NewMarket Corp - Company Profile
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NewMarket Corp (NewMarket) is a holding company that provides strategic guidance and resources to its subsidiaries in the petroleum additives industry. The company's main activities include the development, manufacturing, and sale of petroleum additives and specialty materials. Its major products include lubricant and fuel additive packages, antiknock compounds, and specialty materials like perchlorates and hydrazine. The company's products serve a diverse range of customers, including oil companies, vehicle manufacturers, and government agencies, across various industries such as automotive, aerospace, and defense. It operates through a global distribution network, catering to markets in North America, Europe, Asia, Africa, and South America. NewMarket is headquartered in Richmond, Virginia, the US.
Headquarters
United States of America
Address
330 S Fourth St, Po Box 2189, Richmond, Virginia, 23218-2189
Website
www.newmarket.com
Telephone
1 804 7885000
No of Employees
2,050
Industry
Chemicals
Ticker Symbol & Exchange
NEU (NYSE)
Revenue (2024)
$2.7B
-2.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-9.4%
(2024 vs 2023)
Market Cap*
$7.1B
Net Profit Margin (2024)
XYZ
-7.4%
(2024 vs 2023)
* As of and is in US$
NewMarket Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Engine Oil Additives | Services | NewMarket |
| Transmission Fluids | Contract Manufacturing Services | AmericanPacific |
| Axle Fluids | Administrative Services | Afton Chemical |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company acquired Mars TopCo, LLC from AE Industrial Partners, LP. |
| 2025 | Contracts/Agreements | In September, the company entered into an agreement to acquire Mars TopCo, LLC. |
| 2025 | Corporate Changes/Expansions | In April, the company's subsidiary American Pacific Corporation (AMPAC) plans to expand its ammonium perchlorate production capabilities. |
Competitor Comparison
| Key Parameters | NewMarket Corp | The Lubrizol Corp | Albemarle Corp | Clariant AG | Innospec Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Switzerland | United States of America |
| City | Richmond | Wickliffe | Charlotte | Muttenz | Englewood |
| State/Province | Virginia | Ohio | North Carolina | Basel-Landschaft | Colorado |
| No. of Employees | 2,050 | 7,922 | 7,800 | 10,281 | 2,450 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas E. Gottwald | President; Chairman; Chief Executive Officer | Executive Board | 2014 | 65 |
| Bruce R. Hazelgrove, III | Chief Administrative Officer; Executive Vice President; Director | Executive Board | 2026 | 65 |
| Timothy K. Fitzgerald | Chief Financial Officer; Vice President | Senior Management | 2025 | 49 |
| Bryce D. Jewett III | Executive Vice President; General Counsel | Senior Management | 2025 | 51 |
| Brian D. Paliotti | President - Afton Chemical Corporation | Senior Management | 2023 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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