Stepan Company Completes Sale of Philippine Assets, Advancing Strategic Focus on Core Growth
Stepan Company (NYSE: SCL) announced it closed the sale of its Philippine manufacturing assets (Stepan Philippines Quaternaries, Inc.) to Masurf, a Musim Mas subsidiary, with closing on November 14, 2025. The deal implements an Asset Transfer Agreement dated May 27, 2025 and includes a tolling agreement so SPQI customers in Southeast Asia continue to receive service. Terms were not disclosed. Stepan framed the transaction as part of a strategic shift to focus on core growth assets while maintaining a global manufacturing network.
Facility location: Bauan, Batangas, Philippines. Company emphasized continuity of service and thanked its Philippines team for three decades of contributions.
Stepan Company (NYSE: SCL) ha annunciato di aver chiuso la vendita degli asset di produzione nelle Filippine (Stepan Philippines Quaternaries, Inc.) a Masurf, una subsidiaria di Musim Mas, con chiusura il 14 novembre 2025. L'accordo prevede un Agenzia di trasferimento di asset datata 27 maggio 2025 e include un accordo di tolling affinché i clienti SPQI nel Sud-Est Asiatico continuino a ricevere servizi. I termini non sono stati divulgati. Stepan ha inquadrato l'operazione come parte di un cambiamento strategico volto a concentrarsi sui core growth assets mantenendo una rete di produzione globale.
Ubicazione dell'impianto: Bauan, Batangas, Filippine. L'azienda ha enfatizzato la continuità del servizio e ha ringraziato il team delle Filippine per tre decenni di contributi.
Stepan Company (NYSE: SCL) anunció que cerró la venta de sus activos de fabricación en Filipinas (Stepan Philippines Quaternaries, Inc.) a Masurf, una subsidiaria de Musim Mas, con el cierre el 14 de noviembre de 2025. El acuerdo implementa un Asset Transfer Agreement datado el 27 de mayo de 2025 y incluye un acuerdo de tolling para que los clientes de SPQI en el sudeste asiático continúen recibiendo servicio. Los términos no fueron revelados. Stepan enmarcó la operación como parte de un cambio estratégico para enfocarse en activos de crecimiento centrales manteniendo una red de fabricación global.
Ubicación de la instalación: Bauan, Batangas, Filipinas. La empresa enfatizó la continuidad del servicio y agradeció a su equipo de Filipinas por tres décadas de contribuciones.
Stepan Company (NYSE: SCL)은 필리핀 제조 자산(Stepan Philippines Quaternaries, Inc.)의 매각을 Masurf, Masum Mas의 자회사에 매각을 완료했다고 발표했다. 종료일은 2025년 11월 14일이다. 거래는 2025년 5월 27일자 자산 이전 계약을 이행하며, 남동아시아 SPQI 고객이 계속 서비스를 받도록 톨링 계약을 포함한다. 조건은 공개되지 않았다. Stepan은 이 거래를 핵심 성장 자산에 집중하고 글로벌 제조 네트워크를 유지하는 전략적 전환의 일환으로 설명했다.
시설 위치: Bauan, Batangas, Philippines에 위치. 회사는 서비스의 연속성에 중점을 두고 필리핀 팀의 30년간의 공로에 감사를 표했다.
Stepan Company (NYSE: SCL) a annoncé avoir conclu la vente de ses actifs de fabrication aux Philippines (Stepan Philippines Quaternaries, Inc.) à Masurf, une filiale de Musim Mas, avec la clôture le 14 novembre 2025. L'accord met en œuvre un Asset Transfer Agreement daté du 27 mai 2025 et comprend un accord de tolling afin que les clients SPQI en Asie du Sud-Est continuent de recevoir le service. Les termes n'ont pas été divulgués. Stepan a présenté l'opération comme faisant partie d'un virage stratégique visant à se concentrer sur les actifs de croissance clés tout en maintenant un réseau de fabrication mondial.
Emplacement de l'installation : Bauan, Batangas, Philippines. L'entreprise a souligné la continuité du service et a remercié son équipe des Philippines pour trois décennies de contributions.
Stepan Company (NYSE: SCL) gab bekannt, dass es den Verkauf seiner Produktionsanlagen auf den Philippinen (Stepan Philippines Quaternaries, Inc.) an Masurf, eine Tochtergesellschaft von Musim Mas, abgeschlossen hat; der Abschluss erfolgte am 14. November 2025. Der Deal setzt einen Asset Transfer Agreement datiert vom 27. Mai 2025 um und enthält eine Tolling-Vereinbarung, sodass SPQI-Kunden in Südostasien weiterhin Service erhalten. Die Bedingungen wurden nicht offengelegt. Stepan sah die Transaktion als Teil einer strategischen Neuausrichtung, um sich auf zentrale Wachstums assets zu konzentrieren und gleichzeitig ein globales Fertigungsnetzwerk aufrechtzuerhalten.
Standort der Einrichtung: Bauan, Batangas, Philippines. Das Unternehmen betonte die Kontinuität des Service und dankte dem Philippines-Team für drei Jahrzehnte Beiträge.
Stepan Company (NYSE: SCL) أعلنت أنها أكملت بيع أصولها التصنيعية في الفلبين (Stepan Philippines Quaternaries, Inc.) إلى Masurf، وهي شركة تابعة لـ Musim Mas، وأن الإغلاق تم في 14 نوفمبر 2025. تنفذ الصفقة اتفاق نقل أصول مؤرخ 27 مايو 2025 وتشتمل على اتفاقية tolling حتى يستمر عملاء SPQI في جنوب شرق آسيا في الحصول على الخدمة. لم يتم الكشف عن الشروط. صاغت Stepan الصفقة كجزء من تحول استراتيجي يركز على أصول النمو الأساسية مع الحفاظ على شبكة تصنيع عالمية.
موقع المنشأة: Bauan, Batangas, Philippines. أكدت الشركة على استمرار الخدمة وشكرت فريقها في الفلبين على ثلاثين عامًا من المساهمات.
- Transaction closed on November 14, 2025
- Tolling agreement in place to maintain customer service in Southeast Asia
- Asset Transfer Agreement executed May 27, 2025
- Terms undisclosed, no financial proceeds disclosed
- Stepan reduces direct manufacturing footprint in the Philippines after three decades
Insights
Sale of Stepan Philippines closed; company refocuses on core growth while preserving service via a tolling agreement.
Stepan completed the sale of its Bauan, Batangas manufacturing assets on
The main dependencies are the undisclosed financial terms and the performance of the tolling relationship under Masurf's stewardship; those facts determine near-term cash, margin, and working capital impacts. Monitor the parties' post-closing integration, any customer contract novations, and future disclosures about proceeds or contingent liabilities over the next several quarters to assess financial and operational impact.
"The successful closing of this transaction is an important step in Stepan's ongoing strategy to sharpen our focus on core growth assets. We are pleased to have delivered on our commitment to stakeholders and to continuing positioning Stepan for future success," said Luis Rojo, President and Chief Executive Officer of Stepan. "Our global manufacturing network, complemented by our new tolling relationship with Masurf ensures uninterrupted service and growth opportunities for our customers in
With a sharpened focus on core growth assets and a robust global network, Stepan is well-positioned to deliver value to customers and stakeholders worldwide.
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
FAQ
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