Owens-Illinois asbestos exposure has left a lasting impact on countless workers and their families across the United States. For decades, Owens-Illinois manufactured products containing asbestos, putting employees, contractors, and even consumers at risk of serious diseases like mesothelioma and lung cancer.
Today, victims can pursue compensation through the Owens-Illinois Asbestos Trust and legal claims designed to hold the company accountable. If you or a loved one has been diagnosed with an asbestos-related illness, understanding how an Owens-Illinois asbestos lawsuit works can help you secure the financial support and justice you deserve.
Owens-Illinois Asbestos Trust Payment Values (Disease Schedule)
The Owens-Illinois Asbestos Trust was established to compensate individuals who developed asbestos-related diseases due to exposure to Owens-Illinois products. The following table shows the value assigned to each type of disease diagnosed by 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 its payment percentage.
Owens-Illinois Asbestos Trust Payout Percentage in 2025
The Owens-Illinois asbestos trust provides compensation for individuals diagnosed with asbestos-related diseases due to exposure to Owens-Illinois products. Each claim is assigned a scheduled value based on the type and severity of the disease. Actual payouts, however, depend on the trust’s current payout percentage, which adjusts annually to maintain funds for future claimants.
| 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 |
“Understanding the scheduled value and the payment percentage is essential for evaluating potential compensation from the Owens-Illinois asbestos trust.”
How Does Owens-Illinois’s Payout Percentage Compare to Other Asbestos Trusts?
Payout percentages vary widely between asbestos trusts. The Owens-Illinois asbestos trust payment percentage is currently 20% in 2025, but how does that compare to other major asbestos trust funds? The table below highlights scheduled values for mesothelioma, current payment percentages, and typical payouts across several large trusts.
| 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 |
Owens-Illinois Asbestos Products List
The following table shows the Owens-Illinois asbestos products list, which includes products known to have caused asbestos exposure for anyone who used them. If you used any of these products and have been diagnosed with an asbestos-related illness, you may be entitled to compensation.
Products Containing Asbestos
| 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 |
About the Owens-Illinois Asbestos Lawsuit and Trust Fund
Original Lawsuit and Liability
Owens-Illinois first faced asbestos-related litigation in 1977. The company was held liable due to its production of Kaylo® asbestos-containing insulation, which was widely used in construction and industrial applications. Despite selling the rights to Kaylo in 1958, Owens-Illinois remained responsible for the health risks associated with its earlier use. Over the following decades, the company settled approximately 210,000 asbestos-related claims. In 2020, Owens-Illinois filed for bankruptcy to manage its mounting asbestos liabilities. In June 2022, a bankruptcy court approved the establishment of the Owens-Illinois Asbestos Personal Injury Trust, funded with $610 million to compensate current and future claimants.
When Did Owens-Illinois Stop Using Asbestos?
Owens-Illinois ceased manufacturing Kaylo® insulation in 1958. However, the company continued to be held accountable for asbestos-related health issues stemming from products produced during its period of manufacture.
How Much Money is Left in the Owens-Illinois Trust?
As of October 2025, the Owens-Illinois Asbestos Personal Injury Trust remains active and continues to accept claims. The trust was initially funded with $610 million to address both current and future asbestos-related claims. The exact remaining balance is not publicly disclosed, but the trust is designed to provide ongoing compensation to eligible claimants.
Who Can File an Asbestos Claim Against Owens-Illinois?
Individuals who were exposed to Owens-Illinois asbestos-containing products and have developed an asbestos-related illness, such as mesothelioma or asbestosis, may be eligible to file a claim. This includes:
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Primary victims: Individuals who directly worked with or were exposed to Owens-Illinois products.
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Secondary victims: Family members or household contacts who were exposed to asbestos fibers brought home on clothing or equipment.
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Deceased victims: Family members or legal representatives can file claims on behalf of deceased individuals who were exposed to Owens-Illinois products and have passed away due to asbestos-related diseases.
Filing an Asbestos Claim Against Owens-Illinois
At Danzinger & De Llano, LLP, we understand the devastating impact that asbestos exposure can have on you and your family. If you or a loved one were exposed to Owens-Illinois asbestos products and are suffering from mesothelioma or another asbestos-related illness, we’re here to help get you the compensation you deserve. Call us at 866-222-9990 or check out our mesothelioma lawyers page.
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.