Stepan Company expects to deliver solid earnings growth in 2012 "Our surfactant business is more recession resistant and should deliver record full year earnings on greater functional and household and industrial sales. Brazil will continue to deliver earnings growth. Our polymer business should also deliver record earnings despite the slowing economy."
Stepan Company reports Q4 restructuring charges recognized of $3M after tax These charges were attributable to an early retirement incentive program and certain asset write-offs. The combined annual savings of the 2013 and 2014 restructuring charges are expected to be approximately $3 million per year.