Welcome to our dedicated page for Stepan news (Ticker: SCL), a resource for investors and traders seeking the latest updates and insights on Stepan stock.
Stepan Company (SCL) provides specialty chemical solutions for consumer, industrial, and food applications through its global manufacturing network. This news hub offers investors and industry professionals direct access to verified corporate announcements and market developments.
Track official updates across all business segments including surfactants for cleaning products, polymer innovations for construction materials, and specialty ingredients for food processing. Our curated collection features earnings disclosures, operational expansions, sustainability initiatives, and leadership updates from this NYSE-listed chemical manufacturer.
Key resources include quarterly financial results, R&D breakthroughs in biodegradable formulations, and strategic partnerships across the supply chain. Bookmark this page for real-time access to SCL's regulatory filings, product launch details, and manufacturing capacity updates from facilities worldwide.
Stepan Company (NYSE:SCL) has announced its quarterly cash dividend of $0.385 per share, payable on June 13, 2025, to stockholders of record as of May 30, 2025. This represents a $0.010 per share increase from the previous quarter, marking the company's 57th consecutive year of dividend increases.
Stepan is a leading manufacturer of specialty and intermediate chemicals, with key operations in:
- Surfactants for cleaning, disinfection, agricultural, and oilfield products
- Polyurethane polyols for thermal insulation
- CASE (Coatings, Adhesives, Sealants, and Elastomers) industries
The company operates through a network of modern production facilities across North and South America, Europe, and Asia. Stepan's common stock trades on the NYSE under the symbol SCL.
Stepan Company (NYSE: SCL) reported strong Q1 2025 results with net income up 42% to $19.7 million. The company achieved notable growth with global sales volume increasing 4% year-over-year and adjusted EBITDA rising 12% to $57.5 million.
Key highlights include:
- Net sales increased 8% to $593.3 million
- Surfactants segment saw 10% growth with sales of $430.3 million
- Polymers segment remained flat at $146.1 million despite 7% volume growth
- Specialty Products grew 11% to $16.8 million
The company's new Pasadena, Texas facility is now operational, supporting specialty alkoxylation business growth. CEO Luis E. Rojo expressed optimism about continued earnings improvement, citing double-digit volume growth in Agricultural and Oilfield markets. Despite negative free cash flow of $25.8 million due to higher working capital requirements, management remains confident about delivering full-year adjusted EBITDA growth and positive free cash flow in 2025.
Stepan Company (NYSE: SCL) has scheduled the release of its first quarter 2025 earnings results for Tuesday, April 29, 2025, at approximately 7:00 a.m. ET. The company will host a conference call at 8:00 a.m. ET on the same day, led by President and CEO Luis E. Rojo and VP and Interim CFO Samuel S. Hinrichsen.
Stepan is a major manufacturer of specialty and intermediate chemicals, specializing in surfactants for cleaning and agricultural products, and polyurethane polyols for thermal insulation and CASE industries. The company operates production facilities across North and South America, Europe, and Asia.
Stepan Company (NYSE: SCL) announced that Edward J. Wehmer will retire from its Board of Directors at the annual meeting of stockholders on April 29, 2025. Wehmer, who joined the Board in 2003, has served as Lead Independent Director since 2016 and was Chair of the Audit Committee from 2007 to 2023.
Following Wehmer's retirement, the Board size will decrease from eight to seven directors, with Randall S. Dearth succeeding as Lead Independent Director. F. Quinn Stepan, Jr., Chairman of the Board, acknowledged Wehmer's 22 years of service, highlighting his financial expertise, leadership, and commitment to the company's growth and shareholder value.
Stepan Company is a major manufacturer of specialty and intermediate chemicals, primarily producing surfactants for cleaning and agricultural products, and polyurethane polyols for thermal insulation and CASE industries. The company operates production facilities across North and South America, Europe, and Asia.
Stepan Company (NYSE: SCL) has declared a quarterly cash dividend of $0.385 per share, payable on March 14, 2025, to stockholders of record on March 3, 2025. The company increased its dividend by $0.010 per share in Q4 2024, marking its 57th consecutive year of dividend increases.
Stepan is a major manufacturer of specialty and intermediate chemicals, primarily focusing on surfactants for cleaning and agricultural products, and polyurethane polyols for thermal insulation and CASE industries. The company operates production facilities across North and South America, Europe, and Asia.
Stepan Company (NYSE: SCL) reported Q4 2024 results with net income of $3.4 million, compared to a $1.2 million loss in the prior year. Adjusted net income was $2.8 million, down 63% year-over-year, primarily due to higher pre-commissioning expenses at the new Pasadena facility and a one-time tax reserve.
Key Q4 highlights include: EBITDA of $35.8 million (up 39% YoY), global sales volume down 1%, and cash from operations of $68.3 million. For full-year 2024, reported net income was $50.4 million (up 25% YoY), with global sales volume up 1% and free cash flow of $39.3 million.
The company's new Pasadena, Texas alkoxylation facility is expected to start up in Q1 2025. Management expects Adjusted EBITDA improvement across all segments in 2025, driven by volume growth, improved product mix, and cost reduction initiatives.
Stepan Company (NYSE: SCL) has announced it will release its fourth quarter and full year 2024 earnings results on Wednesday, February 19, 2025 at approximately 7:00 a.m. ET. Supporting slides will be posted simultaneously on the company's website.
A conference call to discuss financial and operational performance will be held the same day at 9:00 a.m. ET, hosted by Luis E. Rojo, President and CEO, and Samuel S. Hinrichsen, Vice President and Interim CFO.
Stepan Company is a major manufacturer of specialty and intermediate chemicals, specializing in surfactants for cleaning and disinfection products, agricultural solutions, and polyurethane polyols for thermal insulation and CASE industries. The company operates production facilities across North and South America, Europe, and Asia.