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News Release

Quaker Chemical Corporation Announces Fourth Quarter and Year-End Earnings and Investor Conference

CONSHOHOCKEN, Pa., Feb 3, 2003 /PRNewswire-FirstCall via COMTEX/ -- Quaker Chemical Corporation (NYSE: KWR) today announced the following schedule and contact information for its fourth quarter and year-end 2002 earnings release and investor conference:

   Earnings Release:    February 20, 2003 (after business hours)
                        Visit Quaker Web site at

   Teleconference:      February 21, 2003
                        2:30 p.m. (Eastern Time)
                        Participate live via telephone or listen to live
                         audio Webcast through Quaker's Web site at

   Dial-in Number:      800-922-0755
                        Please call 5-10 minutes prior to the scheduled start
                         of call.  No password required.

                        If unable to participate live, select from one of the
                         following replay options:

   Phone Replay:        Available through Tuesday, February 25, 2003.
                         Call 877-519-4471; Reservation No. 3694585

   Archived Webcast:    Visit Quaker's Web site at
Quaker Chemical Corporation, headquartered in Conshohocken, Pennsylvania, is a worldwide developer, producer, and marketer of custom-formulated chemical specialty products and a provider of chemical management services for manufacturers around the globe, primarily in the steel and automotive industries.

SOURCE Quaker Chemical Corporation

CONTACT:          Michael F. Barry, Vice President and Chief Financial Officer of
                  Quaker Chemical, +1-610-832-8500