Summary
Ingevity Corporation manufactures and sells specialty chemicals and activated carbon materials in North America, the Asia Pacific, Europe, the Middle East, Africa, and South America. The company operates through two segments, Performance Materials and Performance Chemicals. The Performance Materials segment engineers, manufactures, and sells hardwood-based and chemically activated carbon products primarily for use in gasoline vapor emission control systems in cars, motorcycles, trucks, and boats. This segment also produces other activated carbon products for use in various applications, including food, water, beverage, and chemical purification. The Performance Chemicals segment comprises of pavement technologies, industrial specialties, and engineered polymers. It manufactures products derived from crude tall oil and lignin extracted from the kraft pulping process, as well as caprolactone monomers and derivatives derived from cyclohexanone and hydrogen peroxide. This segment's products are used in various applications comprising warm mix paving, pavement preservation, pavement reconstruction and recycling, oil well service additives, oil production, and downstream applications; and adhesives, agrochemical dispersants, lubricants, printing inks, industrial intermediates and oilfield, coatings, resins, elastomers, bioplastics, and medical devices. Ingevity Corporation was founded in 1964 and is headquartered in North Charleston, South Carolina.
History
Ingevity was established in 2014, through the combination of chemical businesses from Stern Environmental Group and CP Kelco. Ingevity has grown rapidly since its inception, adding complementary technologies, expanding capacities, and evolving its product portfolio, to better serve its customers. Ingevity now offers products across several markets, including Energy and Environmental Solutions, Paper and Packaging, and Consumer and Industrial Materials.
Mission
Ingevity's mission is to provide innovative solutions and superior performance in their products and services while having a positive economic and environmental impact. They strive to provide their customers with comprehensive solutions, with the highest levels of safety and quality, while also supporting their communities.
Vision
Ingevity's vision is to be the most trusted and reliable manufacturer of a diverse line of specialty chemicals and oil recovery products and services. They aspire to become a one-stop shop for customers seeking reliable products and solutions for all their industrial needs.
Key Team
Mr. Stuart Edward Woodcock Jr. (Exec. VP & Pres of Performance Materials)
Mr. Phillip John Platt (Chief Accounting Officer, Corp. Controller & VP of Financial Planning)
Mr. Daniel Gallagher (VP of Investor Relations)
John Nypaver (VP of Treasurer & Investor Relations)
Ms. Christine Stunyo (Sr. VP & Chief HR Officer)
Mr. Richard White (Sr. VP of Performance Chemicals and Pres of Industrial Specialties & Pavement Technologies)
Mr. Erik Ripple (Sr. VP and Chief Growth & Innovation Officer)
Recognition and Awards
Ingevity has been recognized with numerous awards and accolades including the 2015 Plastics News Processor of the Year, 2016 Frost & Sullivan Company of the Year Award, and 2018 Global Plastics News Processor of the Year Award. Ingevity has also been recognized for its social and environmental efforts, including being included on the CDP's A-List for Climate Change.
References
United States 