Ingevity Corp

Ingevity Corporation (NYSE: NGVT) operates as a specialty materials company providing products and technologies that purify, protect, and enhance applications across automotive, filtration, construction, and advanced materials markets. The company maintains its website at www.ingevity.com and traces its origins to 1964 as part of Westvaco Corporation's operations before separating as an independent public company in May 2016.

The company operates through three reportable segments. Performance Materials generates approximately 60 percent of revenue through hardwood-based activated carbon products primarily used in automotive gasoline vapor emission control systems for internal combustion and hybrid electric vehicles, as well as filtration applications for food, beverage, water, and chemical purification. Performance Chemicals contributes roughly 40 percent of revenue through pavement technologies products including warm mix asphalt additives and emulsifiers for road construction, preservation, and recycling, along with road marking solutions and agrochemical dispersants. Advanced Polymer Technologies represents approximately 16 percent of revenue through caprolactone-based specialty polymers for coatings, resins, elastomers, adhesives, bioplastics, and medical applications.

In 2025, the company generated total net sales of approximately $1.17 billion across its continuing operations. Ingevity employs approximately 1,500 people globally, with roughly 74 percent based in the United States. The company operates manufacturing facilities across multiple locations including three Performance Materials plants in the U.S. and two in China, five Performance Chemicals plants in the U.S., and one Advanced Polymer Technologies facility in the United Kingdom.

The company serves approximately 65 automotive customers, 600 pavement technology customers across 60 countries, 200 road marking customers in North America, and 200 Advanced Polymer Technologies customers globally. Key customers include major automotive suppliers and infrastructure contractors. Ingevity's competitive advantages derive from decades of technical expertise in activated carbon production, proprietary warm mix asphalt technologies including the Evotherm brand, and caprolactone polymer innovations supported by numerous global patents and trademarks. The company emphasizes sustainability through renewable material sourcing and products enabling environmental benefits such as pavement recycling and emissions reduction.