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Stepan Company Reschedules Alkoxylation Facility Launch to 2025

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Stepan Company Reschedules Alkoxylation Facility Launch to 2025

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Stepan Company ( (SCL) ) has provided an update.

Stepan Company announced that the startup of its new alkoxylation facility in Pasadena, Texas, is now expected in the first quarter of 2025 due to unforeseen delays. The company assured that this delay will not materially impact its first quarter results or its overall business performance and plans to provide more details during its upcoming earnings call.

More about Stepan Company

YTD Price Performance: -0.60%

Average Trading Volume: 116,376

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.41B

For a thorough assessment of SCL stock, go to TipRanks’ Stock Analysis page.

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