NEU
- NewMarket Corporation
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Overview
Company Summary
NewMarket Corporation is a company that operates in the specialty chemicals industry. It is primarily engaged in the development, manufacturing, and sales of chemical additives and other materials used in various industries such as petroleum, lubricant, construction, and packaging.
NewMarket specializes in creating innovative solutions and products that enhance the performance, efficiency, and sustainability of its customers' end products. They focus on four core segments: petroleum additives, performance chemicals, lubricant additives, and asphalt additives.
In the petroleum additives segment, NewMarket offers a range of fuel additives and refinery chemicals. These additives improve the performance and efficiency of fuels, enhance engine performance, and protect against corrosion and wear.
The performance chemicals segment includes specialty chemicals used in various industries such as plastics, agriculture, electronics, and textiles. Their products provide functionalities like flame retardancy, UV protection, biocides, and corrosion inhibitors.
NewMarket's lubricant additives segment produces chemicals that enhance the performance, durability, and stability of lubricants, reducing friction and wear on mechanical systems. These additives find applications in automotive, industrial, and commercial lubricants.
Additionally, NewMarket manufactures asphalt additives used in road construction and maintenance. These additives improve the durability, flexibility, and performance of asphalt pavements, making them last longer and endure harsh environmental conditions.
In summary, NewMarket Corporation specializes in manufacturing specialty chemicals used in petroleum, lubricant, construction, and packaging industries, offering innovative solutions to enhance product performance, efficiency, and sustainability.