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NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. The company develops, manufactures, blends, and delivers lubricant additives and other petroleum specialties used primarily to improve the performance of finished lubricant products in automotive, industrial, and consumer applications; provides ingredients for fuel formulations designed to improve engine efficiency and provide fuel stabilization benefits to retail fuels; develops, manufactures, blends, and delivers chemicals that provide performance benefits to oilfield operations by enhancing the efficiency of drilling and production activities; and manufactures equipment for blending petroleum additives that is used in additive blending plants.
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