Musim Mas to Acquire Manufacturing Facility of Stepan Philippines

Musim Mas, one of the major players in the oleochemicals industry, announced on May 27 that its subsidiary Masurf Inc. has entered into an agreement to acquire a manufacturing facility located in Bauan, Batangas province, Philippines from one of Stepan Company subsidiaries, Stepan Philippines Quaternaries, Inc. (SPQI). The transaction is subject to normal closing conditions. 

This acquisition will strengthen Musim Mas’ presence by broadening its surfactant portfolio and is expected to enhance Musim Mas Group’s capabilities to meet growing market demands for high-quality surfactant products for industries such as personal care, home care, and other industrial applications. John Hall, Global Business Oleochemicals Managing Director, said “This acquisition marks an important milestone in our strategic vision to offer a comprehensive and sophisticated range of surfactant solutions. With a key focus on fabric softeners and other essential surfactants, this new facility allows us to better serve our customers while pursuing our commitment to sustainable growth and partnership.” 

Aligned with Musim Mas’ vision of enhancing oleochemicals portfolio, the acquisition creates synergy across its surfactants value chain. By leveraging advanced manufacturing technologies at this new facility, Musim Mas aims to deliver superior-quality surfactant ingredients that align with the evolving needs of customers across diverse sectors. Moreover, through this acquisition, the company reinforces its commitment to responsible innovation by producing sustainable surfactant solutions with sustainability at the core of the company’s operations.