NewMarket Corporation

NewMarket Corporation
Company typePublic
NYSE: NEU
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
Revenue US$2.765 billion (2022)
US$355.139 million (2022)
US$279.538 million (2022)
Total assets US$2.407 billion (2022)
Total equity US$762.407 million (2022)
Number of employees
2,104  (2021)
Websitenewmarket.com
Footnotes / references

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.

NewMarket Corporation employs more than 2,100 employees across its global operations, with an annual revenue of more than $2 billion. The primary business of the company and its subsidiaries is the development, manufacturing, blending and global marketing of fuel and oil additives.