AgroPages-Stepan Completes Acquisition of Surfactant Business and Sulfate Production Equipment in Mexico from Clariant-Agricultural news

Stepan Company (NYSE: SCL) recently reported that, through subsidiaries in Mexico, it 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. Financial terms of the transaction were not disclosed.

"This acquisition supports Stepan's growth strategy in Latin America and enhances our ability to support our customers' growth in the Mexican Consumer and Functional markets for surfactants," said F. Quinn Stepan, Jr., Chairman, President and Chief Executive Officer of Stepan. "We look forward to transitioning customers' supply to Stepan's Ecatepec and Matamoros Mexico facilities over the coming months."

Subscribe Email:		*
Name:
Mobile Number:

Call for papers - BioEx 2025Event

2024 India Focus published!Magazine

Call for Papers— 5th Ag Formulation & Application Technology Congress(FAT 2024) Event

Stepan Completes Acquisition of Surfactant Business and Sulfate Production Equipment in Mexico from Clariant

Stepan Company
United States
Follow

Clariant International Ltd
Switzerland
Follow

More from AgroNewsChange

Magazine

Hot Topic More

NEWSLETTER