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News Release

Quaker Chemical Corporation Selected as a 2002 Dividend Achiever

CONSHOHOCKEN, Pa., May 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- Quaker Chemical Corporation (NYSE: KWR) has been selected as a "2002 Dividend Achiever" by Mergent, a leading provider of global business information to the financial investment community. Of the more than 10,000 companies in Mergent's public company database, Quaker was among 281 companies that qualified as having an outstanding record of increasing cash dividends annually for its shareholders for at least the last ten years.

Mr. Ronald J. Naples, Chairman and Chief Executive Officer, stated, "We're pleased to have this kind of recognition for Quaker. In fact, our dividend increase record actually goes back 30 years. We're glad to be able to provide this as a source of return for our shareholders, even as we increasingly put resources into growth."

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: D. Jeffry Benoliel, Vice President, Corporate Secretary and General Counsel of Quaker Chemical, +1-610-832-7850


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