Base oil plants are complex facilities whose performance can be measured in numerous ways. One stands far above others, however, in consistently predicting plant profitability, an official from Solomon Associates said recently. That indicator is the degree to which the plant’s output is weighted toward heavy base stocks and high-value byproducts such as waxes and specialty petroleum products.
Speaking at the ICIS World Base Oils & Lubricants Conference in Windsor, United Kingdom, last month, Solomon’s Attilio Donarelli added that operators of the most profitable plants are less concerned about minimizing spending on feedstock, personnel or energy bills.
Get alerts when new Sustainability Blog articles are available.