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Keene Corporation Asbestos Trust

Keene Trust was established in 1996 to compensate victims of asbestos exposure from Keene Corporation products. The trust currently pays 6.4% of scheduled values, with average mesothelioma payouts of $25,000–$40,000.

Last verified: 2026-03-09

Payment percentages are subject to change and are adjusted periodically by trust administrators. Average payout ranges are estimates based on publicly available trust reports. Filing deadlines and eligibility requirements may change. Consult an asbestos attorney for current information specific to your case.

Company
Keene Corporation
Established
1996
Total Assets
$350 million+
Payment Percentage
6.4%
Avg. Meso Payout
$25,000–$40,000
Status
Active
Filing Deadline
No fixed deadline — ongoing acceptance

Overview

The Keene Corporation Trust compensates individuals exposed to asbestos-containing insulation and building products manufactured by Keene Corporation and its subsidiaries. Keene acquired several insulation companies and became a significant manufacturer of asbestos-containing products.

History & Background

Keene Corporation acquired several companies that manufactured asbestos-containing insulation and building products, including Baldwin-Ehret-Hill and other insulation manufacturers. Through these subsidiaries, Keene produced thermal insulation used in commercial buildings, industrial plants, and power facilities. The company filed for Chapter 11 bankruptcy in 1993 due to mounting asbestos claims.

Eligibility Requirements

To file a claim with the Keene Trust, you must meet the following criteria:

  • Exposure to Keene Corporation asbestos-containing insulation products
  • Medical diagnosis of an asbestos-related disease
  • Exposure evidence (work history, product identification)

How to File a Claim

The filing process for the Keene Trust involves the following steps:

  1. Document exposure to Keene Corporation products
  2. Submit claim with medical documentation
  3. Trust reviews and assigns disease level
  4. Payment issued at current payment percentage

Most claimants work with an experienced mesothelioma attorney who handles the entire filing process, including gathering evidence, preparing documentation, and communicating with the trust on their behalf.

Filing requirements, deadlines, and procedures are subject to change at the discretion of trust administrators. This information is provided for general educational purposes only and does not constitute legal advice. An experienced asbestos attorney can provide guidance specific to your situation and ensure your claim is filed correctly.

Need Help Filing a Keene Trust Claim?

Filing an asbestos trust fund claim involves complex documentation and strict deadlines. An experienced mesothelioma attorney can handle the entire process and help maximize your compensation.

Diseases Covered

The Keene Trust accepts claims for the following asbestos-related conditions:

Mesothelioma claims receive the highest scheduled values and are typically processed through expedited review.

Industries & Products Affected

Industries

Workers in the following industries may have been exposed to Keene Corporation asbestos products:

Products

The following asbestos-containing products were manufactured by Keene Corporation:

Related Exposure Sites

Workers at these facilities may have been exposed to products from Keene Corporation.

Mare Island Naval Shipyard

Vallejo, CA

Shipyard

Bath Iron Works

Bath, ME

Shipyard

Newport News Shipbuilding

Newport News, VA

Shipyard

General Dynamics Electric Boat

Groton, CT

Shipyard
Browse all exposure sites →

Frequently Asked Questions

What products did Keene Corporation make?

Keene Corporation, through its subsidiaries, manufactured thermal insulation, building insulation, and industrial insulation products containing asbestos. The company acquired several insulation manufacturers.

How much does the Keene Trust pay?

The Keene Trust pays approximately 6.4% of scheduled values. Mesothelioma claims typically receive $25,000 to $40,000 through expedited review.

Information verified: March 9, 2026

Sources:

  • Keene Corporation Asbestos Trust Distribution Procedures — accessed March 9, 2026

Get Help with Your Keene Trust Claim

Our experienced mesothelioma attorneys have helped thousands of patients and families file asbestos trust fund claims. We will evaluate your exposure to Keene Corporation products, determine your eligibility, and handle the entire claims process. There is no cost, no pressure, and no obligation.

$30B+ Available Over $30 billion remains in asbestos trust funds for qualified claimants nationwide.
No Upfront Fees You pay nothing unless we recover compensation for you. Free and confidential consultation.
35+ Years Experience Danziger & De Llano has been representing mesothelioma patients and families for over three decades.
Nationwide Service Licensed to handle mesothelioma cases in all 50 states from our Houston office.

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