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About NewMarket

NewMarket (NYSE:NEU) specializes in developing, manufacturing, and blending performance chemicals, particularly additives for petroleum products. Its primary operations include petroleum additives that enhance the performance of lubricating oils and fuels to improve vehicle and industrial equipment efficiency, reliability, and performance. NewMarket's projects span across a wide range of chemical manufacturing and research endeavors aimed at pushing the boundaries of additive technology. The company's objectives revolve around sustainable growth through innovation in chemical research, maintaining a strong market presence in the petroleum additives sector, and delivering high-quality products to a global customer base. Through strategic investments in research and development, NewMarket aims to address evolving market demands and environmental standards, positioning itself as a reliable partner in the performance chemicals industry.

What is NEU known for?

Snapshot

Public US
Ownership
1887
Year founded
146
Employees
Richmond, United States
Head office
1 of 424
US Rank
Unknown
Sector
N/A
Sector rank
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Operations

All Locations
Richmond, US

Products and/or services of NewMarket

  • Afton Chemical Corporation provides innovative fuel and lubricant additives that improve vehicle performance and equipment operation.
  • Ethyl Corporation delivers leading performance in fuel additives, known for quality and efficiency in various fuel applications.
  • Tetraethyl lead (TEL) production, historically critical for octane enhancement in gasoline, has phased out but remains a notable part of legacy operations.
  • NewMarket Services offers logistical and technical services ensuring efficient product delivery and customer support.
  • The company's research and development focuses on creating new chemical solutions that address current and future industry challenges.
  • Environmental and sustainability initiatives aimed at reducing the environmental impact of their operations and promoting sustainable practices.

NewMarket executive team

  • Mr. Thomas E. GottwaldChairman, President & CEO
  • Mr. Bruce R. Hazelgrove IIIExecutive VP & Chief Administrative Officer
  • Mr. Bryce Dickinson Jewett IIIExecutive VP & General Counsel
  • Mr. Brian D. PaliottiPresident of Afton Chemical Corporation
  • Mr. Timothy K. FitzgeraldVP, CFO & Interim Principal Accounting Officer
  • Ms. Anne-Marie AndersonSecretary

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