Quaker Chemical Receives Ringier Technology Innovation Award in Coating Industry

High-Performance, Water-Based Coating QUAKERCOAT® 801 Meets the VOC Emission Challenge

CONSHOHOCKEN, Pa., Aug. 2, 2017 - Quaker Chemical Corporation (NYSE: KWR, "Quaker") has won a 2017 Ringier Technology Innovation Award with its process fluid, QUAKERCOAT® 801, a high-performance, fast-drying water-based coating. It was the second time that Quaker has been awarded this distinction.

Organized by Ringier Trade Media and the magazine "Coatings and Ink China," the Ringier Technology Innovation Awards–Coating Industry recognize outstanding innovative products and leading technologies in the industry. Encouraging companies to invest in R&D to improve efficiency and achieve sustainable development, these awards were selected by a committee that included users and seven experts from the domestic Chinese coating industry.

Due to a series of Volatile Organic Compounds (VOC) emission environmental policies being instituted by the Chinese government, more companies are moving to water-based coatings. However, it is challenging to find a product that can conform to the manufacturing process while meeting the customers' needs.

Driven by innovation (https://www.quakerchem.com/our-responsibility/product-impact/rd-and-innovation/), Quaker developed QUAKERCOAT® 801, a fast-drying water-based coating that provides permanent protection for diesel engines and meets the strict criteria of the regulation, "HK-2537: Technical requirements for environmental labeling products – Water based coatings". While significantly decreasing consumption, it satisfies the VOC emissions challenge and offers a comparatively faster drying time than some other water-based coatings. QUAKERCOAT® 801 can reduce VOC content without any special construction requirements, production line rebuilding, or equipment changes.

About Quaker Chemical Corporation:

Quaker Chemical is a leading global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe,cans, and others. For nearly 100 years, Quaker has helped customers around the world achieve production efficiency, improve product quality, and lower costs through a combination of innovative technology, process knowledge, and customized services. Headquartered in Conshohocken, Pennsylvania USA, Quaker serves businesses worldwide with a network of dedicated and experienced professionals whose mission is to make a difference. Visit quakerchem.com to learn more.

Quaker Chemical Corporation

CONTACT:

Jessica Sabedra,

Marketing Manager,

sabedraj@quakerchem.com,

T. 610.832.8503

Web Site: http://www.quakerchem.com

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