Afton Chemical

Last updated
Afton Chemical Corporation
Company typeSubsidiary of NewMarket Corp
Industry Chemicals
Founded1877 [1]
Headquarters Richmond, Virginia, U.S.
Area served
Worldwide
Key people
Gina Harm (President)
Products Chemicals Petroleum Additives
Website aftonchemical.com

Afton Chemical Corporation develops and manufactures petroleum additives, including driveline, engine oil, fuel and industrial additives. Afton Chemical Corporation is headquartered in Richmond, Virginia, and has operations around the world. The company is a subsidiary of NewMarket Corporation (NYSE: NEU), a corporation specializing in performance specialty chemicals.

Contents

Operations

Afton Chemical products fall into four different strategic business units: driveline additives, engine oil additives, fuel additives, and industrial additives.

Driveline Additives

This segment includes driveline additives for automatic (ATF), continuously variable (CVT) and dual-clutch (DCT) transmission types, as well as gear oil additives for rear-axle and manual transmissions. [2]

Engine Oil Additives

Afton Chemical offers engine oil additives for passenger car, motorcycle, medium speed diesel and heavy-duty engines, as well as olefin copolymer viscosity index improvers. [3]

Fuel Additives

Afton Chemical produces fuel additives for gasoline and diesel vehicle performance, octane levels, home heating oil, and fuel specification and distribution. [4]

Lubricant Additives

Lubricant additives are organic and synthetic chemical components and the product segment includes couplers, dispersants and emulsifiers, friction modifiers, and tackiness additives. [5]

Industrial Additives

Afton Chemical acquired metalworking additives producer Polartech in 2010 to expand its industrial product base. [6] Industrial products include lubricating grease additives, hydraulic lubricants and metalworking fluids. [7]

Locations

Afton Chemical has regional offices located in Asia Pacific, Europe, India, the Middle East, Latin America and North America. [8] The company has a technical center located in Ashland, Virginia. The Ashland Technical Center is the R&D site for vehicle-based research used by all strategic business units that manufacture automotive additives, including engine oil, fuel, transmission and axle. The center is used for research into durability, fuel economy, emissions, and new-product development. [9] Plants are located in Belgium, England, India, Brazil, China, Mexico and throughout the United States. [10] The company opened a research lab in Suzhou, China, in 2011 [11] and in July 2012 announced the construction of a new chemical additive manufacturing plant in Jurong Island, Singapore, which became operational mid-2016.

Industries

Afton Chemical operates within the petroleum industry, primarily focusing on, and manufacturing chemical additives for: driveline, engine oil, fuel, and industrial business units.

History

2018 – Gina Harm replaces Robert Shama as president of Afton Chemical Corporation. [12]

2017 – Afton Chemical acquires Aditivos Mexicanos, S.A. de C.V. (AMSA), a petroleum additives manufacturing, sales and distribution company based in Mexico City, Mexico. [13]

2013 – Afton Chemical announces expansion in Asia-Pacific with a new manufacturing facility on Jurong Island, Singapore.

2013 – Robert Shama replaces Warren Huang as president of Afton Chemical. [14]

2010 – Afton Chemical acquires PolarTech Metalworking and adds R&D and manufacturing facilities in the U.K., and manufacturing sites in India, China and the U.S.

2009 – Afton Chemical expands investment in the Asia-Pacific region with facilities in Shanghai, China, Tsukuba, Japan and Jurong Island, Singapore.

2008 – Afton Chemical acquires the North American fuel additives business of GE Water and Processing Technologies.

2004 - Ethyl Petroleum Additives, Inc. changes its name to Afton Chemical Corporation. It begins operating as a wholly owned subsidiary of NewMarket Corporation.

1996 – Ethyl acquires Texaco Additives Company.

1992 – Ethyl acquires Amoco Petroleum Additives in the U.S. and Nippon Cooper in Japan, as global consolidation comes to the petroleum industry.

1975 – Ethyl acquires Edwin Cooper, Inc.

1962 – Albemarle Paper Co. acquires Ethyl Gasoline Corporation and adopts the Ethyl Corporation name.

