ILMA Compoundings – November 2019 - 19

In the Know
NEW YORK SETTLES OVER OBSOLETE OILS
Dollar General Corp. agreed to pay $1.1 million to settle New York's complaints
regarding the sale of obsolete motor oils and, more specifically, the labeling and
placement for store-branded API SF and SA motor oils. Also falling under the settlement umbrella was the sale of expired over-the-counter medicines at the stores.
The company maintains its claim that the sale of the oils and their placement on
the shelves does not violate state or federal requirements; however, it has stopped
selling them. Another class-action lawsuit involving 16 other states is ongoing.
BP FEELS PRESSURE TO MEET CLIMATE TARGET
Late this summer, BP CEO Bob Dudley said the company is selling assets to align
with the Paris Agreement, according to a report by Bloomberg. Partially driving
this decision could be that shareholders voted almost unanimously last May to
require the company to show how investments would align with the Paris Agreement. Dudley was quoted as saying, "There are going to be projects that we don't
do, things that we might have done in the past. Certain kinds of oil, for example,
that have a different carbon footprint."
DIY EV KITS HITTING THE MARKET IN FRANCE
French startup Transition-One is hoping to convince car owners that converting
their gasoline or diesel fuel-powered automobile to an electric vehicle is as easy
as 1-2-3. Its 8,500-euro kit (5,000 euros after government subsidies) includes
an electric motor and batteries with a driving range of approximately 112 miles.
Transition-One expects approval of its solution by French and European regulatory authorities by the end of this year. So far, kits are available for older vehicles
including PSA's Citroen C1 and Peugeot 107, Fiat 500, Toyota Aygo, Twingo II
and Volkswagen Polo.
80-YEAR-OLD PORSCHE STILL RUNNING
The world's oldest Porsche, the 1939 Type 64 once owned by lubricant maker
and race car driver Otto Mathé, went on Sotheby's auction block this past
summer. Mathé bought the iconic automobile directly from Ferdinand Porsche
in 1949, and it remained in his possession until his death in 1965. Porsche expert
Andy Prill reportedly told Sotheby's that he had seen nothing like this particular
automobile, which is still in its original condition. If you want to continue the
Mathé legacy and keep this unique automobile in the lubricant manufacturing
family, you still have a chance. Due to a bidding mistake by Sotheby's, the vehicle
remains unsold as of press time.

19



ILMA Compoundings – November 2019

Table of Contents for the Digital Edition of ILMA Compoundings – November 2019

LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
In the Know
International Insight
Market Report
STRATEGIES FOR THE FUTURE
ENGAGED AND AWARE
BEHIND THE SCENES
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
Member Connections
PORTRAIT
ILMA Compoundings – November 2019 - Cover1
ILMA Compoundings – November 2019 - Cover2
ILMA Compoundings – November 2019 - 1
ILMA Compoundings – November 2019 - 2
ILMA Compoundings – November 2019 - LETTER FROM THE CEO
ILMA Compoundings – November 2019 - INSIDE ILMA
ILMA Compoundings – November 2019 - 5
ILMA Compoundings – November 2019 - 6
ILMA Compoundings – November 2019 - 7
ILMA Compoundings – November 2019 - 8
ILMA Compoundings – November 2019 - 9
ILMA Compoundings – November 2019 - 10
ILMA Compoundings – November 2019 - 11
ILMA Compoundings – November 2019 - WHAT’S COMING UP
ILMA Compoundings – November 2019 - 13
ILMA Compoundings – November 2019 - 14
ILMA Compoundings – November 2019 - 15
ILMA Compoundings – November 2019 - INDUSTRY RUNDOWN
ILMA Compoundings – November 2019 - 17
ILMA Compoundings – November 2019 - 18
ILMA Compoundings – November 2019 - In the Know
ILMA Compoundings – November 2019 - International Insight
ILMA Compoundings – November 2019 - 21
ILMA Compoundings – November 2019 - Market Report
ILMA Compoundings – November 2019 - 23
ILMA Compoundings – November 2019 - STRATEGIES FOR THE FUTURE
ILMA Compoundings – November 2019 - 25
ILMA Compoundings – November 2019 - 26
ILMA Compoundings – November 2019 - 27
ILMA Compoundings – November 2019 - 28
ILMA Compoundings – November 2019 - 29
ILMA Compoundings – November 2019 - 30
ILMA Compoundings – November 2019 - 31
ILMA Compoundings – November 2019 - ENGAGED AND AWARE
ILMA Compoundings – November 2019 - 33
ILMA Compoundings – November 2019 - 34
ILMA Compoundings – November 2019 - 35
ILMA Compoundings – November 2019 - BEHIND THE SCENES
ILMA Compoundings – November 2019 - 37
ILMA Compoundings – November 2019 - 38
ILMA Compoundings – November 2019 - 39
ILMA Compoundings – November 2019 - BUSINESS HUB
ILMA Compoundings – November 2019 - 41
ILMA Compoundings – November 2019 - COUNSEL COMPOUND
ILMA Compoundings – November 2019 - 43
ILMA Compoundings – November 2019 - 44
ILMA Compoundings – November 2019 - WASHINGTON LANDSCAPE
ILMA Compoundings – November 2019 - Member Connections
ILMA Compoundings – November 2019 - 47
ILMA Compoundings – November 2019 - PORTRAIT
ILMA Compoundings – November 2019 - 49
ILMA Compoundings – November 2019 - Cover4
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