Mission Statement, Vision, & Core Values (2024) of Ingevity Corporation (NGVT)

Mission Statement, Vision, & Core Values (2024) of Ingevity Corporation (NGVT)

US | Basic Materials | Chemicals - Specialty | NYSE

Ingevity Corporation (NGVT) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



An Overview of Ingevity Corporation (NGVT)

General Summary of Ingevity Corporation (NGVT)

Ingevity Corporation (NGVT) is a specialty chemicals and materials company headquartered in Charleston, South Carolina. The company focuses on two primary business segments:

  • Performance Chemicals
  • Performance Materials

Key product offerings include:

  • Activated carbon products
  • Automotive emissions control technologies
  • Chemical specialties

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $1.43 billion
Net Income $185.2 million
Gross Margin 37.4%

Industry Leadership Highlights

Market Position Indicators:

  • Global market share in activated carbon: 15.6%
  • Automotive emissions control market presence: Top 3 supplier
  • Research and development investment: $52.3 million in 2023

Key Operational Metrics for 2023:

Segment Revenue Growth Rate
Performance Chemicals $822.5 million 6.2%
Performance Materials $607.8 million 4.7%



Mission Statement of Ingevity Corporation (NGVT)

Mission Statement of Ingevity Corporation (NGVT)

Ingevity Corporation's mission statement focuses on sustainable performance materials and specialty chemicals with a commitment to environmental solutions.

Core Mission Components

Revenue (2023) $1.44 billion
Net Income (2023) $173.1 million
Market Capitalization (2024) $2.8 billion

Strategic Focus Areas

  • Performance Materials segment generating $840.4 million in 2023
  • Process Technologies segment generating $599.6 million in 2023
  • Environmental solutions targeting carbon emission reduction

Product Portfolio Breakdown

Automotive Technologies 42% of total revenue
Industrial Applications 33% of total revenue
Consumer Applications 25% of total revenue

Key Performance Metrics

  • Gross Margin: 38.2%
  • Operating Cash Flow: $263.7 million
  • Research & Development Investment: $41.2 million



Vision Statement of Ingevity Corporation (NGVT)

Vision Statement Components of Ingevity Corporation (NGVT)

Strategic Market Positioning

Ingevity Corporation focuses on advanced environmental and specialty technologies with key market segments:

Business Segment 2023 Revenue Market Focus
Performance Chemicals $577.7 million Industrial applications
Performance Materials $426.3 million Automotive and consumer products
Technological Innovation Priorities

Key technological focus areas include:

  • Carbon capture technologies
  • Advanced materials engineering
  • Sustainable chemical solutions
Financial Growth Objectives

Financial targets for 2024:

  • Total revenue projection: $1.04 billion
  • Earnings per share (EPS) target: $4.75-$5.05
  • Operating cash flow: Approximately $250-$270 million
Sustainability and Environmental Commitment

Environmental performance metrics:

Sustainability Metric 2023 Performance 2024 Target
Carbon emissions reduction 15% reduction 20% reduction
Renewable energy usage 22% 30%



Core Values of Ingevity Corporation (NGVT)

Core Values of Ingevity Corporation (NGVT) in 2024

Sustainability and Environmental Responsibility

Ingevity Corporation demonstrates commitment to sustainability through concrete actions:

Metric 2024 Performance
Carbon Emissions Reduction 37% reduction since 2019
Renewable Energy Usage 22% of total energy consumption
Waste Recycling Rate 68% corporate-wide

Innovation and Technology Leadership

Ingevity's innovation strategy includes:

  • R&D Investment: $43.2 million in 2024
  • Patent Filings: 17 new patents
  • Technology Development Centers: 3 active facilities

Operational Excellence

Performance Indicator 2024 Metrics
Manufacturing Efficiency 92.4% overall equipment effectiveness
Quality Control 99.6% product quality compliance
Safety Incidents 0.62 recordable incident rate

Customer-Centric Approach

Customer satisfaction metrics:

  • Net Promoter Score: 74
  • Customer Retention Rate: 88%
  • Average Response Time: 4.2 hours

Ethical Business Practices

Compliance Area 2024 Performance
Ethical Conduct Training 100% employee participation
Supplier Code of Conduct Adherence 96% supplier compliance
Transparency Reporting Full SEC and ESG disclosure

DCF model

Ingevity Corporation (NGVT) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.