Stepan and Nalco Create First Integrated Enhanced Oil Recovery Platform

Stepan Company (NYSE: SCL) and Nalco Holding Company (NYSE: NLC) announced today the formation of a joint venture to globally market custom engineered chemical solutions for increased production of crude oil and gas from existing fields. The dramatic increase in the price of crude oil has created renewed interest in enhanced oil recovery (EOR) technologies.Operating under the Tiorco brand, the joint venture provides an integrated sales and service channel that benefits from Nalco's extensive reach in global upstream energy markets, its recently acquired EOR polymer and reservoir expertise and Stepan's global surfactant technology and manufacturing capabilities. Tiorco will also serve as a primary sales and engineering service channel for Nalco's BrightWater(R) Reservoir Efficiency Technology.The joint venture will be equally owned and controlled by Nalco and Stepan.

Stepan Company New Product Introduction - STEPAN-MILD® GCC 

STEPAN-MILD® GCC, is a 100% active, natural food-grade thickener for liquid cleansing personal care applications that offers comparable viscosity and foam enhancement versus traditional thickeners.

Stepan Announces Sale of Commodity Urethane System Product Line

Aug. 1, 2008 - Stepan Company today announced the sale of select product lines within its urethane system business to Bayer MaterialScience LLC. The product lines that were sold are insulation materials used in appliances, water heaters, doors, roofs, picnic coolers and similar applications.