written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . july 2015 learn how and when to remove this template message this article may rely excessively on sources too closely associated with the subject potentially preventing the article from being verifiable and neutral . please help improve it by replacing them with more appropriate citations to reliable independent third party sources . july 2015 learn how and when to remove this template message this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . january 2015 learn how and when to remove this template message newmarket corporation type public traded as nyse neu industry chemicals founded 1887 headquarters richmond virginia u.s. area served worldwide key people thomas e. gottwald chairman ceo brian paliotti cfo products petroleum additives revenue us 2.28 billion 2013 us 2.21 billion 2012 website newmarket.com newmarket corporation is a publicly traded nyse neu company that primarily serves the petroleum additives industry . the company is based in richmond virginia and has operations in north america latin america europe the middle east and asia pacific . the company was founded in 1887 . 1 newmarket corporation employs more than 1 800 employees 2 across its global operations with an annual revenue of more than 2 billion . 3 the primary business of the company and its subsidiaries is the development manufacturing blending and global marketing of fuel and oil additives . 4 contents 1 businesses 2 history 3 external links 4 references businesses edit newmarket corporation produces lubricant and fuel additives through two subsidiaries afton chemical corporation and ethyl corporation . two additional subsidiaries newmarket services corporation and newmarket development corporation primarily provide operational support . 5 afton chemical corporation afton chemical corporation produces fuel additives that boost fuel performance and lubricant additives that improve the functionality durability and performance of oils . 6 the company also produces driveline additives and a variety of industrial additives such as hydraulic lubricants and metalworking fluid components . 7 afton chemical has manufacturing locations throughout the united states as well as in belgium england india china and brazil . 8 a new chemical additive manufacturing plant is being constructed in jurong island singapore and is expected to become operational late 2015 . 9 the company also has regional offices in north america latin america asia pacific europe india and the middle east 10 and an r & d technical center for vehicle based research in ashland virginia . 11 robert shama is the president of afton chemical . 12 ethyl corporation ethyl provides contract manufacturing services to afton and to third parties and is a marketer of tel in north america . 13 the company was founded in 1924 after charles kettering and a team of scientists discovered an anti knocking agent for vehicle engines in 1921 . 14 ethyl corporation is based in richmond virginia and has a manufacturing plant in houston texas . 15 azfar choudhury is the president of ethyl corporation . 16 newmarket services corporation newmarket services corporation provides administrative services to newmarket corporation and its subsidiaries . 17 newmarket development corporation new market development corporation manages the approximately 57 acre property that newmarket corporation owns in richmond virginia . 18 history edit newmarket corporation was founded in 1887 as the albemarle paper manufacturing company . 19 in 1964 albemarle paper manufacturing company acquired ethyl corporation 20 a company started in 1924 by charles kettering following the development of an anti knocking agent for passenger vehicles . 21 ethyl corporation acquired edwin cooper inc. a supplier of oil and lubricant additives in 1975 . 22 the acquisitions continued with u.s. based amoco petroleum additives 23 and japan based nippon cooper in 1992 24 and texaco additives company in 1996 . 25 newmarket corporation was incorporated in 2004 and renamed its ethyl petroleum additives inc. subsidiary as afton chemical corporation . 26 afton acquired ge water & process technologies fuel additives business in 2008 27 and acquired metalworking additives producer polartech in 2010 . 28 external links edit newmarket.com aftonchemical.com ethyl.com company s linkedin profile bloomberg businessweek company profile references edit business week newmarket corp check url value help . retrieved 2015 01 15 . yahoo newmarket corporation check url value help . retrieved 2015 01 15 . newmarket corporation revenue and financial data . retrieved 2015 01 15 . business week newmarket corp check url value help . retrieved 2015 01 15 . market newmarket corporation annual report 2013 check url value help pdf . retrieved 2015 01 15 . afton chemical corporation company information . retrieved 2015 01 15 . business week newmarket corp check url value help . retrieved 2015 01 15 . market newmarket corporation annual report 2013 check url value help pdf . retrieved 2015 01 15 . http www.chemicals technology.com news newsafton chemical additive facility singapore chemicals technology.com afton chemical to build additive facility in singapore check url value help . retrieved 2015 01 15 . line feed character in url at position 22 help chemical contact by location check url value help . retrieved 2015 01 15 . dmme section 10 research and education check url value help pdf . retrieved 2015 01 15 . http investing.businessweek.com research stocks private snapshot.asp privcapid 2255 4254 business week company overview of afton chemical corporation check url value help . retrieved 2015 01 15 . line feed character in url at position 86 help week company overview of ethyl corporation check url value help . retrieved 2015 01 15 . mind repository details . retrieved 2015 01 15 . week company overview of ethyl corporation check url value help . retrieved 2015 01 15 . week company overview of ethyl corporation check url value help . retrieved 2015 01 15 . the new york times newmarket corporation check url value help . retrieved 2015 01 15 . business week newmarket corp check url value help . retrieved 2015 01 15 . company search . retrieved 2015 01 15 . our history . retrieved 2015 01 15 . smithsonian mind repository details check url value help . retrieved 2015 01 15 . the new york times the ethyl corporation is diversifying to alter its one product image check url value help . retrieved 2015 01 15 . library ethyl corporation announces that its subsidiary ethyl petroleum additives inc. completes acquisition of amoco petroleum additives co. check url value help . retrieved 2015 01 15 . library ethyl signs deal with mitsubishi kasei check url value help . retrieved 2015 01 15 . ethyl corp . retrieved 2015 01 15 . week company overview of afton chemical corporation check url value help . retrieved 2015 01 15 . chemical week afton acquires ge s fuel additives check url value help . retrieved 2015 01 15 . bloomberg afton chemical announces acquisition of polartech check url value help . retrieved 2015 01 15 . retrieved from https en.wikipedia.org w index.php title newmarket corporation & oldid 673475231 categories companies listed on the new york stock exchangechemical companies of the united statescompanies based in richmond virginiacompanies based in virginiacompanies established in 1887hidden categories pages with url errorscs1 errors invisible charactersarticles with a promotional tone from july 2015all articles with a promotional tonearticles lacking reliable references from july 2015all articles lacking reliable referencesarticles needing additional references from 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