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News Release


Quaker Chemical Corporation Announces Quarterly Dividend

CONSHOHOCKEN, Pa., Sept. 22 /PRNewswire-FirstCall/ -- The Board of Directors of Quaker Chemical Corporation (NYSE: KWR) today declared a quarterly dividend of $.215 per share, payable on October 29, 2004, to shareholders of record at the close of business on October 15, 2004.

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-                             09/22/2004
    /CONTACT:  D. Jeffry Benoliel, Vice President, Corporate Secretary and
General Counsel, Quaker Chemical Corporation, +1-610-832-7850/
    /Web site:  http://www.quakerchem.com /
    (KWR)

CO:  Quaker Chemical Corporation
ST:  Pennsylvania
IN:  CHM
SU:  DIV

MZ 
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2094 09/22/2004 16:08 EDT http://www.prnewswire.com