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July 22, 2015
Stepan Wednesday reported second quarter net income down 31% year-on-year (YOY), to $16.9 million, or $1.67/share, on net sales down 10%, to $452.4 million. Adjusted net income totaled...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-falls-short-of-estimates-on-currency-impacts_72367.html
July 9, 2015
Stepan has signed a long-term supply agreement to supply Sun Products’ anionic surfactant requirements for laundry detergents in North America. The supply agreement is expected...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-signs-long-term-surfactant-supply-deal-with-Sun_72064.html
June 4, 2015
Omnova Solutions (Beachwood, OH) has acquired New Fluid Solutions (Houston), a producer of oil and gas drilling fluid additives and other products for $5 million, plus up to $2 million more over the next two years depending on performance. The transaction includes New Fluid Solutions' full line of drilling fluid additives and a blending facility, warehouse and quality assurance/control laboratory in Stafford, TX....
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Omnova-acquires-oilfield-chemicals-maker_71018.html
April 28, 2015
Croda International says it has broken ground on a £120m ($170 million) plant at its New Castle, DE facility that will be designed to produce non-ionic surfactants from renewable...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Croda-breaks-ground-on-Delaware-surfactants-plant_69905.html
April 28, 2015
Stepan (Northfield, IL) reports net income of $21.3 million, up 63% year-on-year (YOY) from $13.0 million. Sales declined 3.5% YOY to $460.5 million. Earnings of 93 cts/share blew past the analysts’ consensus estimate of 57 cts/share. The company attributes the strong results to actions taken in 2014 to improve product mix, reduce cost, and improve efficiency. Slightly higher volumes and margins offset the impact of a stronger US dollar....
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-income-up-63-percent-beats-estimates_69886.html
March 17, 2015
GlycoSurf (Tucson, AZ), a University of Arizona (UA) start-up, has finalized an exclusive license agreement for a new chemical synthesis technology that it says could replace...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/US-based-start-up-finalizes-licensing-agreement-for-biobased-surfactant-synthesis-technology_68636.html
February 18, 2015
Stepan today reported net income down 42% year-on-year (YOY), to $6.2 million, or 27 cts/share, on sales down 4%, to $454.2 million. Adjusted net income totaled $8.8 million, or 38...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-misses-estimates-on-weak-surfactants-results_67864.html
February 4, 2015
Attendees at the American Cleaning Institute’s annual convention in Orlando, FL this week say that the mood in the cleaning and home care sector is upbeat.  Turnout was the...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/ACI-2015-Upbeat-mood-for-home-care-sector_67339.html
October 22, 2014
Stepan today reported fiscal third quarter net income down 34% year-on-year (YOY), to $13.5 million, on sales up 3%, to $491.4 million. Adjusted net income declined 16% YOY, to $15.6...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-falls-short-of-estimates-on-weak-surfactants-results_64677.html
September 10, 2014
Solvay has inaugurated a specialty surfactants plant at the industrial park at Genthin, Germany, the company said today. The facility will help Solvay to meet customer requirements in...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Solvay-inaugurates-specialty-surfactants-plant-in-Germany_63702.html
July 28, 2014
Stepan announced on Friday that it is carrying out front-end engineering design for a $60–70-million chemical production facility in the industrial corridor of Ascension Parish...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-plans-surfactants-and-polymer-intermediates-plant-in-Louisiana_62730.html
July 23, 2014
Stepan today reported second-quarter net income up 7% year-on-year (YOY), to $24.4 million, on net sales up 6%, to $504.1 million. Excluding deferred compensation, earnings totaled 90...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-earnings-rise-but-fall-short-of-estimates_62665.html
July 15, 2014
Stepan says it has acquired a sulfonation production plant in Bahia, Brazil from Procter & Gamble (P&G), for an undisclosed sum. The plant, in the country’s northeast...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-acquires-Brazil-sulfonation-plant-from-P-and-G_62472.html
July 11, 2014
Surfachem Group (Leeds, UK), and Vitrine Química (Santo Andre, Brazil) have formed Surfachem Brasil (Guarulhos, Brazil), a joint venture for the distribution and supply of...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/UK-firm-establishes-distribution-and-supply-JV-in-Brazil_62415.html
April 29, 2014
Stepan today reported first-quarter earnings down 32% year-on-year, to $13 million, on sales up 5%, to $477 million. Excluding deferred compensation, adjusted earnings totaled $12.8...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-earnings-hit-hard-by-winter-weather_60665.html
March 25, 2014
Stepan announced yesterday that it has introduced a novel biobased surfactant developed jointly with Elevance Renewable Sciences, Inc. (Woodridge, IL) that is capable of replacing high...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-launches-surfactant-developed-jointly-with-Elevance_59812.html
February 26, 2014
DSM has entered into a collaboration with SyntheZyme (New York) to develop products based on the latter's biobased surfactant platform. As part of the collaboration, DSM will...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/DSM-signs-collaboration-with-US-biobased-surfactants-developer_59120.html
February 18, 2014
Stepan today reported net income down 30.5% year-on-year (YOY), to $10.7 million, on sales up 11%, to $474.3 million. Excluding restructuring and deferred compensation expenses, net...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Stepan-earnings-miss-estimates_58876.html
January 24, 2014
Elevance Renewable Sciences (Woodbridge, IL) says it has hired Robert (Bob) Kumpf as chief technology officer. Kumpf will focus on expanding Elevance's production and applications...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Elevance-hires-Kumpf-as-chief-technology-officer_58293.html
January 22, 2014
Codexis last month abandoned the development of biobased detergent alcohols, but LS9 is pushing ahead with its own program. The firm continues to develop plans for commercial-scale production in Brazil, and construction could begin this year, according to Gary Juncosa, executive v.p./chemicals at LS9....
http://www.chemweek.com/markets/specialty_chemicals/surfactants/LS9-moving-forward-on-Brazil-fatty-alcohols-project_58158.html
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