# NewMarket Corporation

NewMarket Corporation is an Asset Manager based in Philadelphia, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Philadelphia, United States
- **Region:** North America
- **Address:** Richmond, VA, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** www.newmarket.com
- **LinkedIn:** https://www.linkedin.com/company/newmarket-corporation

## Regulatory record

- **CRD number:** 308098
- **SEC file number:** 801-118684
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/308098

## About

NewMarket Corporation is an SEC-registered investment adviser in Philadelphia, PA, registered since 2020. The firm manages approximately $2.8 billion in regulatory assets. It has 30 employees and 16 investment advisers.

## People

- Thomas E. Gottwald — Chairman and Chief Executive Officer

## Questions

### What is the relationship between NewMarket Corporation and Afton Chemical?

Afton Chemical is NewMarket's primary operating subsidiary and the source of its cash flow. NewMarket functions as the parent holding company, with Chairman and CEO Thomas E. Gottwald overseeing capital allocation — including dividends, reinvestment, and acquisitions — from the cash Afton generates in the petroleum additives market.

### How does NewMarket Corporation fund its investments and returns?

NewMarket does not raise external funds. Its capital comes entirely from the operating profits of Afton Chemical, which develops and sells fuel and lubricant additives globally. This self-funding model supports shareholder dividends, such as the $3.00 per share quarterly dividend declared in April 2026 (per NewMarket Corporation, April 2026).

### Who makes the investment and capital-allocation decisions at NewMarket?

Thomas E. Gottwald, as Chairman and CEO, is the named executive responsible for the company's strategic direction and capital deployment. The firm's public filings present Gottwald as the principal decision-maker for corporate-level allocation.

### In which geographies does NewMarket generate revenue?

Through Afton Chemical, NewMarket's products reach customers in North America, Europe, and Asia-Pacific. The company maintains manufacturing and R&D facilities across these regions to supply oil marketers, independent refiners, and industrial firms.

## Related profiles

- [MV Global Capital](https://altss.com/profile/mv-global-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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