In the Q2, Stepan Company's corporate clients experienced a reduction by -4.82 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -3.15 %. During the corresponding time, Stepan Company recorded a revenue increase by 15.19 % year on year, sequentially revenue grew by 13.29 %. While revenue at the Stepan Company's corporate clients recorded rose by 9.33 % year on year, sequentially revenue grew by 10.83 %.
Customers of Stepan Company saw their costs of revenue decrease by -4.82 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -3.15 %, for the same period Stepan Company recorded revenue increase by 15.19 % year on year, sequentially revenue grew by 13.29 %.
Stepan's Comment on Sales, Marketing and Customers
Principal customers for surfactants are manufacturers of detergents, shampoos,
body wash, fabric softeners, toothpastes and cosmetics. In addition, surfactants
are sold to the producers of agricultural herbicides and insecticides and lubricating
products. Surfactants are also sold into the enhanced oil recovery end markets.
Polymers are used in the construction and appliance industries, as well as in
applications for the coatings, adhesives, sealants and elastomers industries.
Phthalic anhydride, a Polymer product, is also used by automotive, boating and
other consumer product companies. Specialty products are used primarily by food,
nutritional supplement and pharmaceutical manufacturers.
Stepan’s Comment on Sales, Marketing and Customers
Principal customers for surfactants are manufacturers of detergents, shampoos,
body wash, fabric softeners, toothpastes and cosmetics. In addition, surfactants
are sold to the producers of agricultural herbicides and insecticides and lubricating
products. Surfactants are also sold into the enhanced oil recovery end markets.
Polymers are used in the construction and appliance industries, as well as in
applications for the coatings, adhesives, sealants and elastomers industries.
Phthalic anhydride, a Polymer product, is also used by automotive, boating and
other consumer product companies. Specialty products are used primarily by food,
nutritional supplement and pharmaceutical manufacturers.
Sources:
Stepan Company’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Stepan Company’s corporate clients.
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