NORTHFIELD, Ill., Dec. 10, 2010 /PRNewswire-FirstCall/ -- Stepan Company (NYSE: SCL) is pleased to announce that on December 4, 2010, the Company presented its Alfred C. Stepan, Jr. Award for Innovation to employee, Joseph Rongione. As a Research Associate at Stepan, Joe developed a process for reducing byproducts and improving processing time and yields within the Company's Specialty Products – Food Ingredients business at Maywood, New Jersey. The Company's Alfred C. Stepan, Jr. Award for Innovation is intended to recognize those who bring creativity and innovative thinking forward resulting in a significant commercial success. It is the highest honor that Stepan confers on its employees.
Except for historical information, all other information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these uncertainties are described in Stepan Company's Form 10-K, Form 8-K and Form 10-Q reports and exhibits to those reports, and include (but are not limited to), prospects for our foreign operations, foreign currency fluctuations, certain global and regional economic conditions, the probability of future acquisitions and the uncertainties related to the integration of acquired businesses, the probability of new products, the loss of one or more key customer or supplier relationships, the costs and other effects of governmental regulation and legal and administrative proceedings, and general economic conditions. These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Stepan Company