Northfield, Illinois - Stepan, whose portfolio includes speciality polyols, generated $675.3m in sales the first quarter of 2022. This is up 25.6% on the same period last year. Operating income across the business rose 17.4% to $63.3m in the quarter. In the company's polymers business, which includes polyols, sales rose by 24.8% between the first quarter of 2021 and the first quarter of 2022, at $1877m. This compares with $150.4m in the 2021 period. Operating income in the division fell 21.2% to $14.1m, down from $18m in the 2021 quarter.
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