NewMarket (ASX: NEU) — Company Overview, News & Financial Data
NewMarket develops performance chemicals, focusing on additives for petroleum products to enhance efficiency and sustainability in the market.
NewMarket
NewMarket is a parent company that operates in the petroleum additives and specialty chemicals industry through its primary subsidiaries, Afton Chemical Corporation and Ethyl Corporation, as well as American Pacific Corporation. The company develops, manufactures, formulates, and blends specialized chemical additives designed to enhance the performance of fuels and lubricants. Its product portfolio includes engine oil additives, drivetrain additives, industrial lubricant additives, and gasoline and diesel fuel additives. Headquartered in Richmond, Virginia, NewMarket serves global automotive, industrial, and energy customers across North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region.
Snapshot
Operations
Products and/or services of NewMarket
- Engine Oil Additives: Formulations for passenger car, heavy-duty diesel, and motorcycle engines that reduce friction, protect against wear, mitigate sludge build-up, and meet global OEM performance specifications across automotive manufacturing markets.
- Drivetrain and Transmission Additives: Specialized chemical formulations engineered for automatic transmission fluids, manual transmissions, gear oils, and off-highway equipment components to provide thermal stability, corrosion protection, and smooth friction control across heavy vehicle systems.
- Fuel Additives and Performance Enhancers: Specialty chemical blends designed for gasoline, diesel, and bio-fuels that improve fuel economy, clean engine injectors, reduce exhaust emissions, protect fuel system components, and maintain deposit control in internal combustion engines.
- Industrial Lubricant Additives: Chemical additive packages tailored for hydraulic fluids, industrial gear oils, metalworking fluids, turbine oils, and grease applications, providing anti-wear protection, oxidation stability, rust inhibition, and extended equipment operational lifespan.
- Contract Manufacturing and Antiknock Compounds: Custom chemical synthesis and contracted chemical manufacturing services, including the formulation, blending, and distribution of tetraethyl lead antiknock compounds for aviation gasoline and specialized global fuel applications.
- Defense and Specialty Energetic Materials: Synthesis and production of specialty chemicals, energetic materials, oxidizers, and propulsion components utilized in defense, aerospace, and commercial safety systems, operating across dedicated manufacturing and technical facilities in North America.
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