ILMA Compoundings May 2017 - 48

IN NETWORK

Cross Connections
A Voice For Asia: ALMA Unveiled
At F+L Week 2017
By Vicky Villena-Denton

I

LMA is one of several lubricant manufacturer organizations advancing members' interests across the globe by
lobbying government, providing services and support,
educating the public or maintaining a favorable business
environment. Comparable organizations include the United
Kingdom Lubricant Association (UKLA), representing
lubricant producers in Britain; the Technical Association for
the European Lubricants Industry (ATIEL); and the Union
of the European Lubricants Industry (UEIL).
Surprisingly, Asia lacks a single collective voice. Several small local trade associations exist, active in individual
member countries, but there is currently no organization
advancing the combined interests of Asian lubricant manufacturers and no infrastructure for cooperation throughout
the region. This is despite Asia-Pacific playing an increasingly prominent role in the global lubricants market. Forty-six
percent of worldwide finished lubricant volume and 43
percent of base stock demand originate in the Asia-Pacific
region, according to Geeta Agashe, an industry consultant
who spent 19 years at Kline Group. Agashe suggests Asia is
now the "epicenter of the global lubricants industry."
In an accelerating international market, a voice for Asia
is important. Now is an opportune time for the Asian
lubricant industry to unite around unprecedented challenges
such as manufacturing advancement, maintaining quality
alongside speed to market, external threats and an increasingly regulated environment.
During the Appreciation Dinner at the recent F+L
Week 2017 at Four Seasons Hotel in Singapore, I formally announced the establishment of an Asian Lubricant
Manufacturers Association (ALMA) to representatives from
leading lubricant companies in the Asia-Pacific region and
the world. The new organization endeavors to become the
principal voice of the Asian lubricants industry.
Currently in the formation stage, ALMA represents the
combined knowledge and expertise of lubricant manufacturers throughout the Asian region, including independent
lubricant manufacturers, national oil companies and major
oil companies.

48

MAY 2017

| COMPOUNDINGS | ILMA.ORG

ALMA will focus on three specific areas. First, to establish
itself as the trusted voice of the Asian lubricants industry, the
organization will look to develop close working relationships
with Asian governments and affiliated agencies and to align
with national and international associations sharing comparable interests. In doing so, the organization hopes to promote

Do You Know About the ILMA
Foundation Scholarship Program?
2017-2018 Scholarship Application Period is Open!

Applications accepted through June 30, 2017.
The ILMA Foundation and Board of Directors are
passionate about assisting future leaders through the
Scholarship Program. With member support, ILMA has
awarded over $350,000 in scholarships since the start
of the program in 2000. Scholarship contributions may
be made by companies or by individuals. The ILMA
Scholarship Program is part of the ILMA Foundation, a
501(c)(3) organization. Contributions are tax-deductible
to the extent allowed by law.

ILMA
FOUNDATION

SCHOLARSHIP

PROGRAM

For more information, contact
Tim Mack at 703-684-5574 or
tmack@ilma.org.


http://www.ILMA.ORG

ILMA Compoundings May 2017

Table of Contents for the Digital Edition of ILMA Compoundings May 2017

Letter from the CEO
Inside ILMA
What's Coming Up
Industry Rundown
Trump Military Budget = Heightened Lube Demand
Trade Agreement Opens Doors for Lube Exporters
All in the Family
Business Hub
Counsel Compound
Washington Landscape
In Network
Portrait
ILMA Compoundings May 2017 - Cover1
ILMA Compoundings May 2017 - Cover2
ILMA Compoundings May 2017 - 1
ILMA Compoundings May 2017 - 2
ILMA Compoundings May 2017 - Letter from the CEO
ILMA Compoundings May 2017 - Inside ILMA
ILMA Compoundings May 2017 - 5
ILMA Compoundings May 2017 - What's Coming Up
ILMA Compoundings May 2017 - 7
ILMA Compoundings May 2017 - Industry Rundown
ILMA Compoundings May 2017 - 9
ILMA Compoundings May 2017 - 10
ILMA Compoundings May 2017 - 11
ILMA Compoundings May 2017 - 12
ILMA Compoundings May 2017 - 13
ILMA Compoundings May 2017 - 14
ILMA Compoundings May 2017 - 15
ILMA Compoundings May 2017 - 16
ILMA Compoundings May 2017 - 17
ILMA Compoundings May 2017 - Trump Military Budget = Heightened Lube Demand
ILMA Compoundings May 2017 - 19
ILMA Compoundings May 2017 - 20
ILMA Compoundings May 2017 - 21
ILMA Compoundings May 2017 - Trade Agreement Opens Doors for Lube Exporters
ILMA Compoundings May 2017 - 23
ILMA Compoundings May 2017 - 24
ILMA Compoundings May 2017 - 25
ILMA Compoundings May 2017 - 26
ILMA Compoundings May 2017 - 27
ILMA Compoundings May 2017 - 28
ILMA Compoundings May 2017 - 29
ILMA Compoundings May 2017 - All in the Family
ILMA Compoundings May 2017 - 31
ILMA Compoundings May 2017 - 32
ILMA Compoundings May 2017 - 33
ILMA Compoundings May 2017 - 34
ILMA Compoundings May 2017 - 35
ILMA Compoundings May 2017 - Business Hub
ILMA Compoundings May 2017 - 37
ILMA Compoundings May 2017 - 38
ILMA Compoundings May 2017 - 39
ILMA Compoundings May 2017 - Counsel Compound
ILMA Compoundings May 2017 - 41
ILMA Compoundings May 2017 - 42
ILMA Compoundings May 2017 - Washington Landscape
ILMA Compoundings May 2017 - 44
ILMA Compoundings May 2017 - 45
ILMA Compoundings May 2017 - In Network
ILMA Compoundings May 2017 - 47
ILMA Compoundings May 2017 - 48
ILMA Compoundings May 2017 - 49
ILMA Compoundings May 2017 - 50
ILMA Compoundings May 2017 - 51
ILMA Compoundings May 2017 - Portrait
ILMA Compoundings May 2017 - Cover3
ILMA Compoundings May 2017 - Cover4
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