Owens-Illinois Asbestos Trust Payments Guide
Owens-Illinois Asbestos exposure has left a lasting mark on thousands of workers and families across the United States. For decades, Owens-Illinois, a major glass and insulation manufacturer, produced materials that contained asbestos, putting employees, contractors, and consumers at serious risk of developing mesothelioma and other asbestos-related diseases.
As awareness of these dangers grew, many affected individuals sought justice through the Owens-Illinois Asbestos Lawsuit, leading to compensation claims and the establishment of asbestos trust funds. Understanding how these lawsuits and trust payments work is essential for victims and their families seeking the financial relief and accountability they deserve.
Owens-Illinois Asbestos Trust Compensation Values (Disease Schedule)
The Owens-Illinois Asbestos Trust was created to provide fair and timely compensation to individuals and families affected by asbestos-related diseases caused by exposure to Owens-Illinois products, such as insulation and building materials. Each disease category is assigned a specific compensation value based on its severity, medical criteria, and documented exposure history, ensuring equitable distribution of trust funds to all eligible claimants.
The following table shows the value assigned to each type of disease diagnosed by the Owens-Illinois Asbestos Trust.
| Disease Level & Category | Scheduled Value |
|---|---|
| Mesothelioma (Level VIII) | $120,000 |
| Lung Cancer 1 (Level VII) | $60,000 |
| Lung Cancer 2 (Level VI) | $15,000 |
| Other Cancer (Level V) | $20,000 |
| Severe Asbestosis (Level IV) | $30,000 |
| Asbestosis / Pleural Disease 3 (Level III) | $15,000 |
| Asbestosis / Pleural Disease 2 (Level II) | $6,000 |
| Asbestosis / Pleural Disease 1 (Level I) | $3,500 |
Unfortunately, actual payouts from the trust are not the same as their scheduled value. Like all asbestos trust funds, payouts from the Owens-Illinois Asbestos Trust depend on their payment percentage.
Owens-Illinois Trust Payout Percentage for 2025
The Owens-Illinois Asbestos Trust offers financial compensation to individuals who developed asbestos-related illnesses as a result of asbestos exposure to Owens-Illinois materials. Each case is evaluated according to a scheduled value that reflects the type and severity of the diagnosed condition.
However, the final compensation amount is determined by the Owens-Illinois Asbestos trust payment percentage, which is periodically adjusted to ensure the trust remains sustainable and able to compensate future claimants. The table below shows the current Owens-Illinois asbestos trust payment percentage along with typical payout amounts for approved claims.
| Disease Level & Category | Scheduled Value | Payment % (2025) | Typical Payout |
|---|---|---|---|
| Mesothelioma (Level VIII) | $120,000 | 20% | $24,000 |
| Lung Cancer 1 (Level VII) | $60,000 | 20% | $12,000 |
| Lung Cancer 2 (Level VI) | $15,000 | 20% | $3,000 |
| Other Cancer (Level V) | $20,000 | 20% | $4,000 |
| Severe Asbestosis (Level IV) | $30,000 | 20% | $6,000 |
| Asbestosis / Pleural Disease 3 (Level III) | $15,000 | 20% | $3,000 |
| Asbestosis / Pleural Disease 2 (Level II) | $6,000 | 20% | $1,200 |
| Asbestosis / Pleural Disease 1 (Level I) | $3,500 | 20% | $700 |
“Asbestos trust funds like the Owens-Illinois Asbestos Trust help ensure that workers and families exposed to asbestos receive long-term compensation and justice, even years after exposure.”
— U.S. Department of Labor
Comparing Owens-Illinois’s Payout Rates to Other Asbestos Trusts
Payout percentages vary widely between asbestos trusts. Here’s how Owens-Illinois compares to other large trust funds:
| Asbestos Trust | Scheduled Value (Mesothelioma) | Payment % | Typical Payout |
|---|---|---|---|
| Owens-Illinois Asbestos Trust | $120,000 | 20% | $24,000 |
| Manville Personal Injury Settlement Trust | $250,000 | 15% | $37,500 |
| W.R. Grace & Co. Asbestos Personal Injury Trust | $200,000 | 25% | $50,000 |
| Johns-Manville Trust II | $225,000 | 18% | $40,500 |
| UNARCO Asbestos Personal Injury Trust | $180,000 | 22% | $39,600 |
Want to see how this compares to payout percentages from other asbestos trust funds? Check out our Asbestos Trust Fund Payouts Guide.
Owens-Illinois Asbestos-Containing Products List
The following Owens-Illinois asbestos products list highlights items that have been linked to asbestos exposure. If you or a loved one worked with these products and were diagnosed with an asbestos-related disease, you could be entitled to compensation.
| Product Name / Type | Category / Use | Exposure Risk |
|---|---|---|
| Glass Containers with Insulating Asbestos | Bottling & Packaging | High |
| Industrial Pipe Insulation | Construction / Industrial | High |
| Asbestos Cement Sheets | Building Materials | High |
| Boiler & Furnace Gaskets | Industrial Equipment | Medium |
| Asbestos-containing Adhesives | Construction / Manufacturing | Medium |
| Asbestos Packing Material | Industrial / Machinery | Medium |
Overview of the Owens-Illinois Asbestos Lawsuit and Trust Fund
Owens-Illinois (O-I) produced the asbestos-containing insulation Kaylo from the 1940s to the late 1950s. Lawsuits began in 1977 after evidence showed the company knew about asbestos dangers as early as the 1940s. Facing thousands of claims, O-I transferred its asbestos liabilities to Paddock Enterprises, which filed for bankruptcy in 2020. The Owens-Illinois Asbestos Personal Injury Trust, established in 2022, now handles all asbestos-related compensation claims.
Owens-Illinois Asbestos Use Timeline, When Did It Stop?
O-I made asbestos insulation products from about 1948 to 1958 and sold the Kaylo line to Owens-Corning that same year. The company’s asbestos use effectively ended by 1959.
Current Balance of the Owens-Illinois Asbestos Trust Fund
The trust was funded with approximately $610 million to compensate victims. The current Owens-Illinois Asbestos trust payment percentage is around 50%, meaning claimants receive half of their scheduled compensation value.
Eligibility for Filing an Owens-Illinois Asbestos Claim
Eligible claimants must:
- Have a confirmed asbestos-related disease.
- Show exposure to Owens-Illinois asbestos products before 1959.
- Provide supporting medical and work documentation.
Family members of deceased victims may also qualify for compensation.
How to File a Owens-Illinois Asbestos Claim
At Mesothelioma Lawyer Center, we’re committed to helping victims of Owens-Illinois Asbestos exposure receive the justice and compensation they deserve. Our experienced legal team understands the complexities of asbestos trust claims and fights tirelessly to ensure every client and family affected by Owens-Illinois products gets the support they need.
Have you or a loved one developed mesothelioma or another asbestos-related illness after using Owens-Illinois products? Our mesothelioma lawyers are ready to fight for your compensation. Contact us online or call 800-793-4540 for immediate assistance.
Legal Disclaimer
The information provided is for educational and informational purposes only. The information on this website is not intended as legal advice and should not be used as a substitute for consulting a licensed attorney. Legal outcomes and laws can vary by jurisdiction, and only a qualified lawyer can provide guidance tailored to your situation.
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