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    Home > Chemicals Industry > Rubber Plastic News > Stepan Announces Acquisition of INVISTA's Aromatic Polyester Polyols Business

    Stepan Announces Acquisition of INVISTA's Aromatic Polyester Polyols Business

    • Last Update: 2022-08-26
    • Source: Internet
    • Author: User
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    On January 29, 2021, Stepan announced that it has acquired the aromatic polyester polyol business and related assets of Invista


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    company

    F.
    Quinn Stepan, Chairman and Chief Executive Officer of Stepan, said: "We are excited to bring Invista's polyester polyol production capacity to Stepan


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    "We believe that the long-term prospects for the application of polyols for rigid polyurethane foams in insulation remain strong as energy conservation efforts and stricter building regulations continue to drive market growth


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    Management will provide additional views on the acquisition during Stepan's fourth-quarter and full-year 2020 earnings conference call on February 18, 2021


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