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.
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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.
Quaker Houghton (KWR) has scheduled its first quarter 2022 earnings release for May 5, 2022 after the market closes. The subsequent investor call is set for May 6, 2022 at 8:30 a.m. (ET). Investors can join via phone or listen to the live audio webcast on the company’s investor relations website. The dial-in number is +1-877-269-7756 (toll-free) and +1-201-689-7817 (toll). A digital replay will be available until May 13, 2022. Quaker Houghton is a leading global provider in industrial process fluids.
Quaker Houghton will showcase its portfolio of innovative metal finishing and metalworking solutions at Extrusion Technology 2022 in Orlando, FL from May 3-5, 2022. The company aims to address industry challenges such as quality, corrosion protection, and safety. Featured products include HOUGHTO-ETCH™, HOUGHTO-COLOR™, and HOUGHTO-SEAL™. Experts from Quaker Houghton will deliver presentations on water-based metalworking fluid development and anodized aluminum coating thickness. The event highlights Quaker Houghton's role as a leader in metalworking solutions.
Quaker Houghton (NYSE: KWR) showcases its passivation and cleaning technologies for steel at the Galvanizers Association 112th Meeting from March 27-30, 2022 in Myrtle Beach, South Carolina. Highlighting a range of surface treatments, including hexavalent chromium, trivalent chromium, and chromium-free technology, the company's Lab Manager, Linfeng Gou, will present on March 28 about zinc surface chemistry. Quaker Houghton aims to enhance efficiency and safety in steel production with its comprehensive line of solutions.
Quaker Houghton (KWR) reported strong financial results for Q4 2021 with net sales of $447 million, up 16% from Q4 2020. Despite a net income decline to $18.1 million, adjusted EBITDA was $60.7 million. The company faced challenges from raw material cost increases and supply chain disruptions, particularly in the automotive sector. Acquisitions during Q4 are expected to add approximately $13 million in net sales and $2 million in adjusted EBITDA for 2022. Looking ahead, Quaker anticipates continued cost pressures but aims to implement pricing adjustments to recover margins.