Welcome to our dedicated page for Quaker Chemical news (Ticker: KWR), a resource for investors and traders seeking the latest updates and insights on Quaker Chemical stock.
Quaker Chemical Corporation (KWR) delivers specialized process fluids, lubricants, and coatings for steel production, metalworking, and advanced manufacturing sectors worldwide. This news hub provides investors and industry professionals with essential updates on operational developments, strategic initiatives, and market positioning.
Access timely announcements including earnings reports, product innovations, and partnership agreements. Our curated collection simplifies tracking of KWR's technical advancements and sustainability efforts within industrial chemicals.
Discover updates across three key areas: process optimization breakthroughs, global expansion activities, and engineering solutions for manufacturing efficiency. Regular updates ensure visibility into how Quaker Chemical maintains its leadership through customer-focused innovation.
Bookmark this page for streamlined access to press releases and analysis-free updates directly impacting KWR investment considerations. Check back frequently for unfiltered information from primary sources.
Quaker Houghton (NYSE: KWR) has declared a $0.435 per share quarterly cash dividend, marking a 5% increase from the previous dividend. The dividend will be payable on October 31, 2022, to shareholders on record by October 17, 2022. CEO Andy Tometich highlighted that this represents the company's 13th consecutive dividend increase and the 46th increase since it became public in 1972, reflecting their commitment to a balanced capital allocation strategy and confidence in future earnings and cash flow.
Quaker Houghton (NYSE: KWR) has scheduled its second quarter 2022 earnings release for August 4, 2022, after market close. The investor call will take place the following day, August 5, 2022, at 8:30 a.m. ET. Investors can participate via phone or through an audio webcast available on the investor relations section of Quaker Houghton's website. The earnings release is expected to provide insights into the company's financial performance during the quarter.
SKF and Quaker Houghton (NYSE: KWR) have formed a collaboration to promote the circular use of industrial oil. This initiative aims to reduce CO2 emissions and optimize resource utilization through SKF RecondOil's Double Separation Technology (DST). The partnership will introduce tailored solutions under fee- or performance-based contracts and initially launch in Europe, with plans for global expansion. Leaders from both companies emphasize the significance of improving factory ecosystems and enhancing customer experiences through sustainable practices.
Quaker Houghton (NYSE: KWR) has appointed Melissa Leneis as Senior Vice President and Chief Human Resources Officer, effective July 5, 2022. In her role, Leneis will oversee the global Human Resources organization, addressing areas like talent management and diversity initiatives. Andy Tometich, CEO, emphasized her extensive experience in leading global HR organizations, stating that she will be pivotal in attracting and retaining talent essential for the company's strategic goals. Prior to this, Leneis held HR leadership positions at InterDigital, Johnson Controls, and Lockheed Martin.
SIFCO ASC has launched the Advanced Solution Control System (ASCS), a portable plating system featuring dripless technology. This innovative system improves safety and environmental conditions by recycling chemical solutions through SMART tools, reducing waste and exposure to harmful substances. The ASCS offers increased automation, optimizing cycle times and minimizing human errors. Available in two sizes, Nano and Prime, the ASCS caters to both basic and complex plating operations, showcasing SIFCO ASC's commitment to enhancing selective plating technology.
Quaker Houghton (NYSE: KWR) announced that CEO Andy Tometich and CFO Shane Hostetter will present at Deutsche Bank's 13th Annual Global Materials Conference in New York City on June 9, 2022, at 11:15 a.m. EDT. The presentation will be accessible via a live webcast on the company's investor website. Quaker Houghton is recognized as a global leader in industrial process fluids, serving clients across diverse sectors including steel, automotive, and aerospace. Headquartered in Conshohocken, Pennsylvania, Quaker Houghton employs approximately 4,700 industry experts dedicated to enhancing operational efficiency.
Quaker Houghton, a leader in industrial process fluids, emphasizes its commitment to the steel industry at the AISTech Conference from May 16-18, 2022, in Pittsburgh. The company will showcase innovative products and solutions, including QH FLUID INTELLIGENCE™ and fire-resistant lubricants. Experts will present research papers, addressing lubrication and environmental safety. Quaker Houghton operates in over 25 countries, providing tailored solutions to enhance efficiency in steel manufacturing.
Quaker Houghton (NYSE: KWR) declared a quarterly cash dividend of $0.415 per share, to be paid on July 29, 2022. Shareholders of record as of July 15, 2022 will receive this payment. As a global leader in industrial process fluids, Quaker Houghton operates in over 25 countries and serves various advanced industries, including steel and automotive. The company focuses on innovative and sustainable solutions, supported by approximately 4,700 employees across its operations.
Quaker Houghton (NYSE: KWR) reported record net sales of $474.2 million, a 10% increase from last year, driven by a 17% rise in selling prices. However, net income fell to $19.8 million or $1.11 per diluted share, down from $38.6 million or $2.15 per share. Adjusted EBITDA also dropped to $60.4 million from $77.1 million. The decrease in organic sales volumes (down 6%) and increased costs due to inflation are notable challenges. The company continues to navigate supply chain disruptions and geopolitical issues while focusing on strategic pricing actions.
Quaker Houghton (NYSE: KWR) and SIFCO ASC will showcase their innovative solutions for offshore oil and gas challenges at the Offshore Technology Conference from May 2-5, 2022, in Houston, TX. Their offerings include STACK MAGIC® control fluids, HOUGHTO-SAFE® hydraulic fluids, SIFCO PROCESS® electroplating, and SynDeck™ marine coatings, all designed to enhance performance while addressing cost and environmental pressures in the industry. This event aims to connect with clients and highlight their commitment to efficient and sustainable offshore operations.
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