NewMarket Corp

NewMarket Corp, with its incorporation dating back to 1887, has established its headquarters in Richmond, Virginia, in the United States. It operates mainly in the petroleum additives industry, specializing in the production of additives for both lubricants and fuels. The company's operations are divided into two principal segments: Lubricant Additives and Fuel Additives. The Lubricant Additives segment is dedicated to the development, manufacturing, and marketing of additive products for a variety of oils including engine, transmission, gear, and hydraulic oils, among other applications. On the other hand, the Fuel Additives segment handles the innovation and supply of additives designed to enhance the performance of diesel and gasoline by improving fuel economy, decreasing emissions, amplifying power, amongst other benefits. Under the umbrella of NewMarket Corp are key brands such as Afton Chemical and Ethyl Corporation. Afton Chemical is recognized globally for its role in the development and distribution of petroleum additives, while Ethyl Corporation has established a name for itself in the manufacturing, blending, and delivery of additive products. NewMarket Corp's reach extends across international borders, selling products and services to clients in diverse regions including North America, Europe, Asia, and South America. The widespread adoption of the Afton Chemical and Ethyl Corporation brands demonstrate the global penetration and influence of NewMarket Corp in the petroleum additives market. (Powered by AI)