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ICIS Base Oils & Lubricants Virtual Conferences

 
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Base Oils Training Course Series

The base oils industry has changed significantly. Various factors contribute to trade flow changes and stringent environmental norms continue to drive the movement from group I to higher qualities. This has created a difficult maze for refiners, marketers, supply managers, the shipping industry, and end-use customers – especially those new to lubes.

ICIS Base Oils training series offers comprehensive topics that will equip you with the fundamental knowledge and analytical concepts. As the industry progress, it is crucial to understand these factors to help you navigate the complexity of the market.

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Base Oils 1:Fundamentals of the base oils business

Have you ever wondered why Bright Stock is called “Bright Stock”? Or pondered the rationale for the base oil names “Group I”, “Group II” etc?
 
Have you considered why there seem to be Group II and Group III plants in Asia and the US, but not in Europe or the Middle East?
 
Historically, the base oil business was straightforward and easy to understand. Most regions had only one type of base oil manufacturing, and producers offered similar products. Over the last decade, the rise of different base oil manufacturing processes, led to multiple – and very different – base oil products from each process. This has created a difficult maze for refiners, marketers, supply managers, the shipping industry, and end-use customers – especially those new to lubes. Coupled with disruptions and market uncertainties driven by covid-19, understanding the base oils business has become more complex than ever.
 
Times like this call for the need to stay connected and well-informed which is why ICIS introduce its first virtual training course to provide you with relevant insights at your convenience. As health and safety becomes the utmost priority, this new way of learning offers an innovative way of gaining product knowledge and market insights during this unique time.

Key topics covered: 
 
  • Crude and refining overview: Discover the world’s largest base oils refining companies, crude types, pricing and valuation and its relationship with the base oils business
  • Base oils manufacturing: Solvent processing, hydro processing and hybrid approach
  • Comprehensive insight on base oils API groupings
  • Lubricant additives: Basic introduction, functions and its role on finished lubricant blending and packaging
  • Future trends: Market disruptors, insight on electric vehicles and more
 
 
 
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Base Oils 2: Product Quality and Global Profitability

The base oils business has transformed significantly over the years making it crucial for professionals to understand the key differences between base oils groups, their evolving uses, and changing supply and demand landscape across the globe. Coupled with disruptions and market uncertainties driven by covid-19, understanding the base oils business has become more complex than ever.

As the industry is changing significantly, it is essential to prepare yourself for what’s ahead in order to navigate the market confidently and equip yourself with fundamental knowledge that will help you strengthen your commercial strategies and achieve business goals.

With this in mind, join the first Base Oils II – Product Quality and Global Profitability training course taking place in November that will provide you with relevant insights at your convenience. As health and safety becomes the utmost priority, this new way of learning offers an innovative way of gaining product knowledge and market insights during this unique time.
 
Key topics covered: 
 
  • Volatility Requirements: The technical details of viscosity index (VI), volatility and viscosity relationships
  • Overview of the viscosity & engine oils: Why engine oils matter to all other base oil sectors
  • Global Variations in Base Oil Quality: Major supplier comparisons and quality differences
  • Base oil pricing mechanisms: What sets base oil price?
  • Base oil refinery profitability: Profit basics, fuels versus lubes, by-products from base oils plants
  • Forecasting methodology: Factors to consider when doing a base oil forecast
  • Trends & Ideas: Survival of the Fittest
 
 
 
 
 
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About the Trainer:

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 Amy Claxton is a registered professional Chemical Engineer and owns a consulting company called My Energy, specializing in consulting and training for the Base Oils, Waxes, and GTL industries. Her clients include publicly traded and privately held oil, gas, lube and wax companies, as well as law firms, venture capital firms, and other energy consulting companies. With over thirty years of experience in the refining industry, her expertise includes raw materials selection; manufacturing processes and economics; global supply and demand; and intellectual property analysis and support.

Prior to starting her own company in 2001, Ms. Claxton worked for Dow Chemical, Exxon, and ExxonMobil. Her assignments included plant engineering and managerial positions in chemical plants and refinery fuels, lube base oil, and wax units. She managed technical services for Exxon’s 500,000 barrel per day refinery in Baytown, Texas, with departmental oversight of 100 employees including chemical, mechanical, civil and environmental engineers.