Energy, Oil & Gas Magazine EOG 216 | Page 75

________________________________________________________________________________________________________ Phillips 66
Tim Seidel , VP Value Chain Optimization ,
Philips 66 coordination , as feedstocks and crude oils for the processing unit would already have been purchased , for example . Managing that type of volumetrics to ensure seamless supply and operational capability takes considerable work , but we managed it and completed two successful turnarounds ,” he confirms . “ We ’ ve also recently directed our focus on identifying unique areas where we can capture more of the market and increase our overall margin . In essence , we ’ re exploring how we can optimize our refinery operations to ensure we make the products with the highest value . Rather than looking at the overall cost of doing business , this is more of a concerted effort to capture the entire value chain . It has certainly been a busy 12 months ,” Tim enthuses .
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