STEPAN COMPANY (NYSE:SCL) Files An 8-K Other Events
Item 8.01.Other Events
On June 13, 2017, Stepan Company issued a press release
announcing it has reached an agreement with BASF Mexicana, S.A.
DE C.V. to acquire its surfactant production facility in
Ecatepec, Mexico and a portion of its associated surfactants
business.A copy of the press release is attached as Exhibit 99.1
hereto and incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits
Exhibit Number: 99.1
Description: Press Release of Stepan Company dated June 13, 2017
About STEPAN COMPANY (NYSE:SCL)
Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. The Company has three segments: Surfactants, Polymers and Specialty Products. The Company’s Surfactants segment offers products, which are principal ingredients in consumer and industrial cleaning products, such as detergents for washing clothes, dishes, carpets, floors and walls, as well as shampoos and body washes. The Company’s Polymers segment includes polyurethane polyols, polyester resins and phthalic anhydride. The Company’s Specialty Products segment includes flavors, emulsifiers and solubilizers used in food, flavoring, nutritional supplement and pharmaceutical applications. Its markets include manufacturers of cleaning and washing compounds, paints, cosmetics, food, beverages, nutritional supplements, agricultural products, plastics, furniture, automotive equipment, insulation and refrigeration.