Luis. you, Thank
world customers' continued for mind. more our slides strategic capture and another delivering addition to priorities. a quarter, strategic vision In we preferences energy-efficient The our priorities in with X to our healthier following advance cleaner, record and
to Our a be chemicals Stepan. diversification into products, key functional agricultural priority strategy including and continues for oilfield
for double year. of per increased elevated strong agricultural planted driving are exports Our oilfield, remain coupled in on for $XXX at in in impact products volumes elevated quarter acreage robust our increased commodity High crude crop digits planted including and a also volumes acreage remains quarter. with currency agricultural Demand increased the favorable this second biocides North commodity around XXXX, strong prices a global protection as agricultural sales while second Brazil. drove in in Oilfield prices, season barrel. increased America, used in prices the
product planning prices the We production second continue chemicals. elevated We relaunch line, chain business the supply KMCO encourage integration with crude opportunities which of the should use stimulation in future production plan increased and half year. the of to of as remain Demulsifier in and this optimistic we and about this oil Oilfield
be continues plant our X of Millsdale priorities. key to Our
are We and see benefits starting the investments efforts and we investments expect and continue to improve de-bottlenecking year, projects. reliability capacity These year. productivity accelerating from our and to through to next investments will increase throughout
including capacity. new state-of-the-art multi-reactor alkoxylate flexible growth strategically long-term XX. our on It investment will continues provide located Work construction Slide end our a oilfield, in of it and major strategic will XX,XXX agriculture, capacity with facility a provide -- institutional household production Pasadena, be cleaning. approximately to alkoxylation for in facility tons Moving strategic markets, growth asset capability and will This across and Texas. annual specialty
due also will projected very previously project supply strong XXXX. the to business be and current the the confident projections. the underlining grew tight of and that of double the the higher. first remain original investment XX% quarter investment about inflation be above is and digits chain to in We disruptions facility start-up mentioned, labor at into our And now margins of Given market, Pasadena cost excited Pasadena. The alkoxylation Pasadena total cost supports disruptions delayed and
we by regulatory X,X-dioxane either and capability and XXXX formulations. know, that these increasing to in you the either which sulfates working requirements. to cleaning Stepan of capacity product meet Surfactants, used are sulfate As is manufacture North ingredients January meet in with on produce American is limits consumer generated customers minor deadline. key the byproduct new X,X-dioxane are foaming supply a regulatory that new either sulfates
Given and acquisition remain the strength with that of a our align diversification growth balance strategy, sheet, opportunities priority. our
about excited are our product platform. our fermentation progress in We
of Rondel field. end and chemicals, product bio-based believe new significant Stepan, Our development agricultural We priority several our this oil including biosurfactant in and for the care first family personal markets offering. anticipated cleaning, remains consumer commercialization has lipids, important opportunities
in start good later to development, February in laboratory, the samples to new expect and providing in make year. Our regards we process to opened fermentation which to continues progress customers
around delivering resiliency the we comments second proud inflationary quarter, half up on wrap the and the we the record by despite and effort quarter of earnings teamwork results, employees challenging team's continued first I am As and of driven record in supply impacts. our our globe. delivered environment
surfactant and functional we will oilfield including pricing continue favorable commodity within the agricultural volume current forward, Looking product markets, environment. growing end the believe given that
markets. in institutional cleaning We also expect personal to care continue growing the end and
the remain and year year. for continue future stringent consumer Within forecasting will over more Polymers prior Rigid especially when to levels. The and efforts around prospects healthy the demand business, attractive, full energy considering Polyols growth believe codes. deliver building we we products conservation our We remain current
Specialty believe we the within inflationary segment in headwinds year-over-year supply and basis. challenges business. In as our pressures external our chain that improve remain will Lastly, clearly continue will to results Products a closing, on
for instructions balance to time, we for cautiously question call this of prepared At year. Carlos, are we please review like the optimistic the of over the would remarks. the However, the about our concludes This turn portion call. today's questions.
