Stepan (SCL) Stock News, Feb-Jul 2025

Stepan Company (NYSE: SCL) has appointed Corning Painter as a new Director, effective immediately. Painter currently serves as CEO of Orion S.A., a global chemical manufacturer, since 2018. His extensive background includes serving as Executive Vice President for Industrial Gases at Air Products and Chemicals, where he worked from 1984. A Certified Professional Engineer with a chemical engineering degree from Carnegie Mellon University, Painter brings significant leadership and chemical industry expertise to Stepan's Board. Stepan Company is a major manufacturer of specialty and intermediate chemicals, specializing in surfactants for cleaning and agricultural solutions, 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 announced a 25% expansion in its Alpha Olefin Sulfonates (AOS) production capacity through strategic capital investments and process improvements across its North American facilities in Millsdale, Illinois; Anaheim, California; and Winder, Georgia. AOS, a versatile surfactant used in detergents, personal care products, and industrial applications, is particularly valued for its fat-dissolving power, foam stability, and environmentally friendly properties. The expansion enhances operational efficiency, flexibility, and reliability for customers. The company continues to explore additional improvements to expand capacity, develop specialty AOS products, and enhance product quality, positioning itself to meet growing market demands for sulfate-free products in various industries including personal care, cleaning, oilfield, agriculture, and construction sectors.

Stepan Company (NYSE: SCL) has announced that its subsidiary, Stepan Philippines Quaternaries (SPQI), will sell its manufacturing assets in Bauan, Batangas, Philippines to Masurf, a subsidiary of Musim Mas Holdings. As part of the deal, SPQI will establish a tolling agreement with Masurf to maintain customer service continuity in Southeast Asia. The transaction, whose terms remain undisclosed, aligns with Stepan's strategy to focus on core growth areas. Stepan Company is a major manufacturer of specialty chemicals, particularly surfactants used in cleaning compounds and agricultural solutions, as well as polyurethane polyols for thermal insulation and CASE industries. The company operates through a global network of production facilities across North and South America, Europe, and Asia.

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 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) 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.