Quaker Chemical Corporation Awarded Chemical Management Contracts for Seven GM Powertrain Plants

CONSHOHOCKEN, Pa., April 11 -- Quaker Chemical Corporation has been awarded a series of three-year contracts to provide products and services for chemical management at seven General Motors Powertrain manufacturing sites. Sites include the Flint North Engine and Components, Flint South Engine, Romulus Engine, Romulus Transmission, and Willow Run Transmission plants in Michigan, the Fredericksburg plant in Virginia, and the Toledo Transmission plant in Ohio. These seven plants represent 65% of GM's Powertrain manufacturing capacity in the United States. In addition, three-year contract renewals were awarded for Quaker at all 11 General Motors Metal Fabricating Division plants.

Quaker's Chemical Management Services group will assume sole responsibility for managing coolants, hydraulic fluids, lubricants, and biocides, as well as process and maintenance cleaners. Each contract also calls for Quaker to identify and implement programs to reduce costs within the plant's processes and to quantify the resultant savings over the contract period.

Quaker Chemical Management Services offers a completely flexible management service to major automotive producers, heavy equipment builders, and aerospace companies throughout the world. Programs are customized to meet a manufacturer's specific needs and allow full access to the benefits of Quaker's global process expertise in the metalworking area. Quaker's involvement can range from simple chemical procurement, to full environmental tracking and reporting, to process monitoring with improvement in cost and quality. As programs become more sophisticated, compensation can be based on guaranteed savings and improvement for the customer.

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.