Stepan Completes Acquisition of NatSurFact® Business from Logos Technologies
Stepan Company (SCL)
Last stepan company earnings: 4/21 06:59 am
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Source: PR Newswire
NORTHFIELD, Ill., March 27, 2020 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported that it has acquired Logos Technologies LLC's NatSurFact® business, a rhamnolipid-based line of bio-surfactants derived from renewable sources. Financial terms of the transaction were not disclosed."Bio-surfactants produced via fermentation offer synergies in several strategic end use markets including agriculture, oilfield, personal care and household, industrial and institutional. NatSurFact developed a novel fermentation process for rhamnolipids and has achieved high yields at both the bench and pilot scale. Rhamnolipids, a class of bio-surfactants, are attractive due to their favorable biodegradability, low toxicity and in some cases unique antimicrobial properties," said F. Quinn Stepan, Jr., Chairman, President and Chief Executive Officer of Stepan Company. "We look forward to building on NatSurFact's work to commercialize these unique surfactants in the coming years. Stepan is actively de
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SCL
Earnings
- 2/20/24 - Miss
SCL
Sec Filings
- 4/11/24 - Form 4
- 3/26/24 - Form ARS
- 3/26/24 - Form DEF
- SCL's page on the SEC website