BNET Industries

Stepan Co.

(SCL) is in the Manufacturing Industry

Market Cap:$626.7M
Last Fiscal Year Sales:$1.3B
  • Public
  • US
Dow Jones Description

Stepan Company, which was incorporated under the laws of the state of Delaware on February 19, 1959, and its subsidiaries (the Company) produce specialty and intermediate chemicals, which are sold to other manufacturers and then made into a variety of end products. The Company has three reportable segments: surfactants, polymers and specialty products. Surfactants refer to chemical agents that affect the interaction between two surfaces; they can provide actions such as detergency (i.e., the ability of water to remove soil from another surface), wetting and foaming, dispersing, emulsification (aiding two dissimilar liquids to mix), demulsification, viscosity modifications and biocidal disinfectants. Surfactants are the basic cleaning agent in detergents for washing clothes, dishes, carpets, fine fabrics, floors and walls. Surfactants are also used for the same purpose in shampoos and conditioners, fabric softeners, toothpastes, cosmetics and other personal care products. Commercial and industrial applications include emulsifiers for agricultural products, emulsion polymers such as floor polishes and latex foams and coatings, wetting and foaming agents for wallboard manufacturing, surfactants for enhanced oil recovery and biodiesel. In September 2008, the Company entered into a joint venture agreement with Nalco Company. The joint venture, named TIORCO, LLC, was formed to market chemical solutions for increased production of crude oil and gas from existing fields. ...

Chairman, Chief Executive Officer and Sole Owner
Thomas F. Grojean
Number of Employees 1,578
Contact Information

22 W Frontage Rd

Northfield, Illinois 60093-3407

stepan.com

(847) 446-7500

NAICS Code Surface Active Agent Manufacturing: 325613

Recent Events

  • Stepan Co. SCL Posts Q3 EPS of $1.80; Raises Quarterly Dividend to $0.24

    10/20/09 - Financial Announcement - View Story

  • Zacks' Discount Fundamental Strength Strategy Highlights: Stepan Company, Core-Mark Holding,...

    8/14/09 - Financial Announcement - View Story

  • Stepan Reports Record Second Quarter and First Half Earnings

    7/28/09 - Financial Announcement - View Story

News & Analysis

stepan co. - All News and Analysis

  • Stepan Company Q1 2008 Earnings Conference Call Transcript

    Seeking Alpha - 2008-04-27

    Question-and-Answer Session Operator Thank you. Operator instructions And our first question comes from the line of Aaron Weitman with Appaloosa. Please proceed. Aaron Weitman – Appaloosa Hi, guys. I was wondering how much sulfur, sulfuric acid and phosphoric acids do you consume? Are those some of the products...

    Tags: Stepan Co.

  • Stepan Company Q1 2008 Earnings Conference Call Transcript

    Seeking Alpha - 2008-04-23

    Question-and-Answer Session Operator Thank you. Operator instructions And our first question comes from the line of Aaron Weitman with Appaloosa. Please proceed. Aaron Weitman – Appaloosa Hi, guys. I was wondering how much sulfur, sulfuric acid and phosphoric acids do you consume? Are those some of the products...

    Tags: Stepan Co.

  • Stepan Company Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-04-12

    Question-and-Answer Session Operator Operator Instructions And our first question comes from the line of George Gaspar - Robert W. Baird. George Gaspar - Robert W. Baird Could you relate a little bit more on where you are with some of the capacity levels within the company...

    Tags: Stepan Co.

  • Chemical Companies Hike Prices For Derivatives and Surfactants

    - 1997-03-10

    STEPAN COMPANY, Petresa Canada Inc. and Union Carbide Corporation are planning to increase prices on several of their product lines, effective April 1. Stepan says it will raise surfactant prices because of extensive raw material increases on products that are critical to its production....

    Tags: Stepan Co., Union Carbide Corp.

