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Feedstock Economist

BASF Economics logo

BASF
Houston - United States
S: Competitive

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Description

The Feedstock Economist is responsible for running all of the economic models for cracker & refinery feedstock selection, and purchasing recommendations to the BASF Total Petrochemicals LLC (BTP) Business Director and Traders for the purpose of operating refinery assets and a petrochemicals complex. The Feedstock Economist must have a deep understanding of the domestic and international markets for crude oil, condensates and liquified petroleum gases; and must be able to communicate this expertise throughout the LLC. The Feedstock Economist is responsible for running and maintaining the global and site LP for the joint venture. The Feedstock Economist is considered to be the key role for feedstock selection for the joint venture company.

PRINCIPAL RESPONSIBILITIES:
Developing, running and maintaining sophisticate modeling tools (primarily the site linear program as well as other proprietary or self-developed models) for the purpose of calculating the value of any particular feedstock, and any combination of feedstocks.
Communicating through direct contact and regularly scheduled meeting, the value of the feedstocks and the optimized purchasing plan with the associated Traders .
Leading the feedstock acquisition process by ensuring the necessary technical and commercial approvals prior to feedstock acquisition, and in accordance with the LLC Agreements.
Representing BTP's position in the Site Optimization Group bi-monthly meeting to ensure that BTP is contributing to maximizing site-wide synergies while at the same time as ensuring BTP is not being sub-optimized without compensation.
Understanding and communicating key drivers to the Business Group to understand the implications on future purchases.
Respecting that the Managing Members are competitors in downstream markets, which means focusing at all times on doing what is best for BTP.

Qualifications

- BASF recognizes institutions of Higher Education which are accredited by the Council for Higher Education Accreditation or equivalent

Requirements:

A Bachelor's Degree in a technical discipline, preferably Science or Engineering.
10 years of experience working in an industrial or manufacturing setting, with at least 5 years working in the chemicals, petrochemicals or refining industry.
Solid linear programming / modeling experience with a preference to candidates with experience running Haverly.
Knowledge of the petroleum refining and petrochemicals markets and operations is essential
Solid economic and mathematical skills are required.

Preferred:

Consideration will be given to Candidates with other technical degrees who have worked directly in refinery or petrochemical complex optimization.

Job summary

Employer:

BASF

Location:

Houston, United States

Education:

Bachelor's Degree

Sector:

Economist

Salary:

Competitive

Job Type:

Permanent

Hours:

Full-Time

Posted:

20th August 2015

Apply By:

18th September 2015

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