SCL · CIK 0000094049
What Stepan Company told the SEC could break it.
2 self-disclosed vulnerabilities, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
A limited set so far, we surface every cited disclosure we’ve extracted for SCL. More may follow as additional filings are processed.
In its own words
What could break it.
Commodity & input dependence
- Petroleum- and plant-based raw materials and energy price/supply volatilitymedium
Principal raw materials are petroleum- or plant-based and plants run on interruptible natural gas/fuel oil; raw material and energy prices are subject to supply-demand, tariff, FX and political factors, and certain suppliers' facilities sit in areas more prone to unplanned disruption with limited alternative-material qualification.
“Certain of our suppliers' facilities are located in areas where unplanned disruptions are more likely. In the event of supply disruptions, raw materials may not be available to the Company in amounts sufficient to meet our requirements, and alternative raw materials may not be available, may cost substantially more or may take a significant amount of time for the Company to qualify.”
SEC filing →As of 2026
Regulatory & policy
- Ethylene oxide (Winder, GA) and 1,4-dioxane surfactant regulationmedium
Increasingly stringent U.S. regulation of human exposure to ethylene oxide (used at Stepan's Winder, Georgia plant) could require material expenditures or manufacturing changes, while New York and proposed EU limits on 1,4-dioxane in ethoxylated surfactants could reduce demand as customers reformulate.
“increasingly stringent regulation of human exposure to ethylene oxide by regulatory authorities in the United States could require material expenditures or changes in our manufacturing operations. The Company uses ethylene oxide at its Winder, Georg”
SEC filing →As of 2026
The hidden graph
Who it depends on, and who depends on it.
Relationships surfaced from filings, including ones disclosed by the other side, which is how the non-obvious ones come to light.
Its suppliers
Masurf, Inc. (subsidiary of Musim Mas Holdings Pte. Ltd.)
“the Company completed the sale of its Stepan Philippines Quaternaries, Inc. (SPQI) manufacturing assets located in Bauan, Batangas, Philippines to Masurf, Inc, a subsidiary of Musim Mas Holdings Pte. Ltd. As part of the transaction, SPQI entered into a tolling agreement with Masurf, Inc. for the continued service of SPQI customers in Southeast Asia.”
Cited →
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