Stepan completed the acquisition of Clariant's anionic surfactant business.

Stepan Company, a manufacturer of specialty chemicals, completed the acquisition of the anionic surfactant business and associated sulfation equipment located in Mexico from Clariant, a specialty chemical company. Financial terms were not disclosed. "This acquisition supports Stepan's growth strategy in Latin America and enhances our ability to support our customers' growth in the Mexican Consumer and Functional markets for surfactants. We look forward to transitioning customers' supply to Stepan's Ecatepec and Matamoros Mexico facilities over the coming months," F. Quinn Stepan, Stepan Chairman, President and Chief Executive Officer.