Business
Stepan Announces Agreement to Sell Lake Providence, LA Assets
Stepan Company (NYSE: SCL) today announced that it has entered into an agreement to sell its manufacturing assets located in Lake Providence, LA to an undisclosed buyer.
About this update from Stepan Company
[{"type":"text","content":"NORTHBROOK, Ill., Dec. 3, 2025 /PRNewswire/ -- Stepan Company (NYSE: SCL) today announced that it has entered into an agreement to sell its manufacturing assets located in Lake Providence, LA to an undisclosed buyer.","length":221,"tagName":"p"},{"type":"image","alt":"Stepan Company Logo (PRNewsfoto/Stepan Company)","displaySize":"","headline":null,"caption":"Stepan Company Logo (PRNewsfoto/Stepan Company)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":91,"url":"https://media.zenfs.com/en/prnewswire.com/6aea546275439aa44c6ff5832d0f9a9c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bvRkAVCImtvk_7ym6CoP.A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/6aea546275439aa44c6ff5832d0f9a9c","width":400,"height":91}},"href":"https://mma.prnewswire.com/media/2401084/Stepan_Company_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This transaction follows Stepan's most recent divestiture of its plant in the Philippines, representing the Company's ongoing footprint optimization efforts and focus on core growth opportunities.","length":204,"tagName":"p"},{"type":"text","content":"The transaction is subject to normal closing conditions. The parties are targeting to close the transaction before year end, subject to the satisfaction of customary closing conditions, including completion of ongoing due diligence. Terms of the transaction were not disclosed.","length":277,"tagName":"p"},{"type":"text","content":"Corporate Profile","length":17,"tagName":"p"},{"type":"text","content":"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.","length":487,"tagName":"p"},{"type":"text","content":"Headquartered in Northbrook, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia.","length":149,"tagName":"p"},{"type":"text","content":"The...