NORTHBROOK, Ill., June 9, 2025 /PRNewswire/ -- Stepan Company (NYSE: SCL) announced today the appointment of Corning Painter as a Director of Stepan, effective immediately.Mr. Painter currently serves as Chief Executive Officer of Orion S.A., a global chemical manufacturer, a role he has held since September of 2018. Prior to joining Orion, Mr. Painter was an Executive Vice President for Industrial Gases at Air Products and Chemicals, an industrial gas company, which Mr. Painter joined in 1984. Mr. Painter ...

Core Viewpoint - Stepan Company has announced the sale of its manufacturing assets in the Philippines to Masurf, Inc., aligning with its strategy to focus on core growth areas and maintain service to its customer base in Southeast Asia [1][2]. Group 1: Transaction Details - The manufacturing assets located in Bauan, Batangas, Philippines will be sold to Masurf, a subsidiary of Musim Mas Holdings Pte. Ltd. [1] - A tolling agreement will be established between Stepan Philippines Quaternaries, Inc. (SPQI) and Masurf to continue serving customers post-transaction [2]. - The terms of the transaction have not been disclosed, and it is subject to normal closing conditions [2]. Group 2: Company Profile - Stepan Company is a major manufacturer of specialty and intermediate chemicals, particularly known for its surfactants used in cleaning, disinfection, and agricultural solutions [3]. - The company also supplies polyurethane polyols for the thermal insulation market and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries [3]. - Headquartered in Northbrook, Illinois, Stepan operates a network of modern production facilities across North and South America, Europe, and Asia [4].

NORTHBROOK, Ill., April 29, 2025 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported: | | | Three Months Ended | | | | --- | --- | --- | --- | --- | | | March 31, | | | | | ($ in thousands, except per share data) | 2025 | 2024 | % | | | | | | Change | | | Net Sales | $593,255 | $551,418 | 8 | % | | Operating Income | $28,288 | $20,169 | 40 | % | | Net Income | $19,711 | $13,893 | 42 | % | | Earnings per Diluted Share | $0.86 | $0.61 | 41 | % | | Adjusted Net Income * | $19,310 | $14,656 | 32 | % | | A ...