Decision Makers

Name (plus bio) Position
F. Quinn Stepan President
James Hurlbutt CFO & Vice President
Anthony Zoglio Vice President, Supply Chain
Arthur W Mergner Vice President, Procurement
Charles Brown Vice President, Latin America
Edmund A. Perreault Vice President, Purchasing
Edward H. Buening Vice President, Surfactant Sales
Edward T C Hyer Vice President, Plant Operations, the Americas
Frank Pacholec Vice President, R & D
Greg Servatius Vice President, HR
H. Edward Wynn Vice President
James S. Pall Vice President, Business Development
John V. Venegoni Vice President
Matthew I. Levinson Vice President, Global Process Development
Richard H. Wehman, JR Vice President, Strategic Purchasing
Robert S. Mangold Vice President, North American Plant Operations
Robert Wood Vice President
Tony Martin Vice President, Europe
Craig Tickel Director, Global Quality
Deb Stefaniak Director, Global Logistics
Kyle Montgomery Director, Supply Chain, Europe
Scott Behrens Director, Functional Products, Surfactants
Debbi Bobbitt Coordinator, Advertising
Earl Wagener
Kathleen O Sherlock Assistant Secretary & Assistant General Counsel
Robert G. Potter Director

Board of Directors

Name (plus bio) Position
Thomas F. Grojean Chairman, Chief Executive Officer and Sole Owner
Edward J. Wehmer Board of Directors
Gary E. Hendrickson Board of Directors
Gregory E. Lawton Board of Directors
Paul H. Stepan Board of Directors

Organization Position Status
Grojean Transportation Inc. Chief Executive Officer Current
Stepan Company Chairman, Chief Executive Officer and Sole Owner Current
Conferencingsite.Com Current
Grojean Transportation Inc. Chairman Current
Solutia Inc. Chief Executive Officer Former
ASIS International member Former
Solutia Inc. Potter Former Chairman Former
Stepan Company Director Former

Organization Position Status
Stepan Company President Current
Stepan Company Chairman Current
Stepan Company Chief Executive Officer Former
Stepan Company Chief Operating Officer Former
Stepan Company Executive Officer Former
Stepan Company Board of Directors Former

James E. Hurlbutt has served the Company as Vice President Finance since February 2005. From February 2002 until February 2005, he served the Company as Vice President and Controller.

Organization Position Status
Stepan Company CFO & Vice President Current
Stepan Company Board of Directors Current
Stepan Company Controller. Former

Organization Position Status
Stepan Company Vice President, Supply Chain Current

Organization Position Status
Stepan Company Vice President, Procurement Current

Organization Position Status
Stepan Company Vice President, Latin America Current

Organization Position Status
Stepan Company Vice President, Purchasing Current

Organization Position Status
Stepan Company Vice President, Surfactant Sales Current

Organization Position Status
Stepan Company Vice President, Plant Operations, the Americas Current

Organization Position Status
Stepan Company Vice President, R & D Current
Monsanto Company Former

Gregory Servatius has served the Company as Vice President, Human Resources since February 2006. From April 2003 until January 2006, he served as Vice President, Surfactant Sales. From October 2001 until April 2003, he served as Vice President, Functional Products.

Organization Position Status
Stepan Company Vice President, HR Current

H. Edward Wynn was appointed elected Vice President, General Counsel and Secretary effective January 9, 2007. From 2005 until 2006, he served as Chief Administrative Officer and General Counsel with Heritage Development Partners, LLC. From 2003 until 2005, he served as Chief Administrative Officer and General Counsel with the Illinois Department of Central Management Services. From 2001 until 2003 he was a partner at Winston and Strawn. From 1989 until 2000 he served in various legal and regulatory positions at SBC Communications, Inc. and Ameritech (both now AT&T).

Organization Position Status
Stepan Company Vice President Current
Stepan Company Board of Directors Current
Winston & Strawn LLP Partner Former

Organization Position Status
Stepan Company Vice President, Business Development Current

Organization Position Status
Stepan Company Vice President Current
Stepan Company General Manager, Surfactants Current

Organization Position Status
Stepan Company Vice President, Global Process Development Current

Organization Position Status
Stepan Company Vice President, Strategic Purchasing Current

Organization Position Status
Stepan Company Vice President, North American Plant Operations Current

Organization Position Status
Stepan Company Vice President Current
Stepan Company General Manager, Polymers Current

Organization Position Status
Stepan Company Vice President, Europe Current

Organization Position Status
Stepan Company Director, Global Quality Current

Organization Position Status
Stepan Company Director, Global Logistics Current

Organization Position Status
Stepan Company Director, Supply Chain, Europe Current

Organization Position Status
Stepan Company Director, Functional Products, Surfactants Current

