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DTSTART;VALUE=DATE:20260422
DTEND;VALUE=DATE:20260425
DTSTAMP:20260409T090115
CREATED:20240513T135630Z
LAST-MODIFIED:20251208T153748Z
UID:10000011-1776816000-1777075199@ilma.org
SUMMARY:2026 ILMA Engage
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2026-ilma-engage/
LOCATION:Hyatt Regency Coconut Point\, 5001 Coconut Rd\, Bonita Springs\, FL\, 34134\, United States
CATEGORIES:ILMA Engage,No Link
ATTACH;FMTTYPE=image/png:https://ilma.org/wp-content/uploads/2024/05/Hyatt-Regency-Coconut-Point.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260602T150000
DTEND;TZID=America/New_York:20260602T160000
DTSTAMP:20260409T090115
CREATED:20260120T183939Z
LAST-MODIFIED:20260225T182435Z
UID:10000034-1780412400-1780416000@ilma.org
SUMMARY:Changing Regulations: RCRA\, Rule 3 and Impacts on DOT
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/changing-regulations-rcra-rule-3-and-impacts-on-dot/
CATEGORIES:Members-Only Webinar
ATTACH;FMTTYPE=image/png:https://ilma.org/wp-content/uploads/2026/01/Glenn-Miller_VP.png
LOCATION:https://ilma.org/event/changing-regulations-rcra-rule-3-and-impacts-on-dot/
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20260908T150000
DTEND;TZID=America/New_York:20260908T160000
DTSTAMP:20260409T090115
CREATED:20260120T184149Z
LAST-MODIFIED:20260225T184801Z
UID:10000035-1788879600-1788883200@ilma.org
SUMMARY:SPCC Compliance for the Lubricants Industry
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/spcc-compliance-for-the-lubricants-industry/
CATEGORIES:Members-Only Webinar
ATTACH;FMTTYPE=image/jpeg:https://ilma.org/wp-content/uploads/2026/01/Anthony-Henley-Vision.jpg
LOCATION:https://ilma.org/event/spcc-compliance-for-the-lubricants-industry/
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261017
DTEND;VALUE=DATE:20261021
DTSTAMP:20260409T090115
CREATED:20231105T220326Z
LAST-MODIFIED:20250828T184042Z
UID:10000006-1792195200-1792540799@ilma.org
SUMMARY:2026 ILMA Annual Meeting
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2026-ilma-annual-meeting/
LOCATION:JW Marriott Phoenix Desert Ridge Resort & Spa\, 5350 E Marriott Dr\, Phoenix\, AZ\, 85054\, United States
CATEGORIES:Annual Meeting,No Link
ATTACH;FMTTYPE=image/jpeg:https://ilma.org/wp-content/uploads/2023/11/jw-marriott-phoenix-desert-ridge-resort-and-spa.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=America/New_York:20261117T150000
DTEND;TZID=America/New_York:20261117T160000
DTSTAMP:20260409T090115
CREATED:20260120T184310Z
LAST-MODIFIED:20260225T182629Z
UID:10000036-1794927600-1794931200@ilma.org
SUMMARY:PFAS Risk Assessment: How Do You Set a Cleanup Level\, and How Do You Know What to Regulate (or Deregulate)?
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/pfas-risk-assessment-how-do-you-set-a-cleanup-level-and-how-do-you-know-what-to-regulate-or-deregulate/
CATEGORIES:Members-Only Webinar
ATTACH;FMTTYPE=image/png:https://ilma.org/wp-content/uploads/2026/01/Vantagepoint_Chris-Abel.png
LOCATION:https://ilma.org/event/pfas-risk-assessment-how-do-you-set-a-cleanup-level-and-how-do-you-know-what-to-regulate-or-deregulate/
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270406
DTEND;VALUE=DATE:20270409
DTSTAMP:20260409T090115
CREATED:20240624T222946Z
LAST-MODIFIED:20240625T001452Z
UID:10000016-1806969600-1807228799@ilma.org
SUMMARY:2027 ILMA Engage
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2027-ilma-engage/
LOCATION:Omni La Costa Resort & Spa\, 2100 Costa Del Mar Rd\, Carlsbad\, CA\, 92009\, United States
CATEGORIES:ILMA Engage,No Link
ATTACH;FMTTYPE=image/jpeg:https://ilma.org/wp-content/uploads/2024/06/omni-pool-ariel-shot.jpeg
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270925
DTEND;VALUE=DATE:20270929
DTSTAMP:20260409T090115
CREATED:20240617T195657Z
LAST-MODIFIED:20240625T001447Z
UID:10000013-1821830400-1822175999@ilma.org
SUMMARY:2027 ILMA Annual Meeting
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2027-ilma-annual-meeting/
LOCATION:JW Marriott San Antonio Hill Country Resort & Spa\, 23808 Resort Pkwy\, San Antonio\, TX\, 78261\, United States
CATEGORIES:Annual Meeting,No Link
ATTACH;FMTTYPE=image/png:https://ilma.org/wp-content/uploads/2024/06/JW-Marriott-San-Antonio-Hill-Country-Resort-and-Spa.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280403
DTEND;VALUE=DATE:20280406
DTSTAMP:20260409T090116
CREATED:20241108T184124Z
