Stepan Company (SCL) 2014年年度报告「NYSE」.pdf

1、12014 Annual ReportOPERATIONAL EXCELLENCE STRATEGIC INVESTMENTSINNOVATIONStepanAnnReport-2014.indd 1StepanAnnReport-2014.indd 13/13/15 9:59 AM3/13/15 9:59 AMStepan at a GlanceProduction FacilitiesAnaheim,California Columbus,Georgia Fieldsboro,New Jersey Maywood,New Jersey Millsdale,IllinoisWinder,Ge

2、orgia Longford Mills,Ontario,CanadaManizales,Colombia Matamoros,MexicoVespasiano,BrazilStalybridge,United Kingdom Voreppe,France Wesseling,GermanyWroclaw,PolandBauan,Batangas,Philippines Nanjing,China(2016)SingaporeTable of ContentsShareholders Letter 5Core Components ofStepans Strategy 7Using Stepa

3、n Products 11Five Year Summary 12Quarterly Financial Data 13Directors&Offi cers 14Corporate Information 152SURFACTANTSA surfactant is a surface active agent that changes a liquid s surface tension.Surfactants are the basic cleaning agent in consumer and industrial cleaning products such as detergent

4、s for washing clothes,dishes,carpets,fl oors,walls,as well as shampoos,body washes and toothpastes.Other applications include fabric soft eners,lubricating ingredients,emulsifi ers for spreading agricultural products,and industrial applications such as latex systems,plastics and composites.Total sur

5、factant sales represent 67 percent of Stepan s 2014 sales or$1,296,638,000 versus$1,317,164,000 in 2013.Th e decrease in sales was due to an 8 percent decline in sales volume,partially off set by higher average selling prices.Domestic surfactant operations,representing 57 percent of surfactants,reco

6、gnized a$9.7 million,or 1 percent,decrease in sales on an 11 percent decline in sales volume.Foreign operations representing 43 percent of surfactants,reported a$10.8 million,or 2 percent,decrease in sales due to a 4 percent decline in sales volume.POLYMERSTh e polymer product group includes polyest