Ingevity (NYSE:NGVT), traded as NGVT, is a specialty chemicals and performance materials company headquartered in North Charleston, South Carolina. The company operates two primary business units: Performance Chemicals and Performance Materials. The Performance Chemicals segment produces and markets specialty chemicals derived largely from wood and other natural feedstocks, including rosin acids, tall oil fatty acids and esters, as well as specialty petroleum resins. These products serve a broad range of industries, including paper, adhesives, coatings, oilfield drilling and consumer goods.
The Performance Materials segment develops and manufactures activated carbon products and composites for applications such as automotive emissions control, industrial air and water purification, and spill containment. Ingevity’s activated carbon solutions are designed to capture volatile organic compounds and other pollutants, while its composite materials offer enhanced strength and resistance for demanding environments. The company leverages proprietary technologies to customize sorbents, absorbents and filtration media to meet specific customer requirements.
Ingevity was formed in 2016 through the spin-off of the Specialty Chemicals division of MeadWestvaco Corporation, enabling the company to focus on innovation and growth in high-value chemistry markets. Since its inception, Ingevity has expanded its global presence with manufacturing facilities and sales offices across North America, Europe and Asia, serving a diversified customer base in more than 30 countries. The company employs approximately 1,900 people worldwide, working to deliver sustainable solutions derived from renewable and recycled raw materials.
Leadership at Ingevity is centered on President and Chief Executive Officer John C. Fortson, who has guided the company since its spin-off. Under his direction, Ingevity has pursued strategic investments in research and development, as well as targeted acquisitions to enhance its technology portfolio and expand its market reach. The company emphasizes sustainability in its operations, seeking to minimize environmental impact while delivering high-performance products to its global customers.
