September 23, 2014 9:23 AM ET

Chemicals

Company Overview of Afton Chemical Corporation

Company Overview

Afton Chemical Corporation develops, manufactures, and supplies petroleum additives that enhance the performance of lubricating oils and fuels to enhance their performance in machinery, vehicles, and other equipment. The company’s petroleum additives include performance fuels and refinery chemicals, such as gasoline performance and diesel fuel additives, as well as cetane, lubricity, and cold flow improvers; driveline products, such as automotive gear oils and automatic transmission fluids; engine oil additives, such as passenger car, heavy duty, railroad, and marine diesel engine oils; and industrial products, such as antiwear and R&O hydraulic, industrial gear, and tractor oils, as well as...

500 Spring Street

Richmond, VA 23219

United States

Founded in 1969

Phone:

804-788-5800

Fax:

804-788-5184

Key Executives for Afton Chemical Corporation

President and Chief Marketing Officer
Age: 53
Chief Executive Officer of Newmarket Corporation
Treasurer
Age: 64
Vice President of Lubricant Additives
Compensation as of Fiscal Year 2014.

Afton Chemical Corporation Key Developments

Afton Chemical Corporation Announces Addition of New Chemical Additive Manufacturing Facility on Jurong Island, Singapore

Afton Chemical Corporation will expand its global supply network with the addition of a new chemical additive manufacturing facility on Jurong Island, Singapore. Designed and located to support the growth of the Asia-Pacific and Middle East markets, the plant will start to produce components in January 2016 to support the next generation of additive solutions. Construction will begin after a June 25, 2014, groundbreaking ceremony on Jurong Island. The site was selected after a analysis focused on local infrastructure, market access, economics, safety, and logistics. Foster Wheeler Singapore will manage the engineering and construction. To support company's Engine Oil business, the first operational unit will produce detergents for commercial use in 2016. Construction and startup of additional units to produce dispersants and anti-wear components will follow with full operation expected within the next five years. When completed, the plant will operate around the clock. There is also the opportunity to expand the plant further based on future market conditions.

Afton Chemical Corporation Appoints Robert A. Shama as President

On December 12, 2012, NewMarket Corporation announced appointed Mr. Robert A. Shama as President of Afton Chemical Corporation.

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