AMPAC

NewMarket Corporation Increases Quarterly Dividend

Retrieved on: 
Thursday, February 22, 2024

The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation, an increase of $0.25, or approximately 11%, as compared to the last quarterly dividend of $2.25 per share.

Key Points: 
  • The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation, an increase of $0.25, or approximately 11%, as compared to the last quarterly dividend of $2.25 per share.
  • The dividend is payable April 1, 2024, to NewMarket shareholders of record at the close of business on March 15, 2024.
  • NewMarket Corporation is a holding company operating through its subsidiaries, Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC).
  • The Afton and Ethyl companies develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products.

NewMarket Corporation Completes the Acquisition of AMPAC Intermediate Holdings, LLC

Retrieved on: 
Tuesday, January 16, 2024

NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.

Key Points: 
  • NewMarket Corporation (NYSE: NEU) today announced that it has completed the acquisition of AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.
  • AMPAC also manufactures Halotron BrX, a clean and environmentally friendly fire extinguishing agent that replaces legacy high ozone-depleting fire extinguishing agents.
  • Thomas E. Gottwald, NewMarket’s Chairman and CEO, said: “We are very excited about closing the acquisition of AMPAC and would like to welcome the entire AMPAC team into the NewMarket family.
  • In addition to the acquired AMPAC business, 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.

NewMarket Corporation Announces the Acquisition of AMPAC Intermediate Holdings, LLC

Retrieved on: 
Monday, December 4, 2023

NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.

Key Points: 
  • NewMarket Corporation (NYSE: NEU) today announced its entry into a definitive purchase agreement to acquire AMPAC Intermediate Holdings, LLC, the ultimate parent company of American Pacific Corporation (AMPAC), for approximately $700 million.
  • AMPAC also manufactures Halotron BrX, a clean and environmentally friendly fire extinguishing agent that replaces legacy high ozone-depleting fire extinguishing agents.
  • The acquisition of AMPAC expands NewMarket’s exposure to mission critical, resilient sectors.
  • 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.

Alder Packaging Embarks on a Collaborative Partnership with the New WWP Beauty, Absorbing a Portion of US Packaging Business from WWP LLC

Retrieved on: 
Tuesday, August 8, 2023

Alder Packaging , a leading provider of sustainable beauty packaging solutions, is delighted to announce the establishment of a collaborative partnership with the new WWP Beauty .

Key Points: 
  • Alder Packaging , a leading provider of sustainable beauty packaging solutions, is delighted to announce the establishment of a collaborative partnership with the new WWP Beauty .
  • Alder has been recognized for their commitment to superior service and unrivaled packaging expertise, and their collaborative partnership with the new WWP Beauty will accelerate access to innovation within responsible packaging manufacturing.
  • "We would like to respectfully announce that our company is launching this dynamic partnership with the new WWP Beauty," stated Jerome Fraillon, CEO of Alder Packaging.
  • The collaborative partnership between Alder Packaging and the new WWP Beauty represents an exciting chapter in the beauty industry's sustainability journey.

Fire Protection Systems Market to Surpass US$ 138 Billion by 2032 Amid Implementation of Strict Safety Norms

Retrieved on: 
Thursday, August 25, 2022

NEW YORK, Aug. 25, 2022 /PRNewswire/ -- The global fire protection systems market is expected to grow at a CAGR of 6.3%, reaching a valuation of US$ 138 Billion in 2032. As per Fact.MR, the global sales of fire protection systems increased at a CAGR of 6% during the historical period of 2015 to 2021.

Key Points: 
  • NEW YORK, Aug. 25, 2022 /PRNewswire/ -- The global fire protection systems market is expected to grow at a CAGR of 6.3%, reaching a valuation of US$ 138 Billion in 2032.
  • In 2021, the global fire protection systems market reached a valuation of US$ 70 Billion.
  • The commercial application segment is predicted to dominate and generate a fire protection systems market share of more than 45% by the end of 2032.
  • The global fire protection systems market is likely to reach a valuation of US$ 75 Billion by the end of 2022.

Fire Protection Systems Market to Surpass US$ 138 Billion by 2032 Amid Implementation of Strict Safety Norms

Retrieved on: 
Thursday, August 25, 2022

NEW YORK, Aug. 25, 2022 /PRNewswire/ -- The global fire protection systems market is expected to grow at a CAGR of 6.3%, reaching a valuation of US$ 138 Billion in 2032. As per Fact.MR, the global sales of fire protection systems increased at a CAGR of 6% during the historical period of 2015 to 2021.

