Stepan Company Announces Agreement to Sell Philippine Assets and Enter Tolling Agreement with Masurf

Reuters

2025/05/27

Stepan Company Announces Agreement to Sell Philippine Assets and Enter Tolling Agreement with Masurf

Stepan Company has announced an agreement to sell its assets in the Philippines. As part of the transaction, SPQI will enter into a tolling agreement with Masurf to continue serving customers after the deal closes. The completion of the transaction is subject to normal closing conditions, although specific terms of the deal have not been disclosed. Stepan Company, headquartered in Northbrook, Illinois, is a leading manufacturer of specialty and intermediate chemicals, prominently producing surfactants and supplying polyurethane polyols.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stepan Company published the original content used to generate this news brief via PR Newswire (Ref. ID: CG96179) on May 27, 2025, and is solely responsible for the information contained therein.

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