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Quaker Houghton history
Quaker Houghton company history timeline
On November 11, 1918, Quaker Chemical Corporation was founded as Quaker Oil Products Corporation.
Since 1918, Quaker has been establishing and maintaining long-term relationships with leading customers in primary metals, metalworking, and other basic process industries all over the world.
In 1930, Quaker reorganized and changed its name to Quaker Chemical Products Corporation and incorporated in the Commonwealth of Pennsylvania.
In 1962, Quaker Chemical Products Corporation changed its name to Quaker Chemical Corporation to better suit the scope of its activities, which included process engineering and services, as well as the development, manufacture and sale of industrial specialty chemical products.
In 1963, Quaker formed a U.K. subsidiary Quaker Chemical Limited.
May 3, 1972 – Quaker completes its Initial Public Offering (IPO) making shares in the Company available to the public for the first time.
In June 1978, Quaker made its first major United States acquisition of Selby, Battersby & Co., a manufacturer of flooring systems for industrial, commercial and institutional buildings, and marine decking materials.
In 1987, Quaker entered the aerospace coating market with the acquisition of AC Products, Inc. in California.
Dieter Laininger joined the Company in 1991.
March 1992 – Quaker acquires the remaining 50% equity interest in Quaker Quimica Espanola, S.A.
Wilbert Platzer joined the Company in 1995.
July 1996 – Quaker announces the phase-out of its manufacturing facility located in Conshohocken PA – USA by the end of the year.
August 1996 – Quaker files an application to list its common shares for trading on the New York Stock Exchange (“NYSE”) under the ticker symbol KWR. First NYSE trade occurs on August 23, 1996 for 100 shares.
Joseph A. Berquist joined the Company in 1997.
Lubricor Inc. was established in 1998 in Waterloo, Ontario, where the company’s headquarters, R&D and production are based.
Traub joined the Company in 2000.
January 2001 – Quaker Chemical enters into a joint venture with Quima International, LLC to form Q2 Technologies, LLC. Q2 Technologies specializes in H2S control with patented technologies.
February 2002 – Quaker acquires the business and assets of United Lubricants Corporation, a North American manufacturer and distributor of specialty lubricant products and chemical management services for the steel industry, located in Middetown, Ohio – USA.
April 29, 2002 – Quaker’s new corporate worldwide headquarters opens in Conshohocken, Pennsylvania – USA.
May 2003 – Quaker acquires a range of cleaners, wet tempter fluids and other products used in the steel industry from KS Chemie located in Dusseldorf, Germany.
March 2005 – Quaker acquires the remaining equity interest in its Brazilian joint venture.
November 2006 – Quaker acquires the remaining 40% equity interest in its Chinese joint venture . Company announces the expansion of its manufacturing and research and development presence in China and the consolidation of its regional headquarters into a new integrated facility in Qingpu, Shanghai.
In 2006, Quaker expanded its manufacturing and R&D presence in China with a new facility and regional headquarters in Qingpu, Shanghai.
May 2007 – Quaker, through its subsidiary, Q2 Technologies, LLC, acquires the oil analysis field chemical business of Frontier Research and Chemicals Company.
May 2008 – Quaker announces manufacturing site expansion at its Middletown, Ohio facility to triple production capacity and centralize Quaker’s North American production of steel, cleaners and hydraulic fluids.
He has also served as Director of Global Corporate Compliance since January 2009, a role he continues to hold in his new position.
The expansion is completed in late 2009.
July 2010 – Quaker acquires D. A. Stuart’s United States aluminum hot rolling oil business from Houghton International, including the rights to sell the product portfolio internationally.
Shane Hostetter joined the Company in 2011.
In 2011, Quaker acquired G.W. Smith to become a leading die casting lubricant provider in the United States
September 2012 – Quaker debuts its new integrated marketing campaign “It’s what’s inside that counts” encompassing an updated brand identity, logo and tagline.
December 2012 – Quaker forms a channel partnership with QAdvantage, a new enterprise designed to better serve industrial manufacturing customers and to support distributors in North America.
In 2012, Quaker acquired NP Coil Dexter.
In 2013, Quaker acquired a tin plating business, complementary to its steel portfolio.
November 3, 2014 – Quaker Chemical acquires Binol AB, a leading bio-lubricants producer primarily serving the Nordic region.
In 2015, Quaker acquired Verkol S.A., Spain.
November 2016 – Quaker acquired Lubricor Inc., a manufacturer and marketer of metalworking fluids based in Waterloo, Ontario, for approximately 16 million Canadian dollars, or $11.8 million.
December 21, 2017 – Quaker Chemical Corporation announced that it recently acquired the remaining 45% ownership interest in its India joint venture, Quaker Chemical India Private Limited (QCIL), from its joint venture partner, Asianol Lubricants Private Limited.
Prior to joining InterDigital in 2018, Ms.
Doctor Dave Slinkman has served as Senior Vice President, Chief Technology Officer since joining the Company on August 1, 2019.
Andy Tometich joined the Company on October 13, 2021 as Chief Executive Officer and President, effective December 1, 2021.
Tometich was also appointed to the Board as a director, effective December 1, 2021.
Dru Rai joined the Company on July 6, 2022, as Senior Vice President, Chief Information Digital Officer.
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Quaker Houghton competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Chemtura Corp | 2005 | $1.7B | 2,500 | - |
| Emerson | 1890 | $15.2B | 83,500 | 1,116 |
| Trinseo | 2010 | $2.7B | 2,100 | 26 |
| Griffon | 1959 | $2.6B | 4,700 | 6 |
| Barnes Group | 1857 | $1.5B | 5,000 | 62 |
| Crane Co. | 1855 | $1.5B | 11,000 | 162 |
| Martin Marietta | 1993 | - | 8,500 | 216 |
| Epmar | - | $14.2M | 35 | - |
| Union Carbide | 1917 | $4.4B | 3,800 | - |
| Cytec Industries | 1993 | $1.9B | 3,601 | - |
Quaker Houghton history FAQs
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Quaker Houghton may also be known as or be related to QUAKER CHEMICAL CORP, Quaker Chemical, Quaker Chemical Corp., Quaker Chemical Corporation and Quaker Houghton.