ILMA Compoundings July 2018 - 6

INSIDE ILMA

ILMA Committee to Serve
as a Resource for Global
Operations
By Mindy Long

T

he lubricant market has become more global, and
the issues associated with a multinational matrix
can be complex. To help its members navigate the
challenges associated with operating across borders, ILMA
has created the Global Affairs & Trade Committee.
"The world is changing, and our industry is changing,"
said Ron Powell, president of MorOil Technologies and
chair of the new committee. "The lubricants industry in the
U.S. is mature but not growing rapidly. In other parts of the
world, there are a lot of opportunities."
ILMA has engaged Jim Eggenschwiler, director of global
trade for The Redstone Group, to work with the committee.
Eggenschwiler said the committee's top priority will be providing members with knowledge and resources that improve
their ability to grow their business in global markets.

"Since most ILMA members have limited, if any, structural
presence outside the U.S., they are easily at a disadvantage placing their products in global markets where regulatory and other
differences are better known by local and regional players. Any
progress we make in leveling the playing field benefits ILMA
members and the industry as a whole," Eggenschwiler said.
A recent ILMA survey found that the Association's members are either already involved in global commerce or are
very interested in getting involved in it. "They ranked their
areas of interest - both what countries they're interested in
and what the issues are," said Holly Alfano, CEO of ILMA.
(See graphs below and on page 8.)
The committee will look at regulatory issues, tariffs and
trade agreements, and logistics and the physical movement
of goods, Powell said.

Would you be interested in more assistance with,
and information about, any of these global regions?
South America

70.45%
65.91%

Mexico
Asia (China, South
Korea... )

56.82%

Canada

54.55%

ASEAN (Brunei
Darussalam... )

52.27%
47.73%

EU
India

31.82%

UK

25.55%

Africa

22.73%

Other

18.18%
0%

6

JULY 2018

10%

| COMPOUNDINGS | ILMA.ORG

20%

30%

40%

50%

60%

70%

80%

90%

100%


http://www.ILMA.ORG

ILMA Compoundings July 2018

Table of Contents for the Digital Edition of ILMA Compoundings July 2018

LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
HIGHER RATES, TIGHTER CAPACITY
BEARING FRUIT IN THE FOOD-GRADE LUBRICANTS MARKET
ACHIEVING PEAK PERFORMANCE
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
Cross Connections
PORTRAIT
ILMA Compoundings July 2018 - Cover1
ILMA Compoundings July 2018 - Cover2
ILMA Compoundings July 2018 - 1
ILMA Compoundings July 2018 - 2
ILMA Compoundings July 2018 - LETTER FROM THE CEO
ILMA Compoundings July 2018 - INSIDE ILMA
ILMA Compoundings July 2018 - 5
ILMA Compoundings July 2018 - 6
ILMA Compoundings July 2018 - 7
ILMA Compoundings July 2018 - 8
ILMA Compoundings July 2018 - 9
ILMA Compoundings July 2018 - WHAT’S COMING UP
ILMA Compoundings July 2018 - 11
ILMA Compoundings July 2018 - INDUSTRY RUNDOWN
ILMA Compoundings July 2018 - 13
ILMA Compoundings July 2018 - 14
ILMA Compoundings July 2018 - In the Know
ILMA Compoundings July 2018 - International Insight
ILMA Compoundings July 2018 - 17
ILMA Compoundings July 2018 - Market Report
ILMA Compoundings July 2018 - 19
ILMA Compoundings July 2018 - HIGHER RATES, TIGHTER CAPACITY
ILMA Compoundings July 2018 - 21
ILMA Compoundings July 2018 - 22
ILMA Compoundings July 2018 - 23
ILMA Compoundings July 2018 - 24
ILMA Compoundings July 2018 - 25
ILMA Compoundings July 2018 - 26
ILMA Compoundings July 2018 - 27
ILMA Compoundings July 2018 - BEARING FRUIT IN THE FOOD-GRADE LUBRICANTS MARKET
ILMA Compoundings July 2018 - 29
ILMA Compoundings July 2018 - 30
ILMA Compoundings July 2018 - 31
ILMA Compoundings July 2018 - 32
ILMA Compoundings July 2018 - 33
ILMA Compoundings July 2018 - ACHIEVING PEAK PERFORMANCE
ILMA Compoundings July 2018 - 35
ILMA Compoundings July 2018 - 36
ILMA Compoundings July 2018 - 37
ILMA Compoundings July 2018 - BUSINESS HUB
ILMA Compoundings July 2018 - 39
ILMA Compoundings July 2018 - COUNSEL COMPOUND
ILMA Compoundings July 2018 - 41
ILMA Compoundings July 2018 - 42
ILMA Compoundings July 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings July 2018 - Member Connections
ILMA Compoundings July 2018 - 45
ILMA Compoundings July 2018 - Cross Connections
ILMA Compoundings July 2018 - 47
ILMA Compoundings July 2018 - PORTRAIT
ILMA Compoundings July 2018 - Cover3
ILMA Compoundings July 2018 - Cover4
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