Type | Public |
---|---|
NYSE: SCL S&P 600 Component | |
Industry | Chemicals |
Founded | 1932 |
Founders | Alfred C. Stepan, Jr. [1] |
Revenue | US$1.925 billion(2017) [2] |
US$146.2 million(2017) [2] | |
US$91.6 million(2017) [2] | |
Total assets | US$1.471 billion(2017) [2] |
Total equity | US$741.1 million(2017) [2] |
Number of employees | 2,096 (2017) [2] |
Website | www |
Stepan Company is a manufacturer of specialty chemicals headquartered in Northbrook, Illinois. The company was founded in 1932 by Alfred C. Stepan, Jr., [1] and has approximately 2,000 employees. It is currently run by his grandson, F. Quinn Stepan, Jr. The company describes itself as the largest global merchant manufacturer of anionic surfactants, which are used to enhance the foaming and cleaning capabilities of detergents, shampoos, toothpastes, and cosmetics. [3]
In its earliest days, Stepan Company was just Alfred C. Stepan Jr., who began distributing chemical products to control road dust on country roads in Illinois. His first location was a rented desk at Chicago’s North Pier Terminal. [4]
Stepan produces a wide array of industrial chemicals used as raw materials to make end products in the following industries: Agriculture, Antimicrobial, Beverages, Construction, Dietary Supplements, Emulsion Polymerization, Flavors, Food, Household, Institutional, and Industrial Cleaning, Industrial Products, Laundry and Cleaning, Nutrition, Nutritional Powders, Oilfield, Personal Care, Pharmaceutical, Phthalic Anhydride, and Polyester Polyols (for coatings, adhesives, sealants, elastomers, powder coating resins, and rigid foam). [5]
Coca-Cola includes a coca leaf extract as an ingredient prepared by a Stepan Company plant in Maywood, New Jersey. [6] The facility, which had been known as the Maywood Chemical Works, was purchased by Stepan in 1959. [7] The plant is the only commercial entity in the United States authorized by the Drug Enforcement Administration to import coca leaves, which come primarily from Peru via the National Coca Company. Approximately 100 metric tons of dried coca leaf are imported each year. The cocaine-free extract is sold to The Coca-Cola Company for use in soft drinks, while the cocaine is sold to Mallinckrodt, a pharmaceutical firm, for medicinal purposes. [8]
Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton in Atlanta, Georgia. In 1888, Pemberton sold Coca-Cola's ownership rights to Asa Griggs Candler, a businessman, whose marketing tactics led Coca-Cola to its dominance of the global soft-drink market throughout the 20th and 21st century. The drink's name refers to two of its original ingredients: coca leaves and kola nuts. The current formula of Coca-Cola remains a closely guarded trade secret; however, a variety of reported recipes and experimental recreations have been published. The secrecy around the formula has been used by Coca-Cola in its marketing as only a handful of anonymous employees know the formula. The drink has inspired imitators and created a whole classification of soft drink: colas.
Cocaine is a central nervous system (CNS) stimulant mainly used recreationally for its euphoric effects. It is primarily obtained from the leaves of two Coca species native to South America, Erythroxylum coca and Erythroxylum novogranatense. After extraction from coca leaves and further processing into cocaine hydrochloride, the drug is often snorted, applied topically to the mouth, or dissolved and injected into a vein. It can also then be turned into free base form, in which it can be heated until sublimated and then the vapours can be inhaled. Cocaine stimulates the reward pathway in the brain. Mental effects may include an intense feeling of happiness, sexual arousal, loss of contact with reality, or agitation. Physical effects may include a fast heart rate, sweating, and dilated pupils. High doses can result in high blood pressure or high body temperature. Effects begin within seconds to minutes of use and last between five and ninety minutes. As cocaine also has numbing and blood vessel constriction properties, it is occasionally used during surgery on the throat or inside of the nose to control pain, bleeding, and vocal cord spasm.
Stevia is a natural sweetener and sugar substitute derived from the leaves of the plant species Stevia rebaudiana, native to Paraguay and Brazil.
Coca is any of the four cultivated plants in the family Erythroxylaceae, native to western South America. Coca is known worldwide for its psychoactive alkaloid, cocaine.
Root beer is a sweet North American soft drink traditionally made using the root bark of the sassafras tree Sassafras albidum or the vine of Smilax ornata as the primary flavor. Root beer is typically but not exclusively non-alcoholic, caffeine-free, sweet, and carbonated. Like cola, it usually has a thick and foamy head. A well-known use is to add vanilla ice cream to make a root beer float.
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials into more than 70,000 different products. The plastics industry contains some overlap, as some chemical companies produce plastics as well as chemicals.
The term kola nut usually refers to the seeds of certain species of plant of the genus Cola, placed formerly in the cocoa family Sterculiaceae and now usually subsumed in the mallow family Malvaceae. These cola species are trees native to the tropical rainforests of Africa. Their caffeine-containing seeds are used as flavoring ingredients in beverages applied to various carbonated soft drinks, from which the name cola originates.
