Quaker Chemical Corporation is a leading global provider of process chemicals, chemical specialties, services, and technical expertise to a wide range of industries—including steel, automotive, mining, aerospace, tube and pipe, coatings, and construction materials. Our products, technical solutions, and chemical management services enhance our customers’ processes, improve their product quality, and lower their costs. Quaker’s headquarters is located near Philadelphia in Conshohocken, Pennsylvania.


(In thousands except per share data) 2006 2005 2004
Net sales $460,451 $424,033 $400,695
Gross margin 142,601 129,814 130,877
Operating income 21,632 3,154 16,891
Net income 11,667 1,688 8,974
Per share data:
Net income basic $1.19 $0.17 $0.93
Net income diluted 1.18 0.17 0.90
Dividends declared 0.86 0.86 0.86
Dividends paid 0.86 0.86 0.855
(In thousands) 2006 2005 2004
Total assets $357,382 $331,995 $324,893
Working capital 96,062 79,105 45,569
Shareholders' equity 110,831 105,907 122,587
Number of shares outstanding 9,926 9,726 9,669

Certifications: Ronald J. Naples and Neal E. Murphy have provided certifications to the Securities and Exchange Commission as required by Section 302 of the Sarbanes-Oxley Act of 2002. These certifications are included as Exhibits 31.1 and 31.2 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2006.

As required by the New York Stock Exchange (NYSE), on June 6, 2006, Ronald J. Naples submitted his annual certification to the NYSE that stated he was not aware of any violation by the Company of the NYSE corporate governance listing standards.