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Home > Company Index > Chemicals > Specialty Chemicals > Ethyl Corporation

Ethyl Corporation
NYSE: EY
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 PROFILE
Ethyl Corporation's additives make vehicles run smoother. Ethyl's petroleum additives (over 95% of sales) are used in gasoline, heating oil, and other fuels to improve refining and performance, and as a lubricant in motor oil, fluids, and grease. Its other product, antiknock additive tetraethyl lead (TEL), is rapidly losing ground in markets where unleaded gas has taken over as a result of the automakers' compliance with the Clean Air Act. Equilon, ExxonMobil, and Penzoil-Quaker State are Ethyl's biggest customers. The company hopes to boost its TEL sales via an agreement with Octel (UK) to market TEL outside Europe and the US. CEO Bruce Gottwald and his family own about 25% of Ethyl.

 COMPETITION
ExxonMobil Chemical Company (dossier)
The Lubrizol Corporation (LZ)
Octel Corp. (OTL)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 820.90
1-Yr. Sales Growth: (2.7)%
Employees: 1,500
Revenue per employee: $547,266.67

 KEY PEOPLE
• Bruce C. Gottwald
    CEO
• David A. Fiorenza
    CFO

 CONTACT INFO
330 S. 4th St.
Richmond, VA 23218
US
Phone: 804-788-5000
Fax: 804-788-5788
Online: Web Site

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