Stepan Company Acquisition of U.S. Surfactants Producer U.S. Surfactants Producer

September 26, 2022

Stepan Company announced today the completion of its acquisition of the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC.  The acquisition includes intellectual property, commercial relationships, and inventory.  Financial terms of the transaction were not disclosed.

"Alkoxylates are a core surfactant technology critical to Stepan's agriculture, oilfield, construction and household end use markets," said Scott R. Behrens, President and Chief Executive Officer of Stepan Company.  "We are pleased to have closed the acquisition of PerformanX and welcome PerformanX's customers to Stepan."