Stepan Company Overview
Company Headquarters: Illinois, US
Founded: 1932
Workforce: ~2,250
Company Working: Stepan Company (Stepan) is engaged in the manufacturing and sale of specialty and intermediate chemicals. It operates through the segments, namely surfactants, polymers, and specialty products. Surfactants segment offers oilfield biocides along with a wide range of surfactant chemicals such as anionic, cationic, nonionic, and amphoteric surfactants. The polymers segment produces polyester polyols and phthalic anhydride. The specialty products are chemicals used in food, flavoring, nutritional supplement, and pharmaceutical applications.
Strategy
Stepan aims at strengthening its product portfolio through investments in innovation and research and development as well as tapping new opportunities for growth. The company’s around 40% of research and development capital resources are deployed to support strategic innovation programs and partnerships.
