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NewMarket Corporation’s Specialty Materials Profit Doubles — Is Aerospace The Next Big Engine?

NewMarket Corporation reported net income of $134 million, or $14.54 per share, for the second quarter of 2026, reflecting an increase from $111 million, or $11.84 per share, in the same period of 2025. For the first half of 2026, net income rose to $252 million, or $27.14 per share, compared to $237 million, or $25.11 per share, for the first half of 2025. The Petroleum Additives segment generated sales of $676 million in the second quarter of 2026, up modestly from $654 million in the prior-year quarter. Operating profit in this segment increased to $149 million from $140 million, driven principally by surcharges implemented to offset elevated supply chain costs resulting from disruptions linked to the Middle East conflict. Sales for the first half of 2026 were essentially flat at $1.3 billion compared to the prior year, with operating profit essentially stable at $284 million compared to $282 million.