David Storms

David Silver

Michael Harrison

Mike Harrison

Dave Storms

Dmitry Silversteyn

Kevin Holder

- Stepan Co. (SCL) recently launched a new **coxylation facility in Pasadena, Texas**, which represents the **biggest capital investment in company history**, aimed at supporting future growth.  **[94049_tx_375187_1]** **[94049_tx_375187_2]** 
- The company is committed to deleveraging its balance sheet, with current net leverage at approximately **2.9**  **[94049_tx_375187_3]** **[94049_tx_375187_5]** , and has a track record of increasing dividends for **57 consecutive years**.  **[94049_tx_375187_4]** **[94049_tx_375187_6]** 
- While overall sales have been impacted by raw material cost fluctuations, the company reported **double-digit growth** in agricultural and oilfield surfactants in the first half of the year and added almost **1,800 new customers** to its global Surfactants business last year.  **[94049_tx_375187_3]** **[94049_tx_375187_4]** 
- Stepan introduced **33 new products in 2024**, which contributed approximately **10% of its revenue**.  **[94049_tx_375187_2]** **[94049_tx_375187_6]**

STEPAN (SCL)