Stepan Company Announces Closing of Sale of Lake Providence, LA Manufacturing Assets
Stepan Company (NYSE: SCL) announced the closing of the previously disclosed sale of its Lake Providence, LA manufacturing assets on Dec. 30, 2025.
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Rhea-AI Summary
Stepan Company (NYSE: SCL) announced the closing of the previously disclosed sale of its Lake Providence, LA manufacturing assets on Dec. 30, 2025. The transaction follows a recent divestiture of a plant in the Philippines and is described as part of the company’s ongoing footprint optimization and focus on core growth opportunities. Terms of the sale were not disclosed. The company reiterated that some statements are forward-looking and subject to risks and uncertainties.
Details
News Market Reaction – SCL
On Dec 31, the first trading day after this news, SCL closed 0.02% below the previous close.
Data tracked by StockTitan Argus for the Dec 31 session.
Historical Context
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Announced agreement to sell Lake Providence manufacturing assets before year-end.
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Closed sale of Philippine manufacturing assets, emphasizing core growth focus.
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Raised quarterly dividend to $0.395 per share, 58th consecutive annual increase.
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Reported mixed Q3 results with higher sales and EBITDA but lower net income.
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Announced timing and access details for upcoming Q3 2025 earnings release.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
surfactants technical
polyurethane polyols technical
forward-looking statements regulatory
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The terms of the transaction were not disclosed.
Corporate Profile
Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection compounds and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.
Headquartered in
The Company's common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online at www.stepan.com
More information about Stepan's sustainability program can be found on the Sustainability page at www.stepan.com
Certain information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements about Stepan Company's plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, Stepan Company's actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "guidance," "predict," "potential," "continue," "likely," "will," "would," "should," "illustrative" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Stepan Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements.
There are a number of risks, uncertainties and other important factors, many of which are beyond Stepan Company's control, that could cause actual results to differ materially from the forward-looking statements contained in this news release. Such risks, uncertainties and other important factors include, among other factors, the risks, uncertainties and factors described in Stepan Company's Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports, and include (but are not limited to) risks and uncertainties related to accidents, unplanned production shutdowns or disruptions in manufacturing facilities; reduced demand due to customer product reformulations or new technologies; our inability to successfully develop or introduce new products; compliance with laws; our ability to identify suitable acquisition candidates and successfully complete and integrate acquisitions; global competition; volatility of raw material and energy costs and supply; disruptions in transportation or significant changes in transportation costs; downturns in certain industries and general economic downturns; international business risks, including currency exchange rate fluctuations, legal restrictions and taxes; unfavorable resolution of litigation against us; maintaining and protecting intellectual property rights; our ability to access capital markets; global political, military, security or other instability; costs related to expansion or other capital projects; interruption or breaches of information technology systems; our ability to retain executive management and key personnel; and our debt covenants.
These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Stepan Company
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