Launch of New Additives: Afton Chemical Corporation has introduced its HiTEC® GPA 65522 series, approved for use in TOP TIER+™ gasoline.
Focus on Modern Engine Technology: The new additives are designed to meet the evolving needs of modern engine technology, particularly for GDI (Gasoline Direct Injection) engines, which are now used in 74% of new vehicles in North America.
TOP TIER™ Standards: The TOP TIER™ standard was established twenty years ago by a group of OEMs to enhance fuel cleanliness and optimize engine performance.
Official Announcement Language: The original announcement is in the source language and is considered the official version, with translations provided for reader convenience.
NEU
$716.41+Infinity%1D
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About NEU
NewMarket Corporation is a holding company operating through its subsidiaries, Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC). The Afton and Ethyl companies develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products. AMPAC is a manufacturer of specialty chemicals used in solid rocket motors for the aerospace and defense industries. Its petroleum additives segment includes lubricant and fuel additives. Its specialty materials segment includes critical materials used in solid rocket motors for space launch and military defense applications. Ethyl provides contracted manufacturing and related services to Afton and to third parties and is a marketer of antiknock compounds in North America. The Company is also a producer of UltraPure and high-purity hydrazine, which are essential, mission-critical propellants that enable advanced aerospace and defense applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