LAST-MODIFIED:20241108T184124Z
UID:10000020-1838332800-1838591999@ilma.org
SUMMARY:2028 ILMA Engage
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2028-ilma-engage/
LOCATION:JW Marriott Tampa Water Street\, 510 Water Street\, Tampa\, FL\, 33602\, United States
CATEGORIES:ILMA Engage,No Link
ATTACH;FMTTYPE=image/jpeg:https://ilma.org/wp-content/uploads/2024/11/jw-tpajd-tampa-marriott-2028-ilma-engage.jpeg
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281014
DTEND;VALUE=DATE:20281018
DTSTAMP:20260409T090116
CREATED:20240617T200036Z
LAST-MODIFIED:20240625T001440Z
UID:10000014-1855094400-1855439999@ilma.org
SUMMARY:2028 ILMA Annual Meeting
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2028-ilma-annual-meeting/
LOCATION:JW Marriott Desert Springs Resort & Spa\, 74-855 Country Club Dr.\, Palm Desert\, CA\, United States
CATEGORIES:Annual Meeting,No Link
ATTACH;FMTTYPE=image/png:https://ilma.org/wp-content/uploads/2024/06/JW-Marriott-Desert-Springs-Resort-and-Spa.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20290922
DTEND;VALUE=DATE:20290926
DTSTAMP:20260409T090116
CREATED:20250929T192745Z
LAST-MODIFIED:20250929T192928Z
UID:10000031-1884729600-1885075199@ilma.org
SUMMARY:2029 ILMA Annual Meeting
DESCRIPTION:ILMA representatives met Monday with officials from the U.S. Department of Energy (DOE) to address growing concerns over base oil supply disruptions tied to ongoing military activity in the Middle East. The meeting\, which included high-level DOE representatives\, was both productive and sobering\, with all parties acknowledging the severity of the situation and the lack of clear near-term solutions. During the discussion\, ILMA outlined the significant impact on global and U.S. base oil supply—particularly for Group III base stocks\, which are critical for high-performance lubricants. Approximately 44% of U.S. Group III demand is typically supplied from the Persian Gulf\, but that supply is now largely offline. Damage to Shell’s Pearl GTL facility in Qatar—caused by Iranian rocket strikes—has halted production from a key source of roughly 30\,000 barrels per day\, with repairs expected to take at least a year. Additional disruptions stem from force majeure declarations by producers in Bahrain and the UAE\, as well as the continued closure of the Strait of Hormuz\, which has stranded product in the region. Compounding the issue\, South Korea—responsible for about 30% of U.S. Group III imports—relies heavily on crude oil shipments from the Persian Gulf. While Korean refiners may pivot to alternative crude sources\, lower yields are expected. Domestic production is not positioned to fill the gap in the near term. New Group III capacity under development by Chevron and ExxonMobil will not come online until 2027\, and existing North American producers lack the ability to offset the lost volumes. Re-refined base oil producers are similarly constrained by limited capacity and feedstock availability. Market impacts are already emerging. Suppliers have begun declaring force majeure or placing customers on allocation\, as well as shifting from contract to higher posted prices. ILMA anticipates that Group II refiners may follow suit\, particularly as refinery economics incentivize a shift toward diesel production. The disruptions are expected to ripple across multiple sectors. Roughly 60% of Group III base oils are used in automotive applications\, prompting ILMA to seek emergency provisional licensing relief from API and from General Motors for its Dexos-approved products. In industrial and metalworking segments\, substitution of base oils may become more common. Looking ahead\, ILMA warned that the U.S. base oil market could remain under sustained pressure through at least 2027. Members are preparing for continued supply constraints across Groups II\, III and IV\, along with escalating costs throughout the supply chain—including transportation\, insurance and logistics. DOE officials requested additional input from ILMA to better understand the evolving situation\, signaling ongoing coordination between industry and government as the disruption unfolds.
URL:https://ilma.org/event/2029-ilma-annual-meeting/
LOCATION:Signia by Hilton Orlando Bonnet Creek\, 14100 Bonnet Creek Resort Lane\, Orlando\, FL\, United States
CATEGORIES:Annual Meeting,No Link
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