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Additional assets in Millsdale, IL and the UK will be decommissioned in new "Project Catalyst" plan to optimize its global footprint.
February 24, 2026
By: Christine Esposito
Editor-in-Chief
Stepan Company will shutter its Fieldsboro, NJ site in response to continued lower demand in commodity surfactants used in the production of laundry detergents. Additionally, select assets at Stepan’s Millsdale, IL and Stalybridge, UK facilities will be decommissioned, the company announced yesterday. The actions are part of the company’s “Project Catalyst” plan. Officials expect the plan to deliver approximately $100 million in pre-tax savings over the next two years as it “o...
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