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Stepan completes deal

6:28 AM MDT | June 7, 2013

Stepan says it has completed the previously announced purchase of the North American polyester resins business from Bayer MaterialScience for an undisclosed amount. The acquired business has annual sales of about $64 million. The deal includes a production facility at Columbus, GA, and should be “slightly accretive” to 2013 earnings, Stepan...

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