NEU 📈 NewMarket - Overview

NewMarket Corporation is a specialty chemicals company that operates through its subsidiaries, primarily focusing on the manufacture and sale of petroleum additives. These additives are designed to enhance the performance and durability of various industrial and vehicle applications, including engine oils, transmission fluids, and hydraulic systems. The company's product portfolio includes lubricant additives for use in engine oils, gear oils, turbine oils, and other applications where metal-to-metal moving parts are utilized, which helps to reduce wear and tear, and improve overall efficiency.

The company's offerings also include engine oil additives designed for a range of applications, from passenger cars and motorcycles to heavy-duty commercial equipment, locomotives, and engines in ocean-going vessels. Additionally, NewMarket Corporation provides driveline additives for products such as transmission fluids, axle fluids, and off-road powertrain fluids, as well as industrial additives for hydraulic fluids, grease, industrial gear fluids, and other specialty applications. This diverse range of products enables the company to cater to a broad customer base, including industry, government, original equipment manufacturers, and individual customers.

Furthermore, NewMarket Corporation offers fuel additives that are used to enhance the oil refining process and the performance of various fuels, including gasoline, diesel, biofuels, and other specialty fuels. The company also engages in the marketing of antiknock compounds, which are used to improve the octane rating of fuels, as well as contracted manufacturing and services activities. Its global presence is supported by operations in North America, Latin America, Asia Pacific, Europe, the Middle East, Africa, and India, allowing the company to serve customers worldwide.

With a history dating back to 1887, NewMarket Corporation has established itself as a leading player in the specialty chemicals industry. The company is headquartered in Richmond, Virginia, and owns and manages a real property in the state. Its common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol NEU, and its ISIN is US6515871076. As a specialty chemicals company, NewMarket Corporation is classified under the GICS Sub Industry: Specialty Chemicals, reflecting its focus on the development and manufacture of specialized chemical products.