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Stepan Buys Two Arkema Units

12:16 PM MST | December 22, 2008 | Chemical Week Editorial Staff

Stepan has agreed to acquire the quaternary esters and phosphoric esters businesses of Ceca, an Arkema subsidiary. Quaternary esters are used in the production of textile softener and phosphoric esters are used as synthesis intermediates in a range of industrial applications. The two businesses have combined sales of €8 million/year ($11 million). Stepan says it is the European market leader in quaternary esters for textile...

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