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2019 Tom Murray Conference Presentation

Thomas Murray 




IMO 2020: Implications for the Used Oil Industry

Presented by Thomas Murray, President, Modern Fuels, LLC


IMO 2020 may prove to be the largest greatest potential disruption in the last decade to the used oil industry. This session will focus on the implications for the used oil industry participants, including collectors, distillers and re-refiners. Strategies for preserving and enhancing value for participants by business segment will be offered.



Tom Murray is the President of Modern Fuels, LLC. He has developed proprietary technologies and lead project development efforts in the re-refining industry for over 2 decades. He has 6 issued patents in oil and information technologies, with additional patents currently pending. Companies he founded have raised over $45 million in equity capital and secured over $90 million in debt financing.

Tom’s activities are currently focused on delivery of proprietary licensed solutions for processing used oil and other feedstocks targeting imminent needs driven by worldwide implementation of IMO’s Marpol Annex VI on January 1, 2020.

He is a graduate of Harvard Business School (MBA 1984) and the College of the Holy Cross (Economics, Honors, Phi Beta Kappa, 1980).


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