United States

Stepan Co (SCL)

SCL on New York Consolidated

25 Jul 2016
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Wed, Jul 20 2016

BRIEF-Stepan posts Q2 earnings of $1.21/share

* Stepan reports record second quarter and first half earnings

BRIEF-Stepan agrees to buy sulfonation production facility in Brazil

* Stepan announces agreement to acquire a commercial business and sulfonation production facility in Brazil

BRIEF-Stepan announces Canadian plant closure

* Decision will result in a workforce reduction of approximately 30 employees

BRIEF-Stepan reports Q1 adj. earnings $1.29/shr

* Q1 earnings per share view $0.98 -- Thomson Reuters I/B/E/S

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