Ingevity Corporation (NGVT)

Ingevity Corp.'s stock price increased by 69.90% between October 2024 and October 2025. In January 2025, Ingevity announced it was exploring strategic alternatives for its Performance Chemicals Industrial Specialties product line. In September 2025, the company agreed to sell its North Charleston crude tall oil refinery assets and the majority of its Performance Chemicals Industrial Specialties product line to Mainstream Pine Products, LLC. In July 2025, Ingevity reaffirmed its 2025 earnings guidance. In October 2025, Ruth Castillo was appointed as Senior Vice President and President of the Performance Materials segment.

Demand for Ingevity's products exhibits seasonality depending on the segment. Powdered activated carbon is used for seasonal water quality management. The Performance Chemicals segment experiences seasonal variations linked to construction cycles and weather conditions. Agrochemicals are inherently seasonal, with performance tied to climatic conditions. The broader chemical industry can face periods of soft demand due to macroeconomic factors, and inventory levels can influence demand.

Ingevity Corporation is a publicly traded specialty chemicals company based in North Charleston, South Carolina. It develops, manufactures, and markets products and technologies that purify, protect, and enhance various aspects of the world. The company operates through three segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals, utilizing renewably sourced raw materials.

Ingevity Corporation has a global presence, operating in 31 countries and employing approximately 1,600 to 2,050 people. Its headquarters, a technical center, and a chemical manufacturing plant are located in North Charleston, South Carolina.

Ingevity has received positive recognition for its corporate responsibility and performance. It was named one of "America's Most Responsible Companies of 2025" by Newsweek for the third consecutive year. TIME Magazine and Statista recognized Ingevity as one of "America's Best Mid-Size Companies 2025."

Ingevity Corporation's ownership is primarily distributed among institutional investors, individual shareholders, and company insiders. Institutional investors hold approximately 80-90% of the company's shares, with major holders including BlackRock, Inc., Vanguard Group Inc, Wellington Management Group Llp, American Century Companies Inc, and State Street Corp.