Stepan Co. (SCL) to Sell Philippine Assets
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Stepan Announces Agreement to Sell Philippine Assets
May 27, 2025 8:00 AM EDTNORTHBROOK, Ill., May 27, 2025 /PRNewswire/ -- Stepan Company (NYSE: SCL) today announced that its subsidiary, Stepan Philippines Quaternaries, Inc. (SPQI), has entered into an agreement to sell SPQI's manufacturing assets located in Bauan, Batangas, Philippines to Masurf, Inc., a subsidiary of Musim Mas Holdings Pte. Ltd.
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