NewMarket Corporation

NewMarket Corporation
Company typePublic
NYSENEU
S&P 400 Component
IndustryChemicals
Founded1887 (as Albemarle Paper Manufacturing Company)
HeadquartersRichmond, Virginia, U.S.
Area served
Worldwide
Key people
Thomas E. Gottwald (Chairman, CEO), William J.Skrobacz (CFO)
ProductsPetroleum Additives
RevenueIncrease US$2.765 billion (2022)
Increase US$355.139 million (2022)
Increase US$279.538 million (2022)
Total assetsDecrease US$2.407 billion (2022)
Total equityIncrease US$762.407 million (2022)
Number of employees
2,104 [citation needed] (2021)
Websitenewmarket.com
Footnotes / references
[1]

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]

  1. ^ "NewMarket Corporation 2022 Form 10-K". www.sec.gov. Retrieved June 22, 2023.
  2. ^ Thomas, Ella (1961). Reports of the Tax Court of the United States, Volume 35. Washington, D.C.: United States Government Printing Office. p. 438. Retrieved June 22, 2023.
  3. ^ [citation needed]
  4. ^ "NewMarket Corporation 2022 Form 10-K". www.sec.gov. Retrieved June 22, 2023.
  5. ^ "NewMarket Corp". Retrieved January 15, 2015.