NEWMARKET CORP

NewMarket Corporation (NYSE: NEU) is a specialty chemicals holding company serving the global petroleum additives and aerospace defense markets. The company operates through two primary business segments: petroleum additives, represented primarily by subsidiary Afton Chemical Corporation, and specialty materials, represented by American Pacific Corporation (AMPAC) and Calca Solutions, LLC, which was acquired in October 2025. NewMarket also maintains antiknock compounds operations through Ethyl Corporation.

Afton Chemical is one of the world's largest lubricant and fuel additives manufacturers, developing highly formulated chemical solutions that enhance the performance of lubricating oils and fuels across automotive, industrial, and marine applications. The company's petroleum additives portfolio addresses three primary market areas: engine oil additives, driveline additives for transmissions and axles, and industrial additives for hydraulic systems and specialty applications. Afton maintains research and development capabilities with approximately 450 employees dedicated to formulation development and testing, supporting customers across North America, Europe, Asia, Africa, and South America.

The specialty materials segment produces ammonium perchlorate for solid rocket motors and missiles used in defense and space exploration programs, as well as Ultra Pure and high-purity hydrazine for satellite propulsion systems and aerospace applications. These products serve U.S. government agencies, contractors, and commercial space launch customers, with demand driven by governmental appropriations and space industry activity.

NewMarket employs approximately 2,050 people globally, with roughly 1,150 in the United States, 400 in Europe, Middle East, Africa, and India, 300 in Asia Pacific, and 200 in Latin America. The company maintains manufacturing facilities across multiple continents and holds approximately 1,400 issued or pending patents protecting its intellectual property. Key trademarks include Afton Chemical, HiTEC, Ultra Pure, and Halotron. The company's website is www.newmarket.com. NewMarket's business model emphasizes long-term customer relationships, technical differentiation, and compliance with stringent environmental and safety standards through certified management systems including ISO 14001 and Responsible Care certifications.