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News Release

Quaker Chemical Corporation Announces Quarterly Dividend

CONSHOHOCKEN, Pa., May 10 /PRNewswire-FirstCall/ -- The Board of Directors of Quaker Chemical Corporation (NYSE: KWR) today declared a quarterly dividend of $.215 per share, payable on July 31, 2006, to shareholders of record at the close of business on July 17, 2006.

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
    -0-                             05/10/2006
    /CONTACT:  D. Jeffry Benoliel, Vice President, Corporate Secretary and
General Counsel, Quaker Chemical Corporation, +1-610-832-7850/
    /Web site:

CO:  Quaker Chemical Corporation
ST:  Pennsylvania

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3962 05/10/2006 15:23 EDT