Stepan (SCL) Completed The Acquisition Of The Surfactants Factory Of BASF Mexicana SA DE CV In Mexico

- Mar 30, 2018-

Stepan (SCL) completed the acquisition of the surfactants factory of BASF Mexicana SA DE CV in Mexico. At the same time, a purchase of some BASF surfactants related business has been completed.

The factory is located near Mexico City, with more than 50000 tonnes of capacity, 124000 square feet of storage space, and large laboratories and offices.

Stepan, chairman of the company said the acquisition of power of the company in the development strategy of Latin America, we believe that this acquisition will greatly enhance the surface activity of Stepan in the Mexico agent market status and supply capacity, and allows us to obtain the growth in consumer goods and functional surfactants market, the acquisition is expected in 2018 the remaining time and bring some income growth."