Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

December 01, 2015 7:34 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Afton Chemical Corporation

Company Overview

Afton Chemical Corporation develops and manufactures petroleum additives. The company offers gasoline performance additives, diesel fuel additives, and lubricity and cold flow improvers; and driveline products, such as automotive gear oil, automatic transmission fluid, off-road vehicle, and power steering fluid additives, as well as additives for step-type automatic, continuously variable, and dual clutch transmission types. It also offers passenger car, heavy duty diesel, motorcycle, and railroad and marine diesel engine oil additives, as well as olefin copolymer viscosity index improvers; fuel additives that include specialized additives for automotive performance, octane, home heating oil...

500 Spring Street

Richmond, VA 23219

United States

Founded in 1969





Key Executives for Afton Chemical Corporation

President and Chief Marketing Officer
Age: 54
Chief Executive Officer of Newmarket Corporation
Age: 65
Vice President of Lubricant Additives
Compensation as of Fiscal Year 2015.

Afton Chemical Corporation Key Developments

Afton Gets Board Approval to Expand Singapore Additives Plant

Afton Chemical has received board approval from parent NewMarket Corporation to begin construction on a second-phase expansion of its engine oil additives plant in Singapore. The second phase, which includes additional component production units, will more than double Afton's investment on Singapore's Jurong Island petrochemicals hub, to about SGD 400 million, after completion in 2017. The construction of the first phase, announced in July 2012, is scheduled to be completed by end 2015. Longer term, Afton may also produce other petroleum additives at the Singapore plant.

Afton Chemical Names ChemPoint Exclusive Distributor of Packaged Goods in the U.S. and Canada

Afton Chemical Corporation announced that it has selected Inc. as its exclusive distributor of packaged goods in the United States and Canada, effective Aug. 1, 2015. The agreement covers the packaging and distribution of all packaged products by ChemPoint, including the HiTEC, Polartech, and Actrasol product lines. Afton and ChemPoint worked together to build a custom supply chain network that addresses the specific needs of Afton's customers. ChemPoint will power this new logistics organization, making products available in more locations, in closer proximity to customers. Afton and ChemPoint will be implementing this new agreement in phases. All current Afton customers will be contacted directly with details about when they will begin experiencing the benefits of this relationship and should direct any questions to their Afton Sales Representative.

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.

Similar Private Companies By Industry

Company Name Region
George Degen & Company, Inc. United States
Millennium Offshore Group Inc. United States
Agrinatural Gas, LLC United States
Tandem Energy Corporation United States
Opon International LLC United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Afton Chemical Corporation, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at