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Anionic surfactant supply accord and manufacturing asset sale.
July 10, 2015
By: Christine Esposito
Editor-in-Chief
Stepan Company has signed a long-term supply agreement with The Sun Products Corporation to supply the detergent maker with anionic surfactant requirements for laundry in North America. The agreement is expected to begin in the third quarter of 2015. Separate from the supply agreement, Stepan also reached an agreement to purchase select chemical manufacturing assets from Sun’s Pasadena, TX manufacturing site. The sale is expected to close in the third quarter and is subject to customary clos...
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