Stepan Reports Record Second Quarter Results and Record …

Net sales in the second quarter of 2022 increased 26% year-over-year primarily due to higher selling prices that were mainly attributable to the pass-through of higher raw material and logistics costs and improved product and customer mix. These higher average selling prices were partially offset by a 1% decrease in global sales volume and the unfavorable impact of foreign currency translation. Volume (1) % Selling Price & Mix 32%