1924 – General Motors Chemical Corporation, which introduced tetraethyllead as a fuel additive to reduce engine “knock,” is renamed as Ethyl Gasoline Corporation. [15]

1887 – Albemarle Paper Manufacturing is founded in Richmond, VA [16]

Related Research Articles

A lubricant is a substance that helps to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move. It may also have the function of transmitting forces, transporting foreign particles, or heating or cooling the surfaces. The property of reducing friction is known as lubricity.

<span class="mw-page-title-main">Motor oil</span> Lubricant used for lubrication of internal combustion engines

Motor oil, engine oil, or engine lubricant is any one of various substances used for the lubrication of internal combustion engines. They typically consist of base oils enhanced with various additives, particularly antiwear additives, detergents, dispersants, and, for multi-grade oils, viscosity index improvers. The main function of motor oil is to reduce friction and wear on moving parts and to clean the engine from sludge and varnish (detergents). It also neutralizes acids that originate from fuel and from oxidation of the lubricant (detergents), improves the sealing of piston rings, and cools the engine by carrying heat away from moving parts.

<span class="mw-page-title-main">Jurong Island</span> Island in Singapore

Jurong Island is an island located to the southwest of the main island of Singapore. It was formed from the amalgamation of seven offshore islands, the islands of Pulau Ayer Chawan, Pulau Ayer Merbau, Pulau Merlimau, Pulau Pesek, Pulau Pesek Kechil, Pulau Sakra, Pulau Seraya, Pulau Meskol, Pulau Mesemut Laut, Pulau Mesemut Darat and Anak Pulau. This was done through Singapore's land reclamation efforts. Land reclamation on Jurong Island was completed on 25 September 2009, 20 years earlier than scheduled. Pulau Buaya was joined to Jurong Island via reclamation in 2010. Jurong Island forms a land area of about 32 km2 (12 sq mi) from an initial area of less than 10 km2 (4 sq mi), and is the largest of Singapore's outlying islands.

<span class="mw-page-title-main">Synthetic oil</span> Lubricant consisting of artificially made chemical compounds

Synthetic oil is a lubricant consisting of chemical compounds that are artificially modified or synthesised. Synthetic lubricants can be manufactured using chemically modified petroleum components rather than whole crude oil, but can also be synthesized from other raw materials. The base material, however, is still overwhelmingly crude oil that is distilled and then modified physically and chemically. The actual synthesis process and composition of additives is generally a commercial trade secret and will vary among producers.

<span class="mw-page-title-main">STP (motor oil company)</span> American automotive products brand name

STP is an American brand of automotive aftermarket products, especially lubricants such as motor oil and motor oil additives. The name began as an abbreviation of Scientifically Treated Petroleum. The brand has been owned by Energizer Holdings since November 2018.

<span class="mw-page-title-main">Methylcyclopentadienyl manganese tricarbonyl</span> Chemical compound

Methylcyclopentadienyl manganese tricarbonyl (MMT or MCMT) is an organomanganese compound with the formula (C5H4CH3)Mn(CO)3. Initially marketed as a supplement for use in leaded gasoline, MMT was later used in unleaded gasoline to increase the octane rating. Following the implementation of the Clean Air Act (United States) (CAA) in 1970, MMT continued to be used alongside tetraethyl lead (TEL) in the US as leaded gasoline was phased out (prior to TEL finally being banned from US gasoline in 1995), and was also used in unleaded gasoline until 1977. Ethyl Corporation obtained a waiver from the U.S. EPA (Environmental Protection Agency) in 1995, which allows the use of MMT in US unleaded gasoline (not including reformulated gasoline) at a treat rate equivalent to 8.3 mg Mn/L (manganese per liter).

<span class="mw-page-title-main">Albemarle Corporation</span> American chemical company

Albemarle Corporation is an American specialty chemicals manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium, bromine specialties and catalysts.

<span class="mw-page-title-main">Petron Corporation</span> Oil company in the Philippines

Petron Corporation is the largest oil refining and marketing company in the Philippines, supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m3/d). From the refinery, Petron moves its products mainly by sea to 32 depots and terminals throughout the country.

