KWR - Quaker Houghton and SKF sign collaboration to deliver circular use of oil

• Quaker Houghton ( NYSE: KWR ) entered into a collaboration with SKF that will combine the former's industrial oils and application expertise with latter's RecondOil's Double Separation Technology for enabling the industry to more efficiently utilize its resources by reducing the unsustainable linear of use of oil.
• The solutions will be offered under fee- or performance-based contracts, helping provide Quaker Houghton and SKF customers with future-oriented offers and facilitate their transition into a circular economy.
• The offerings will be introduced gradually across Europe, with a long-term aim to offer circular use of oil worldwide.

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