NGVT Stock Discussion

Ingevity Corporation Description

Ingevity Corporation manufactures and sells specialty chemicals and carbon materials in the United States and internationally. It operates through two segments, Performance Chemicals and Performance Materials. The Performance Chemicals segment develops, manufactures, and sells a range of specialty chemicals derived from co-products of the kraft pulping process. This segment's products are used in various applications, including asphalt paving, adhesives, agrochemical dispersants, printing inks, lubricants, petroleum, and other diverse industries. The Performance Materials segment engineers, manufactures, and sells wood-based chemically activated carbon products used in gasoline vapor emission control systems. This segment also produces other activated carbon products for the food, water, beverage, and chemical purification industries. The company was incorporated in 2015 and is based in North Charleston, South Carolina. Ingevity Corporation operates as a subsidiary of WestRock Company. Ingevity Corporation (NYSE:NGVT) operates independently of WestRock Company as of May 16, 2016.

Sector: Basic Materials
Industry: Specialty Chemicals
Keywords: Chemical Beverage Adhesives Chemicals Segment Speciality Chemicals Carbon Products Performance Chemicals