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Stepan Completes Acquisition of Surfactant Business and Sulfate Production Equipment in Mexico from Clariant
Monday 21 September 2020

US-based surfactants producer Stepan Company (NYSE: SCL) has closed on an agreement with Clariant (Mexico) S.A. de C.V. to acquire Clariant's anionic surfactant business and associated sulfation equipment located in Santa Clara, Mexico, the company said.

Financial terms of the transaction were not disclosed.

Stepan company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries.

Stepan is a merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions.

The company is also a supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.

Headquartered in Northfield, Illinois, Stepan utilises a network of production facilities located in North and South America, Europe and Asia.
Date Published: 21/09/2020