NewMarket Corp - Company Profile
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NewMarket Corp (NewMarket) is a holding company that offers specialty chemicals and petroleum additives through its subsidiaries. The company manufactures and distributes petroleum additives, including lubricant additives and fuel additives. It offers a diverse range of additives including engine oil, driveline, industrial, gasoline performance, diesel fuel performance, cetane improvers, stabilizers, corrosion inhibitors, octane enhancers and other additives. The company also offers tetraethyl lead and contracted manufacturing services. NewMarket serves major fuel marketers, refiners, independent terminals, other fuel blenders and oil companies. The company has its operations in North America, Latin America, Asia Pacific, Europe, the Middle East, India and Africa. NewMarket is headquartered in Richmond, Virginia, the US.
NewMarket Corp premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Fuel Additives | Administrative services | NewMarket |
Petroleum Additives | Contract manufacturing services | Afton Chemical |
Lubricant Additives | Ethyl | |
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 |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired AMPAC Intermediate Holdings, LLC. |
2023 | Others | In January, the company announced a new 56,808-square-foot lease at Class A office building Two Pierce Place in the Chicago suburb of Itasca, Illinois. |
2023 | Others | In January, the company secured four new leases on behalf of ERCT Capital Group at their Class A Broadacres Office Park. |
Competitor Comparison
Key Parameters | NewMarket Corp | The Lubrizol Corp | Clariant AG | Innospec Inc | Infineum International Ltd |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | Switzerland | United States of America | United Kingdom |
City | Richmond | Wickliffe | Muttenz | Englewood | Abingdon |
State/Province | Virginia | Ohio | Basel-Landschaft | Colorado | England |
No. of Employees | 2,000 | 8,800 | 10,690 | 2,400 | - |
Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Thomas E. Gottwald | Chief Executive Officer; Chairman; President | Executive Board | 2014 | 62 |
William J. Skrobacz | Vice President; Chief Financial Officer | Senior Management | 2023 | 63 |
Bruce R. Hazelgrove, III | Chief Administrative Officer; Executive Vice President | Senior Management | 2016 | 62 |
Bryce D. Jewett, III | General Counsel; Vice President | Senior Management | 2020 | 48 |
Cameron D. Warner, Jr. | Treasurer | Senior Management | - | 64 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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