NewMarket Corporation is a specialty chemicals company that develops, manufactures and supplies fuel and lubricant additives and related technologies for global markets. Through its principal subsidiary, Afton Chemical Corporation, NewMarket offers a broad portfolio of performance solutions designed to enhance the efficiency, reliability and environmental performance of modern engines and fuel systems. The company’s products cater to automotive, industrial, marine and power generation segments, enabling manufacturers and end-users to meet evolving emissions standards and performance requirements.
Afton Chemical’s fuel additives include advanced detergents, deposit control agents, friction modifiers and cold-flow improvers that optimize combustion, reduce engine wear and support lower emissions. In the lubricants arena, NewMarket provides multifunctional additives such as dispersants, antioxidants, antiwear agents and viscosity index improvers for engine oils, driveline fluids and industrial lubricants. Complementing its product offerings are technical services in formulation support, engine testing and regulatory compliance advisory to help customers address regional fuel specifications and sustainability goals.
Founded in 1924 as Ethyl Gasoline Corporation to commercialize tetraethyl lead as an antiknock additive, the company evolved over decades into a diversified specialty chemicals provider. In 2005 it adopted the NewMarket Corporation name to reflect its broader portfolio beyond lead-based fuel additives. Headquartered in Richmond, Virginia, NewMarket maintains manufacturing sites and research centers across North America, Europe and Asia-Pacific, serving customers in more than 100 countries through direct sales forces and distribution partners.
NewMarket’s leadership team is headed by President and Chief Executive Officer Thomas J. Gottwald, under whose direction the company has focused on innovation, operational excellence and sustainable growth. Supported by an experienced executive management group overseeing global operations, research and development, and commercial activities, NewMarket continues to invest in new additive technologies and strategic expansions to reinforce its position as a trusted partner to the fuels and lubricants industries.
AI Generated. May Contain Errors.