Quaker Houghton announces joint venture with Grindaix
Quaker Houghton, a global leader in industrial process fluids, has entered into an exclusive joint venture with Grindaix GmbH, a German-based, high-tech provider of coolant control and delivery systems.
Grindaix is a spin-off from RWTH-Aachen, a public research university located in Aachen, North Rhine-Westphalia, Germany. Grindaix specializes in optimizing and modifying coolant supply systems for machine tools. Its solutions apply to a wide range of machining processes, including grinding applications in the metalworking sector. The technology the company provides helps customers precisely measure and optimize parameters such as coolant flow, velocity, temperature, nozzle angles, and pressures; significantly increasing the success of coolant application.
Headquartered in Conshohocken, Pennsylvania, U.S.A., Quaker Houghton operates in more than 25 countries. Its customers include thousands of the world’s most advanced and specialized steel, aluminum, automotive, aerospace, offshore, can, mining, and metalworking companies.
“This partnership is an excellent strategic fit with broad application. We see several advantages for our customers investing in system automation and optimization trends evolving from Industry 4.0,” said Joe Berquist, SVP and chief strategy officer for Quaker Houghton. “Grindaix’s advanced capabilities enable us to deliver on our promise to make our customers more competitive, as we combine advanced product chemistry with equipment solutions to deliver an optimal package for performance, cost, and quality. We call this powerful combination ‘Fluid Intelligence’. Grindaix’s data based approach to coolant system operation has been growing steadily in the German market, and we see an opportunity to leverage their technology across our broader solutions portfolio.”