Rotterdam, Netherlands
• Supporting Dir. Feedstock to develop long- and medium-term strategies to minimize feedstock cost and optimize feedslate for our steam crackers, identifying short-term market opportunities including FOB purchases requiring vessel chartering
• Negotiate and manage short commercial arrangements for all feedstock supplies and streams coming from) and going to adjacent Refineries, as well as spot markets. Ensure that these give Velogy flexible, reliable, timely, and economic feedstocks which contribute to maintaining or improving the cracker margins. Drive for lowest cost of feedstock whilst delivering highest value for products.
• Nominate and execute on contracts on a monthly and yearly basis and monitor contract performance.
• Responsible for cross-functional staff communication with the planning, technology, supply logistics, credit, finance, supply accounting, and cracker optimization in a dynamic real-time market environment. Work closely with Manufacturing organization to ensure optimal feeds at all times.
• Must be able to adjust strategies and tactics reflecting changing manufacturing and market condition.
• Must be able to charter vessels and understand dynamics of Marine market. Responsible to oversee the voyage charter and check vessel performance, including claims.
Requirements and expertise
- Responsible for and owner of spot contracts for feedstocks supplies, streams coming and going to adjacent refineries. Monitor performance and effectiveness of activities against targets and take action as required.
- Ensuring sufficient feedstock at all times taking into account working capital requirements
- Expand the supply portfolio by adding new sources, feedstock qualities and suppliers
- Responsible for understanding of global feedstock market fundamentals, regional interactions, relationships with the futures markets, and cross product interdependencies. Responsible for effective communication to senior management. Understands enterprise future feedstock requirements including business scenarios which may lead to revisions, inventory requirements, impact on working capital, price trends and market shifts.
- Responsible for developing naphtha and propane price forecasts used as input for optimization and business cases.
- Develop and maintain strong supplier/ customer relationships and represent Velogy in appropriate industry environments.
- Work closely together with back –offices to drive for efficient and effective processes and to drive for alignment and standardization
- Executing medium- and short-term tactics in a volatile and competitive butane spot market. Negotiating spot deals on a yearly basis.
- Act as liaison with other business and manufacturing groups within Velogy to ensure that company strategies and directives involving feedstocks are known and met. Communicate market trends to groups within Velogy who need this information to optimize their performance.
- Responsible for and owner of charterparties requested to ship feedstock.
Education
- Bachelor’s degree in business or engineering required.
- Master’s Degree preferred.
Work experience
- A minimum of 10 years experience in petrochemical or oil and gas industry preferred, with at least 3 – 8 years commercial experience.
Critical Competencies
- Trading and risk management experience.
- (Ability to) understand cracker technology and set up and impact of feedstocks on yields.
- Excellent communication, strong analytical skills.
- Must be able to make decisive market calls with significant P&L impact in complex, ambiguous feedstock spot and forward markets.
- Ability to quickly comprehend and act within a dynamic energy market, with volatile futures market, and changing forward markets.
- Ability to scan shipping market and charter vessels.
Interested in applying?
We’re looking for motivated professionals to grow with us. Apply today and be part of our journey.
