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News Release

Quaker Chemical Corporation Announces Second Quarter Earnings and Investor Conference Schedule

CONSHOHOCKEN, Pa., July 14 /PRNewswire-FirstCall/ -- Quaker Chemical Corporation (NYSE: KWR - News) today announced the following schedule and contact information for its second quarter 2003 earnings release and investor conference:

      Earnings Release:      July 31, 2003 (after business hours)
                             Visit Quaker Web site at

      Teleconference:        August 1, 2003
                             10:30 a.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

      Phone Replay:          Available through Tuesday, August 5, 2003.
                             Call 877-519-4471;  Reservation No. 4055258.

      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.