status as a family-owned business with deep roots in the regional energy and real estate sectors.
#distribution#chemicals#rebranding#family business#energy

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