NEU Profile
ewMarket Corporation, headquartered in Richmond, Virginia, operates primarily in the petroleum additives sector through its subsidiaries. Established in 1887, the company specializes in providing a wide range of lubricant additives essential for various vehicle and industrial applications. These include engine oils, transmission fluids, hydraulic systems, gear oils, turbine oils, and other applications involving metal-to-metal moving parts. Additionally, NewMarket offers specialized additives for passenger cars, motorcycles, heavy-duty commercial equipment, locomotives, and marine engines.
In the industrial sector, NewMarket's additives are crucial components in hydraulic fluids, grease, industrial gear fluids, and other specialty applications like turbine oils. The company also plays a significant role in the fuel additives market, enhancing the refining process and improving the performance of gasoline, diesel, biofuels, and other fuels. Its clientele includes industry sectors, government agencies, original equipment manufacturers (OEMs), and individual customers across North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India.
Beyond its core additives business, NewMarket Corporation is involved in antiknock compounds and provides contracted manufacturing and related services. Additionally, the company manages real estate holdings in Virginia, further diversifying its portfolio. With a legacy spanning over a century, NewMarket continues to leverage its expertise in additives technology and manufacturing capabilities to meet evolving market demands and regulatory standards worldwide.
Headquartered strategically in Richmond, Virginia, NewMarket Corporation remains committed to innovation and sustainable practices in the petroleum additives industry. Its ongoing investments in research and development underscore its dedication to maintaining leadership in enhancing the performance and efficiency of lubricants and fuels across global markets.
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