Quaker Chemical Earns Distinction from Russian Steel Manufacturer MMK
Customer Satisfaction Leads to “Best Supplier of Lubricant Products” Award
CONSHOHOCKEN, PA (August 7, 2018) – Quaker Chemical Corporation (NYSE:KWR, “Quaker”) has been named “Best Supplier of Lubricant Products 2017” by MMK (Magnitogorsk Iron and Steel Works), one of the world’s largest steel producers and a leading Russian metals company.
- Resulting from a long partnership dating back to 2002, the award embodies Quaker’s technical expertise, product technology, and strong commitment that has consistently led to increased cooperation and customer satisfaction.
- Currently, Quaker rolling oils are used in the hot and cold rolling applications in most of MMK’s rolling mills.
- Over the last years, Quaker has introduced value added and risk reducing technologies to the company’s operations which has resulted in a lower total cost of ownership and increased safety. For example, Quaker implemented QUINTOLUBRIC®, a fire-resistant hydraulic fluid on a 5-meter-wide hot rolling mill to replace a mineral oil in the hydraulic system. While most common hydraulic fluids are combustible and pose a fire risk, the use of QUINTOLUBRIC® has improved the safety in plants, without jeopardizing the productivity and performance of the production line.
To learn more about the steel process fluids product lines including cleaners, rolling oils, corrosion preventives, surface treatment, greases, and hydraulic fluids, visit our website. (https://www.quakerchem.com/industry/steel/).
About Quaker Chemical Corporation:
Quaker Chemical is a leading global provider of process fluids, chemical specialties, and technical expertise
to a wide range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans, and others.
For 100 years, Quaker has helped customers around the world achieve production efficiency, improve product quality, and lower costs through a combination of innovative technology, process, knowledge, and customized services. Headquartered in Conshohocken, Pennsylvania, USA, Quaker serves businesses worldwide with a network of dedicated and experienced professionals whose mission is to make a difference. Visit quakerchem.com to learn more.
MMK is one of the world’s largest steel producers and a leading Russian metals company. The company’s operations in Russia include a large steel-producing complex encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2017, the company produced 12.9 million tons of crude steel and 11.6 million tons of commercial steel products. MMK Group had sales in 2017 of USD 7,546 million and EBITDA of USD 2,032 million.