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Stepan Announces Agreement to Acquire Surfactant Production Facility in Mexico

BASF Mexicana, S.A. DE C.V. sells facility to Stepan.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Stepan Company, through a subsidiary in Mexico, reported that it has reached an agreement with BASF Mexicana, S.A. DE C.V. to acquire its surfactant production facility in Ecatepec, Mexico and a portion of its associated surfactants business. The facility is located close to Mexico City and has more than 50,000 metric tons of capacity, 124,000 square footage of warehouse space, a large laboratory and office space.   The definitive agreement is subject to closing conditions and the satisfaction...

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