Stepan Co.’s chemical project in La Porte approved for tax incentives deal

The Texas comptroller has approved a tax incentives deal worth millions of dollars for Illinois-based Stepan Co. (NYSE: SCL).

The incentive would support a $202.9 million project Stepan is considering that would would construct an alkoxylation facility in La Porte. The facility would produce chemicals used to make certain home consumer products like detergent, hard-surface cleaners, disinfectants and more, according to Stepan’s incentive application.

The tax incentive the company sought came…


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