<span class="mw-page-title-main">Chemtura</span> Former global corporation headquartered in Philadelphia, Pennsylvania

Chemtura Corporation was a global corporation headquartered in Philadelphia, Pennsylvania, with its other principal executive office in Middlebury, Connecticut. Merged into Lanxess in 2017, the company focused on specialty chemicals for various industrial sectors, and these were transportation, energy, and electronics. Chemtura operated manufacturing plants in 11 countries. Its primary markets were industrial manufacturing customers. The corporation employed approximately 2500 people for research, manufacturing, logistics, sales and administration. Operations were located in North America, Latin America, Europe and Asia. In addition, the company had significant joint ventures primarily in the United States. For the year ended December 31, 2015, the company's global core segment revenue was $1.61 billion. Chief executive officer was Craig A. Rogerson, who was also the president and chairman of the board of Chemtura Corporation. On April 21, 2017, Chemtura was acquired by the German chemical company Lanxess.

Oil additives are chemical compounds that improve the lubricant performance of base oil. The manufacturer of many different oils can utilize the same base stock for each formulation and can choose different additives for each specific application. Additives comprise up to 5% by weight of some oils.

The Lubrizol Corporation is an American provider of specialty chemicals for the transportation, industrial and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products, pharmaceuticals and medical devices, specialty materials, including plastics technology, and coatings in the form of specialty resins and additives.

<span class="mw-page-title-main">Marvel Mystery Oil</span> American automotive oil additive

Marvel Mystery Oil is an automotive product of the American Marvel Oil Company, founded by Burt Pierce in 1923. It is used as a fuel additive and oil additive, purportedly to function as a corrosion inhibitor, penetrating oil, transmission leak stopper and seal relubricator, despite a lack of scientific evidence supporting such claims.

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units: the Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals. The Octane Additives business ceased trading in 2020, and the manufacture of tetraethyllead (TEL) used in the manufacture of 100LL avgas was transferred to the Fuel Specialities segment. The company has ceased the sales of TEL for use in motor gasoline, which was previously sold from the UK to Algeria.

Castrol India Limited is an automotive and industrial lubricant manufacturing company. Castrol India is the 2nd largest manufacturer of automotive and industrial lubricants in the Indian lubricant market and owns around 20% market share in the overall Indian lubricant market. It is part of Castrol Limited UK. It has 5 manufacturing plants that are networked with 270 distributors, serving over 70,000 retail outlets.

<span class="mw-page-title-main">Behran Oil Company</span>

Behran Oil Company is an oil refining company with headquarters in Tehran. Its products are exported to more than 40 countries.

<span class="mw-page-title-main">Phoenix Petroleum</span> Independent oil company of the Philippines

Phoenix Petroleum Philippines, Inc. is the first independent oil company to be listed in the Philippine Stock Exchange after the Oil Deregulation Law was passed in 1998. It is the first company from Davao City to be listed in the Philippine Stock Exchange.

<span class="mw-page-title-main">NewMarket Corporation</span> American chemical company

NewMarket Corporation, is a publicly traded 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's predecessor, the Albemarle Paper Manufacturing Company, was founded in 1887.

<span class="mw-page-title-main">Quaker Houghton</span> American chemical company

Quaker Houghton is an American chemical company that was founded in 1918. It is headquartered in Conshohocken, Pennsylvania. With its global presence in 21 countries and 35 locations worldwide, the company has over 50% of net sales outside of the United States. Quaker Houghton manufactures process fluids for use in the steel, aluminum, metalworking, automotive, mining, aerospace, tube & pipe, can making, and other industrial processes. On August 1, 2019, Quaker Chemical combined with Houghton International to form Quaker Houghton.

<span class="mw-page-title-main">Infineum</span>

Infineum International Limited is a joint venture between ExxonMobil and Shell plc through each companies' chemical divisions. Its headquarters are located in Abingdon, England and it has operating centers throughout the United Kingdom, United States, Germany, France, Italy, China, Singapore.

<span class="mw-page-title-main">Siam Chemicals</span>

The Siam Chemicals Public Company (SCC) blends and trades chemicals, fertilisers and lubricants and manufactures basic chemicals for downstream industries such as sulfuric acid, hydrochloric acid, various bases and salts.

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