July 27, 2009 (FinancialWire) — NewMarket Corp.’s (NYSE: NEU) Afton Chemical Corp. unit said it is investing in an Asia Pacific manufacturing facility to serve its customers in the region. The company said the new plant will improve security of supply and provide shorter lead-times.

The Afton site will be located on Jurong Island, Singapore, and will be operated by Chemical Specialties Singapore Ltd.

Earlier in the year Afton Chemical released plans to launch a new research and development facility in Shanghai, China and a new and expanded facility in Tsukuba, Japan.

Richmond, Virginia-based Afton Chemical develops and manufactures petroleum additives designed to boost the performance of fuels and lubricating oils used in machinery, vehicles, and other equipment.

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