What is NewMarket Corporation?
NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives.
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NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. It offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, greases, industrial gear fluids, and industrial specialty applications comprising turbine oils. The company is listed on the NYSE in USA, operating in the Basic Materials sector, with a market capitalisation of 8.20B, and a P/E ratio of 19.2x.
A short list of Specialty Chemicals names that are close enough in size to make side-by-side comparison useful.