Organization Position Status
Stepan Company Coordinator, Advertising Current

Dr. Earl H. Wagener earned his B.S. (1964) and Ph. D. (1967) degrees in organic chemistry from Clemson University. Over the past 36 years, he has held leadership positions in eleven research and development groups at Dow Chemical and Stepan Company in both the U.S. and Europe. These groups have developed innovative products having cumulative sales of over $3 billion dollars, including: the first commercially feasible cathodic electrodeposition polymers, polymeric membranes for reverse osmosis, gas separation, fuel cells, pervaporation and dialysis, urethane and epoxy polymers for the aerospace, electronic, automotive, construction, and coatings industries, specialty latexes for coating, construction, medical, and agricultural industries, and specialty products such as surfactants for use in home care, personal care, industrial and institutional, agricultural, polymer processing, and food products, ion exchange resins, antibacterials, methocel, specialty thermosets, and mining chemicals. Dr. Wagener joined Tetramer Technologies L.L.C., in September, 2001 as Chief Executive Officer. He is also the principal investigator for three Tetramer Technologies NSF Phase I Small Business Innovation Awards.

Organization Position Status
Tetramer Technologies CEO Current
The Chemquest Group, Inc. Director of Technology Analysis and Planning Current
Stepan Company Current
The Dow Chemical Company Former
Chemquest, Inc. Former
Clemson University Ph.D. In Physical Organic Chemistry Former
Clemson University B.S. In Chemistry Former

Organization Position Status
Stepan Company Assistant Secretary & Assistant General Counsel Current
Stepan Company Board of Directors Current

Edward J. Wehmer (55), Director since 1996 Since May 1998,Mr.Wehmer has served as President and Chief Executive Officer of the Company. Prior to May 1998, he served as President and Chief Operating Officer of the Company since its formation in 1996.He served as the President of Lake Forest Bank from 1991 to 1998. He serves as a Director or Advisory Director of each of the Company’s main operating subsidiaries. Mr. Wehmer is a certified public accountant and earlier in his career spent seven years with the accounting firm of Ernst & Young LLP specializing in the banking field and particularly in the area of bank mergers and acquisitions. Mr.Wehmer serves on the board of directors of Stepan Company (NYSE), a chemical manufacturing and distribution company, as a trustee for Children’sMemorial Hospital and Foundation and on the Finance Board and the School Board of the Archdiocese of Chicago. He is also a former Chairman of the Board of Trustees for Loyola Academy in Wilmette, Illinois.

Organization Position Status
Wintrust Financial Corporation Chief Executive Officer Current
Stepan Company Board of Directors Current
Wintrust Financial Corporation Board of Directors Current
Wintrust Financial Corporation President Former

Organization Position Status
The Valspar Corporation President & Chief Operating Officer Current
The Academic Approach Current
Quikrete International, Inc. Current
Stepan Company Board of Directors Current
The Valspar Corporation Senior Vice President Former
Phillips Exeter Academy Former
Harvard University MBA Former
University of Connecticut Bachelors Degree Former
Merrimack College BA Former

Organization Position Status
Stepan Company Board of Directors Current
General Cable Corporation Board of Directors Current
Smart Grid Newsletter Board of Directors Current
JohnsonDiversey, Inc. Chief Executive Officer Former
JohnsonDiversey, Inc. President Former
Nutone, Inc. President Former

Organization Position Status
Stepan Company Board of Directors Current

Organization Position Status
Arch Coal, Inc. Chairman Current
Stepan Company Director Current
Solutia Inc. Chief Executive Officer Former
Solutia Inc. Chairman Former
Arch Coal, Inc. Director Former

Executive News

  • Wintrust Financial announces new appointments

    TradingMarkets - 5/25/09 - View Story

  • Wintrust Financial Corporation Hires Bank CEO & St. Charles Lending Team

    KOTA Territory News - 5/23/09 - View Story

  • Wintrust Financial Corporation Hires Bank CEO & St. Charles Lending Team

    PR Newswire - 5/22/09 - View Story

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     SCL $63.29 -0.02 (-0.03% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 62,412
Shares Outstanding 9.90M
Market Cap 626.7M
Year High 65.52
Year Low 22.8
Earnings Per Share 5.19
P/E Ratio 12.19
Dividend 0.88
Yield 1.39
IndustryTop Rated
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