Lubricants Refining and Manufacturing - LB5
CPE Credits Awarded: 24
The lubricants business is a uniquely high value segment of the downstream. Base oil production (mineral and synthetic) and manufacturing of finished lubes products (formulation, blending, packing) are the key components of the lubes supply chain and they contribute substantially to the overall industry profitability. Markets and technologies are constantly changing and base oil suppliers and lubricant manufacturers and marketers must keep up in such a competitive environment. Alignment of marketing, technology and manufacturing strategies within a lubes business are essential. The businesses that succeed will be those whose employees understand the evolving technologies and seek out profit enhancing strategies, aligning their investments in technology and manufacturing with their product offerings.
This newly designed three day course will provide delegates with a comprehensive introduction to lubricant base oil refining and lubricant manufacturing, covering:
- Lubricant base oil production technologies, operations, trade-offs and process economics for the main process stages.
- The relative performance and commercial trade-offs for mineral, unconventional and synthetic base oils.
- Principles of lubricant formulation, blending operations, packaging & distribution and their linkages to marking strategy.
- Base oil markets, their dynamics and economics of the industry.
- The key issues and trends that can be expected to shape the lubricants supply chain in the future .
The course will use a range of presentations, case studies, interactive exercises and discussions to enable delegates to understand the lubricants supply chain (from refinery to blending & distribution) and the potential impact of technical and economic trends on regional and global markets. Presentation material will be designed to be concise and impactful, recognising that participants will benefit most if they are engaged and involved throughout the three days. Delegates will be able to identify where profitable opportunities might be found for their own companies and have confidence to make strategic business decisions.
A basic knowledge of the lubricants business is assumed, but delegates are not expected to have prior experience of oil refining or lube manufacturing.
Managers Return on Investment
Upon completion of this course your delegates will:
- Have a comprehensive appreciation of the supply side of the global lubricants business works and how it links to overall product & marketing strategy of the company.
- Understand the major long term trends impacting the base oil refining and lubricants blending, and be able to anticipate future profitable opportunities.
- Be able to relate their own role and responsibilities to the lubricants value chain, enabling them to be more effective, seek out profit enhancing opportunities and have the confidence to take strategic decisions.
- For those in professional roles outside the lubricants business (eg financial, legal, planning, etc), they will understand much of the terminology and jargon of the industry.
What you will learn
- How a lubricant base oil facility operates
- Manufacturing techniques used by the more progressive lubricant base oil manufacturers
- Principles, economics and flexibility of each major base oil processing technology
- Latest developments and trends in base oil processing technology
- Advantages and disadvantages of various base oil processing schemes
- Strategies for optimising existing base oil facilities
- Commercial and performance trends for lubricant baseoils
- Developments and trends in lubricant blending, packaging, storage and distribution
- Supply/demand balances and trends for base oils and lubricants on a global and regional basis
- How competitive and environmental pressures are driving the industry
This course has been designed for a wide range of delegates, including:
- Commercial, operations and marketing staff from refining organisations and from lubricants marketing organisations.
- Technical and technical service lubricant staff.
- Business planners, business development staff and economists having an interest in the lubricants supply chain.
- Experienced oil industry managers who are new to the lubricant business.
- Professionals in organisations outside lubricants (eg government, investment banks, legal, trading houses, etc) who need to understand how the lubricants supply chain operates.
Global base oil market
- Base oil types and their relative advantages & disadvantages
- Overview of production technologies
- Global and regional supply and demand
- Overview of lubricants industry economics
- Key trends in base oil production
Base oil refining
- Chemical composition of crude oil, lube feedstocks and finished base oils
- Influence of base oil types on the properties & performance of lubricant formulations
- Principles and operation of the main process steps:
- vacuum distillation
- solvent deasphalting
- solvent extraction
- hydrofinishing and hydrotreating
- catalytic dewaxing and isomerisation processes
- Trends in base oil refining and manufacturing technology
- Comparative economics of mineral and hydroprocessing technologies
Lubricants formulation and manufacturing
- Formulation principles and testing procedures
- Lubricant additives
- Raw materials’ storage and handling
- Blending operations
- Packaging, storage and distribution of finished lubricants
- Quality assurance
Richard Prince has almost 30 years of experience within the downstream oil industry, covering both marketing and refining businesses. Most recently responsible for marketing planning across the BP group, he has been an independent consultant since 2007. Richard has an MA in chemistry from Oxford University and began his career with BP in refinery process research and development, before gaining plant commissioning & operating experience. He joined Castrol in 1989, then part of Burmah Oil, as a manufacturing and supply chain advisor, before broadening his experience into marketing by managing the central business intelligence team. With subsequent management positions at BurmahCastrol in Strategic Projects and Corporate Development, he was a key contributor to the BurmahCastrol Board's decision to sell the business to BP in 2000. Returning to BP after the sale, Richard was appointed to the integration team set up to plan and manage the merger of the BP and Castrol lubricants businesses. Following a period in the downstream strategy & planning group, he took on a new role with responsibility for all planning activity in the global marketing function and was additionally responsible for developing these capabilities across the BP Group.
“The course offers enormous information on base oil and lubricants industry.” M.A., Emarat
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