08.01.17
Stepan Company has reported that an agreement has been reached with BASF Mexicana, S.A. DE C.V. to acquire its surfactant production facility in Ecatepec, Mexico. The company will also gain a portion of its associated surfactants business. The facility is located near Mexico City.
The transaction is expected to close in the fourth quarter of 2017 with minimal impact on Stepan’s 2017 financial results.
The transaction is expected to close in the fourth quarter of 2017 with minimal impact on Stepan’s 2017 financial results.
