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Opening photo: Quaker Chemical Corporation and Houghton International have combined to create Quaker Houghton, the global leader in industrial process fluids to the primary metals and metalworking markets.
HIGHLIGHT OF THE MONTH
Leaders in Industrial Process Fluids Combine to Form Quaker Houghton Mary Dean Hall Quaker Houghton - Conshohocken (PA), United States
hallm@quakerchem.com
Q
uaker Chemical Corporation and
customers worldwide. Quaker was founded in
The company’s combined breadth of product
Houghton International have combined
1918 and Houghton in 1865.
and service offerings can be found in end-
to create Quaker Houghton (NYSE:
“We are rooted in companies commonly
markets such as aerospace, aluminium,
KWR), the global leader in industrial process
acknowledged as authorities in industrial fluids
automotive, machinery, can manufacturing,
fluids to the primary metals and metalworking
and valued experts in customer processes,”
industrial parts manufacturing, mining,
markets.
said Michael F. Barry, Chairman, Chief
offshore, steel, and tube and pipe industries.
Along with the new name, the company revealed
Executive Officer, and President of the new
With its expanded products and services
a new logo and brand representing the combined
company. Mr. Barry, who previously served
portfolio, the company expects that cross-
companies (Fig. 1). The company will continue to
Quaker Chemical in similar capacities, went
selling opportunities will facilitate continued
be listed on the New York Stock Exchange and
on to say, “Our similar cultures and values,
above-market growth. Specific products the
trade under the “KWR” ticker symbol.
combined with the talent and resources we
company offers include metal cutting and
bring to Quaker Houghton, create exciting
forming fluids, corrosion protection fluids,
opportunities to deliver innovative solutions
specialty hydraulic fluids, and steel and
The combined $1.6 billion revenue company
that will help our customers’ operations run
aluminium rolling oils. In addition,
employs 4,000 associates serving 15,000
even more efficiently and effectively.”
legacy-Houghton customers will benefit
A Strategic Combination is Formed
42
N. 59 - SEPTEMBER/OCTOBER 2019 - international PAINT&COATING magazine