NewMarket Corporation Declares Quarterly Dividend

RICHMOND, Va.–(BUSINESS WIRE)–The Board of Directors of NewMarket Corporation (NYSE:NEU) declared a
quarterly dividend in the amount of $1.75 per share on the common stock
of the Corporation. The dividend is payable April 1, 2019 to NewMarket
shareholders of record at the close of business on March 15, 2019.

NewMarket Corporation, through its subsidiaries Afton Chemical
Corporation and Ethyl Corporation, develops, manufactures, blends, and
delivers chemical additives that enhance the performance of petroleum
products. From custom-formulated additive packages to market-general
additives, the NewMarket family of companies provides the world with the
technology to make engines run smoother, machines last longer, and fuels
burn cleaner.

Some of the information contained in this press release constitutes
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Although NewMarket’s management believes
its expectations are based on reasonable assumptions within the bounds
of its knowledge of its business and operations, there can be no
assurance that actual results will not differ materially from
expectations.

Factors that could cause actual results to differ materially from
expectations include, but are not limited to, the availability of raw
materials and distribution systems; disruptions at production
facilities, including single-sourced facilities; hazards common to
chemical businesses; the ability to respond effectively to technological
changes in our industry; failure to protect our intellectual property
rights; sudden or sharp raw material price increases; competition from
other manufacturers; the gain or loss of significant customers; current
and future governmental regulations; failure to attract and retain a
highly-qualified workforce; the occurrence or threat of extraordinary
events, including natural disasters and terrorist attacks; risks related
to operating outside of the United States; the impact of substantial
indebtedness on our operational and financial flexibility; the impact of
fluctuations in foreign exchange rates; an information technology system
failure or security breach; resolution of environmental liabilities or
legal proceedings; political, economic, and regulatory factors
concerning our products; limitation of our insurance coverage; our
inability to realize expected benefits from investment in our
infrastructure or from recent or future acquisitions, or our inability
to successfully integrate recent or future acquisitions into our
business; the underperformance of our pension assets resulting in
additional cash contributions to our pension plans; and other factors
detailed from time to time in the reports that NewMarket files with the
Securities and Exchange Commission, including the risk factors in Item
1A. “Risk Factors” of our 2018 Annual Report on Form 10-K, which is
available to shareholders upon request.

You should keep in mind that any forward-looking statement made by
NewMarket in the foregoing discussion speaks only as of the date on
which such forward-looking statement is made. New risks and
uncertainties arise from time to time, and it is impossible for us to
predict these events or how they may affect the Company. We have no duty
to, and do not intend to, update or revise the forward-looking
statements in this discussion after the date hereof, except as may be
required by law. In light of these risks and uncertainties, you should
keep in mind that the events described in any forward-looking statement
made in this discussion, or elsewhere, might not occur.

Contacts

FOR INVESTOR INFORMATION CONTACT:
Brian D. Paliotti
Investor
Relations

Phone: 804.788.5555
Fax: 804.788.5688
Email:
investorrelations@newmarket.com

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