Key Points: 
  • NEW YORK, Aug. 25, 2022 /PRNewswire/ -- The global fire protection systems market is expected to grow at a CAGR of 6.3%, reaching a valuation of US$ 138 Billion in 2032.
  • In 2021, the global fire protection systems market reached a valuation of US$ 70 Billion.
  • The commercial application segment is predicted to dominate and generate a fire protection systems market share of more than 45% by the end of 2032.
  • The global fire protection systems market is likely to reach a valuation of US$ 75 Billion by the end of 2022.

NLBWA-IE and OCIE-SBDC collaborate to bring $5K -$10K scholarships for 32 Emerging Latinas in Business

Retrieved on: 
Wednesday, June 29, 2022

RANCHO CUCAMONGA, Calif., June 29, 2022 /PRNewswire/ -- National Latina Business Women Association Inland Empire Insitute In partnership with OCIE-SBDC, Riverside County Economic Development Agency, and County of Riverside. The NLBWA-IE institute support women to take advantage of opportunities and accelerate their businesses so they can achieve their goals.

Key Points: 
  • The National Latina Business Women Association Inland Empire Institute (NLBWA-IE) and OCIESBDC have collaborated to bring $5K-$10K scholarships for 32 Emerging Latinas in Business through the CA Dream Fund program.
  • RANCHO CUCAMONGA, Calif., June 29, 2022 /PRNewswire/ -- National Latina Business Women Association Inland Empire Insitute In partnership with OCIE-SBDC , Riverside County Economic Development Agency , and County of Riverside .
  • The NLBWA-IE institute support women to take advantage of opportunities and accelerate their businesses so they can achieve their goals.
  • This effort is designed to promote entrepreneurship and small business creation among segments of the state's population that face significant barriers to entry in today's technology-driven economy.

AmPac Business Capital Pioneers New Ways to Grow Businesses with their Entrepreneur Ecosystem

Retrieved on: 
Thursday, January 6, 2022

When creating the innovative business growth program EE Hilda Kennedy, Founder of AmPac Business Capital, a successful nonprofit community lender stated, "Our team and its Board has seen clearly that business owners need only access to legitimate capital with AmPac Business Capital but there is a critical need for business acumen education to complement expanded growth.

Key Points: 
  • When creating the innovative business growth program EE Hilda Kennedy, Founder of AmPac Business Capital, a successful nonprofit community lender stated, "Our team and its Board has seen clearly that business owners need only access to legitimate capital with AmPac Business Capital but there is a critical need for business acumen education to complement expanded growth.
  • Hilda explains, "Capital access is an important aspect of the EE because lack of capital is one of the three reasons that businesses don't succeed.
  • This focus includes making the best decisions about microloans, working capital loans, building loans and/or business equipment loans."
  • Sign up for the AmPac's Entrepreneur Ecosystem featuring the new EE App and L2LEDP to access more business growth.

AmPac Business Capital Pioneers More Ways to Grow Businesses with the Entrepreneur Ecosystem

Retrieved on: 
Wednesday, January 5, 2022

When creating the innovative business growth program EE Hilda Kennedy, Founder of AmPac Business Capital, a successful nonprofit community lender stated, "Our team and its Board has seen clearly that business owners need only access to legitimate capital with AmPac Business Capital but there is a critical need for business acumen education to complement expanded growth.

Key Points: 
  • When creating the innovative business growth program EE Hilda Kennedy, Founder of AmPac Business Capital, a successful nonprofit community lender stated, "Our team and its Board has seen clearly that business owners need only access to legitimate capital with AmPac Business Capital but there is a critical need for business acumen education to complement expanded growth.
  • Hilda explains, "Capital access is an important aspect of the EE because lack of capital is one of the three reasons that businesses don't succeed.
  • This focus includes making the best decisions about microloans, working capital loans, building loans and/or business equipment loans."
  • Sign up for the AmPac's Entrepreneur Ecosystem featuring the new EE App and L2LEDP to access more business growth.

Nicola Wealth Real Estate acquires another multi-tenant industrial asset to expand their real estate portfolio in the Las Vegas Market

Retrieved on: 
Tuesday, August 31, 2021

Las Vegas, NV, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired the Ampac Industrial Park I & II.

Key Points: 
  • Las Vegas, NV, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired the Ampac Industrial Park I & II.
  • This acquisition, brokered by Rebecca Perlmutter Finkel and her team at CBRE, expands NWREs growing industrial portfolio in Las Vegas and the Southwest United States.
  • We are excited to further expand our industrial presence in the Las Vegas Market, says Matthew Schaeffers, Director of Acquisitions at Nicola Wealth Real Estate.
  • To learn more about the Nicola Wealth Real Estate funds, visit realestate.nicolawealth.com
    Nicola Wealth Real Estate (NWRE) is the in-house real estate team of Nicola Wealth, a premier Canadian financial planning and investment firm with $10.7 billion (CAD) of assets under management (AUM).