KWR News & Events

Quaker Houghton announced the opening of its new manufacturing facility in Zhangjiagang, China, expanding local production capabilities to support growing customer demand across the Asia-Pacific region. The facility strengthens Quaker Houghton's global manufacturing network and adds new production capabilities for die casting and grease product lines, while supporting industries including steel, aluminum, automotive, beverage can, mining and wind power.

Quaker Houghton has approved a new share repurchase program authorizing the company to repurchase up to an aggregate of $250M of its common stock. The company has terminated its prior 2024 share repurchase program. The program may be suspended, modified, or discontinued at any time without prior notice. The company expects to fund the repurchases by using cash on hand and expected free cash flow to be generated in the future.

Quaker Houghton announced that the Board of Directors has elected Mark A. Douglas as Chairman of the Board, effective immediately. Mr. Douglas will succeed Michael F. Barry, who has decided to retire as Chairman and a member of the Board. In connection with Mr. Barry's retirement, the Board acted to reduce its size from eleven to ten directors, effective May 13, 2026.