NewMarket Corp - Company Profile

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NewMarket Corp: Overview

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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.

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Headquarters United States of America
Address 330 S Fourth St, Po Box 2189, Richmond, Virginia, 23218-2189
Website www.newmarket.com
Telephone 1 804 7885570
No of Employees 2,000
Industry Chemicals
Ticker Symbol & Exchange NEU (NYSE)
Revenue (2023) $2.7B -2.4% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ 39.1% (2023 vs 2022)
Market Cap* $5.6B
Net Profit Margin (2023) XYZ 42.5% (2023 vs 2022)
* As of and is in US$
View NewMarket Corp financials
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NewMarket Corp premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on NewMarket Corp’s likely spend across technology areas enabling you to understand the digital strategy.

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
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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.
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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
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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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