Maywood is a borough in Bergen County, in the U.S. state of New Jersey. As of the 2010 United States Census, the borough's population was 9,555, reflecting an increase of 32 (+0.3%) from the 9,523 counted in the 2000 Census, which had in turn increased by 50 (+0.5%) from the 9,473 counted in the 1990 Census.
The Coca-Cola Company's formula for Coca-Cola syrup, which bottlers combine with carbonated water to create the company's flagship cola soft drink, is a closely guarded trade secret. Company founder Asa Candler initiated the veil of secrecy that surrounds the formula in 1891 as a publicity, marketing, and intellectual property protection strategy. While several recipes, each purporting to be the authentic formula, have been published, the company maintains that the actual formula remains a secret, known only to a very few select employees.
Coca eradication is a strategy promoted by the United States government starting in 1961 as part of its "War on Drugs" to eliminate the cultivation of coca, a plant whose leaves are not only traditionally used by indigenous cultures but also, in modern society, in the manufacture of cocaine. The strategy was adopted in place of running educational campaigns against drug usage. The prohibitionist strategy is being pursued in the coca-growing regions of Colombia, Peru, and formerly Bolivia, where it is highly controversial because of its environmental, health and socioeconomic impact. Furthermore, indigenous cultures living in the Altiplano, such as the Aymaras, use the coca leaf in many of their cultural traditions, notably for its medicinal qualities in alleviating the feeling of hunger, fatigue and headaches symptomatic of altitude sicknesses. The growers of coca are named Cocaleros and part of the coca production for traditional use is legal in Peru, Bolivia and Chile.
Lecithin is a generic term to designate any group of yellow-brownish fatty substances occurring in animal and plant tissues which are amphiphilic – they attract both water and fatty substances, and are used for smoothing food textures, emulsifying, homogenizing liquid mixtures, and repelling sticking materials.
Clandestine chemistry is chemistry carried out in secret, and particularly in illegal drug laboratories. Larger labs are usually run by gangs or organized crime intending to produce for distribution on the black market. Smaller labs can be run by individual chemists working clandestinely in order to synthesize smaller amounts of controlled substances or simply out of a hobbyist interest in chemistry, often because of the difficulty in ascertaining the purity of other, illegally synthesized drugs obtained on the black market. The term clandestine lab is generally used in any situation involving the production of illicit compounds, regardless of whether the facilities being used qualify as a true laboratory.
Asa Griggs Candler was an American business tycoon and politician who in 1888 purchased the Coca-Cola recipe for $238.98 from chemist John Stith Pemberton in Atlanta, Georgia. Candler founded The Coca-Cola Company in 1892 and developed it as a major company.
Coca tea, also called mate de coca, is an herbal tea (infusion) made using the raw or dried leaves of the coca plant, which is native to South America. It is made either by submerging the coca leaf or dipping a tea bag in hot water. The tea is most commonly consumed in the Andes mountain range, particularly Argentina, Bolivia, Colombia, Ecuador and especially in Peru, where it is consumed all around the country. It is greenish yellow in color and has a mild bitter flavor similar to green tea with a more organic sweetness.
Balsam of Peru or Peru balsam, also known and marketed by many other names, is a balsam derived from a tree known as Myroxylon balsamum var. pereirae; it is found in El Salvador, where it is an endemic species.
Mallinckrodt Pharmaceuticals is an American-Irish domiciled manufacturer of specialty pharmaceuticals, generic drugs and imaging agents. In 2017 it generated 90% of its sales from the U.S. healthcare system. While Mallinckrodt is headquartered in Ireland for tax purposes, its operational headquarters are in the U.S. Mallinckrodt's 2013 tax inversion to Ireland drew controversy when it was shown Acthar was Medicaid's most expensive drug.
Coca Colla is an energy drink produced in Bolivia with the use of coca extract as its base. It was launched on the Bolivian market in La Paz, Santa Cruz and Cochabamba in April of 2010. Both the name and ingredients are similar to Coca-Cola. The release of this product is part of the process of the industrialization of coca followed by the Morales Administration. The "Colla" component of the name comes from Qullasuyu, the southern area of the Inca empire which included the western part of Bolivia. The term Qulla is nowadays used to name the Aymara and Quechua, indigenous people of Bolivia which make a traditional use of coca leaves.
Sheffield Pharmaceuticals is a manufacturer of over the counter pharmaceutical products to retailers in the United States. It manufactures and sells products both under its own labels and privately for other companies, and is an FDA registered cGMP facility. The company was founded in 1880 as the Sheffield Dentifrice Company by Washington Sheffield, the inventor of modern toothpaste.
The food industry of Russia is a branch of industry in Russia.
The National Company of the Coca is a Peruvian state company dedicated to the commercialization of the coca leaf and derivatives. It is the only state company that has a monopoly on the commercialization and derivatives of the coca leaf. It was created in 1949. In 1982, it became a state company under private law.