| Business Summary | | Stepan
Company
and
its
subsidiaries
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.
Principal
markets
for
surfactants
are
manufacturers
of
detergents,
shampoos,
lotions,
toothpastes
and
cosmetics.
Surfactants
are
also
sold
to
the
producers
of
emulsifiers
and
lubricating
products.
In
addition,
the
Company
provides
polymers
used
in
construction,
refrigeration,
automotive,
boating
and
other
consumer
product
industries.
Specialty
products
are
used
primarily
by
food
and
pharmaceutical
manufacturers.
The
Company
does
not
sell
directly
to
the
retail
market,
but
sells
to
a
wide
range
of
manufacturers
in
many
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Stepan
Company
produces
specialty
and
intermediate
chemicals
used
to
make
other
products.
Stepan's
products
include
surfactants,
polymers,
and
specialty
products
such
as
flavors
and
lubricant
additives.
For
the
six
months
ended
6/30/01,
sales
rose
2%
to
$359.6
million.
Net
income
applicable
to
Common
fell
10%
to
$9.4
million.
Results
reflect
increases
in
the
volume
of
Surfactants
and
Specialty
Products,
offset
by
lower
margins
in
the
Surfactants
and
Polymers
segments. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| F. Quinn Stepan, 63 Chairman,
CEO | $520K | $457K | F. Quinn Stepan, Jr., 40 Pres,
COO, Director | 360K | -- | James Hartlage, 63 Sr.
VP- Technology and Operations | 371K | 76K | Walter Klein, 54 VP-Fin. | -- | -- | Susan Korthase, 50 VP
of HR | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|