NGL Exports Optimization Manager

Company: INEOS Olefins & Polymers USA Interested in joining a winning team? A team whose employees are empowered to make a difference? NGL Exports Optimization Manager Location: League City, Texas (hybrid) Grade: H33/34 INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products. Its production network spans 194 manufacturing facilities in 29 countries throughout the world.

INEOS is one of the world’s largest chemicals company with $65b of sales per annum and 26,000 employees worldwide. INEOS Olefins and Polymers (O&P) USA is one of the largest subsidiaries within the INEOS group of companies and is headquartered in League City, TX. How the Job Fits in The  Optimization Manager role is a key part of the ITS US feedstock procurement and trading function and is responsible for performing a variety of activities to across feedstock market analysis, logistics and trading.

The Optimization Manager works with the INEOS Trading and Shipping Team while ensuring alignment with the US feedstock supply team. The Optimization Manager reports to the Commercial Manager for NGL Exports and is responsible for providing fundamental market analysis, logistics support and trade execution support to the NGL Export Team, as well as to the wider ITS Trading and Analysis functions in London.

The Optimization Manager is responsible for developing detailed market analysis in natural gas, natural gas liquids, refined products and crude oil to support the Trading and Business Development teams (including Board members) with both day to day and long-term strategic decision making. In addition to fundamental analysis, the Optimization Manager is responsible for assisting the NGL Product and Market Managers in executing daily activities such as nominations, inventory and shipping planning, export documentation and commodity transaction execution.

This requires quick decisive thinking and influencing skills in a fast-paced market environment to achieve optimal results. The Optimization Manager role is a critical role in providing information and analysis to the ITS team, optimizing the ITS export LPG business as well as providing critical trading and hedging back-up to the NGL Export Market Manager, . INEOS has implemented a market leading strategy to capture advantaged US NGL feedstock into its European facilities in Norway, Scotland and Germany through infrastructure investment and commitment to long term supply, terminal, and shipping agreements.

In 2027 INEOS will expand this strategy when it commences operation of its new world scale ethane cracker in Antwerp, Belgium. To supply this growing demand, INEOS has made significant investments into one of the largest dedicated ethane shipping fleets in the world. It is also an anchor shipper on two US export facilities, which have been operating since 2016. This strategy has been developed and executed through the INEOS Trading and Shipping (ITS) team.

Accountabilities and Responsibilities Provide Fundamental Market Analysis Provide timely and accurate fundamental analysis of complex market and trading situations that can be used for decision making by senior traders and executive management to improve the profitability of the business. Development and maintenance of analytical models used for decision making around commodity trading strategies.

Acquisition of data and market intelligence that can be used by traders to support trading activities. Presentation of financial analysis results to senior traders and executive management Close collaboration with Analysts and Traders based in ITS London, UK Office LPG Export Supply and Operations Develop and update Northeast US Supplier database that continuously tracks producer NGL supply activities and volumes available by producing location US LPG face-to-market daily activities for logistics, operations, and nomination processes with suppliers, pipelines, and terminal operators US LPG face-to-market daily acitivies relate