NewMarket Corporation (NYSE: NEU), is a publicly traded American company that primarily serves the petroleum additives industry. The company is based in Richmond, Virginia, and has operations in North America, Latin America, Europe, the Middle East and Asia Pacific. The company's predecessor, the Albemarle Paper Manufacturing Company, was founded in 1887.[2]
NewMarket Corporation employs more than 2,100 employees [3] across its global operations, with an annual revenue of more than $2 billion.[4] The primary business of the company and its subsidiaries is the development, manufacturing, blending and global marketing of fuel and oil additives.[5]
Businesses
NewMarket Corporation produces lubricant and fuel additives through two subsidiaries: