Stepan Co. (SCL) Raises Quarterly Dividend 9.8% to $0.335; 1.1% Yield

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Stepan Co. (SCL) Misses Q3 EPS by 3c

October 20, 2021 7:00 AM EDT

Stepan Co. (NYSE: SCL) reported Q3 EPS of $1.57, $0.03 worse than the analyst estimate of $1.60. Revenue for the quarter came in at $602.7 million versus the consensus estimate of $564.82 million.

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Stepan Co. (SCL) Announces $220M Investment to Expand Alkoxylation Capacity

October 20, 2021 6:58 AM EDT

Stepan Company (NYSE: SCL) announces today that it plans to build and operate a new alkoxylation plant at its existing Pasadena, Texas facility. Alkoxylates are a core surfactant technology critical to the agricultural, oilfield, construction and household end use markets. Stepan's $220.0 million investment is expected to provide a flexible capacity of 75,000 metric tons per year, capable of both ethoxylation and propoxylation, and better position the... More