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 Houghton (NYSE: KWR) is a global industrial process fluids company serving advanced steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking customers. This news page aggregates company announcements, earnings releases, dividend declarations, leadership updates, and other material developments that Quaker Houghton discloses to the market.
Investors and industry followers can use this feed to review Quaker Houghton’s quarterly and annual financial results, including discussions of net sales trends, segment performance in the Americas, EMEA, and Asia/Pacific, and management commentary on organic volume growth, new business wins, acquisitions, and macroeconomic conditions affecting its industrial end markets. The company’s news often highlights how tariffs, regional demand, and foreign currency translation influence results across its geographic segments.
Quaker Houghton’s press releases also cover capital allocation decisions such as quarterly cash dividends, dividend increases, and share repurchases, along with explanations of how these actions relate to cash flow generation and balance sheet management. Leadership and organizational announcements provide insight into roles focused on transformation, process optimization, and research and development for metals and metalworking solutions.
In addition, the company reports external recognition, such as inclusion on Newsweek’s list of America’s Most Responsible Companies, reflecting its environmental, social, and governance profile. By following this KWR news page, readers can see how Quaker Houghton communicates its industrial process fluids strategy, portfolio developments, acquisitions, and ESG-related milestones over time.
Quaker Houghton (NYSE: KWR) reported a strong third quarter for 2021, achieving net sales of $449.1 million, a 22% increase year-over-year. Net income rose to $31.1 million, or $1.73 per diluted share, compared to $27.3 million in the prior year. The company noted a significant impact from raw material cost increases and supply chain disruptions, leading to lower gross margins of 32.3%. Despite challenges, Quaker Houghton expects continued demand and plans further price increases to mitigate rising costs. Recent acquisitions are projected to add approximately $15 million in annual net sales.
Quaker Houghton (NYSE: KWR) will release its third quarter earnings on November 4, 2021, after market close. The investor call is scheduled for November 5, 2021, at 8:30 a.m. ET. Investors can participate via phone or listen to a live audio webcast on the company's investor relations website. The conference call can be accessed by dialing +1-877-269-7756 (toll-free) or +1-201-689-7817 (toll). A digital replay will be available until November 11, 2021, and archived webcasts can also be accessed through the investor relations page.
Quaker Houghton (NYSE: KWR) announces Andrew Tometich as the new CEO and President, effective December 1, 2021, succeeding Michael F. Barry, who will retire after over 23 years at the company. Tometich brings extensive experience, having led global specialty chemical businesses and successfully realigned teams at H.B. Fuller during COVID-19 challenges. Joseph A. Berquist has been promoted to Executive Vice President, Chief Strategy Officer, enhancing strategic initiatives including M&A and sustainability efforts.
Quaker Houghton (NYSE: KWR) and its subsidiary SIFCO ASC are set to showcase their innovative solutions for the mining industry at MINExpo 2021 in Las Vegas from September 13-15. With increasing pressures on mining operations to ensure safety and reduce environmental impacts, Quaker Houghton is promoting products such as QUINTOLUBRIC® fire-resistant hydraulic fluids, DUSTGRIP® dust suppressants, and MINETECH™ ground control agents. Their advanced technologies aim to enhance operational efficiency while addressing critical challenges faced by mining companies today.
Quaker Houghton (NYSE: KWR) announced a quarterly dividend of $0.415 per share, marking a 5.1% increase from the previous dividend. The dividend is payable on October 29, 2021, to shareholders of record by October 15, 2021. This represents the company's 12th consecutive dividend increase and the 45th increase since its public listing in 1972, highlighting a strong track record of 50 years of uninterrupted dividends. The Board expressed confidence in future cash flow despite increased investments in working capital.
Quaker Houghton (NYSE: KWR) reported strong Q2 2021 results, with net sales soaring to $435.3 million, a 52% increase from $286.0 million in Q2 2020. The company achieved net income of $33.6 million ($1.88 per diluted share) compared to a loss of $7.7 million in the same quarter last year. This growth was driven by a 40% increase in sales volumes, supported by strategic acquisitions and favorable currency impacts. However, raw material costs and supply chain pressures negatively affected gross margins, which decreased to 35.5% from 36.3% in Q1 2021. Looking ahead, Quaker anticipates continued strong demand amid expected challenges in automotive sectors due to semiconductor shortages.
Quaker Houghton (NYSE: KWR) will showcase its industrial process fluid solutions at FABTECH 2021 from September 13-16 in Chicago. The company will exhibit pre-treatment and surface finishing products from its subsidiaries, Coral Chemical and SIFCO ASC. Attendees at booth D45762 can watch live demonstrations of the SIFCO Process® for selective electroplating. Key technologies highlighted include QUAKERCOOL® series coolants and QUAKERCOAT® protective coatings. Quaker Houghton emphasizes improving productivity and reducing operating costs through its innovative solutions.
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Quaker Houghton (NYSE: KWR) announced its second quarter earnings release for August 3, 2021, after market close. An investor teleconference is scheduled for August 4, 2021, at 7:30 a.m. ET. Interested participants can join the call via phone or live audio webcast on their website. For those unable to attend live, digital replay options will be available until August 10, 2021. This earnings release comes as Quaker Houghton continues to serve a diverse clientele in industrial process fluids across various sectors, employing about 4,200 professionals globally.
Quaker Houghton (NYSE: KWR), a leader in industrial process fluids, will showcase its innovative and sustainable steel process fluid solutions at AISTech 2021 from June 29 to July 1 in Nashville. Featured products include hydraulic fluids, lubricants, and fire-resistant fluids designed for efficiency and safety in steel manufacturing. The company also sponsors the AIST President's Reception, highlighting its commitment to the steel industry. Visit their booth 1603 for insights into improving productivity and minimizing waste.