Solomon Associates’ Joe Barth to Lead Refinery Economics Seminar in Malaysia

Senior consultant and refinery expert to host refining seminar covering the economic and optimization skills needed to maximize refinery profit.

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Solomon Associates Senior Consultant Joe Barth leads RES seminar

Senior Consultant Joe Barth will lead Solomon's Refinery Economics Seminar in Malaysia from June 16-17

Through our Technical & Management Training for Energy Professionals seminars, we hope to provide these decision makers with the knowledge and skills necessary to develop a high-quality optimization team.

Dallas, TX (PRWEB) May 07, 2014

HSB Solomon Associates LLC (Solomon), the leading performance improvement company for the global energy industry, announced today that Senior Consultant Joe Barth will lead Solomon’s next Refinery Economics Seminar from June 16–17 in Kuala Lumpur, Malaysia.

Participants will get a chance to explore Solomon’s approach to the intricacies of marginal economics and the workings of linear program (LP) models through unique, hands-on examples.

“In the face of an uncertain market, decision makers are charged with the tough task of optimizing processes while maximizing profits,” said Barth. “Through our Technical & Management Training for Energy Professionals seminars, we hope to provide these decision makers with the knowledge and skills necessary to develop a high-quality optimization team.”

Attendees will gain knowledge on a variety of topics, including:

  •     The difference between average and marginal costs
  •     How to calculate netback prices
  •     Why the “herd mentality” is so common
  •     How to use LP models
  •     How to evaluate crude and feedstock purchase opportunities
  •     How to evaluate incremental product sales
  •     Limitations of shadow values
  •     Planning and optimization best practices

This course is intended for anyone who participates in planning the development of refinery and petrochemical operating strategy. No prior knowledge of refinery economics or use of LP models is required.

Barth has been with Solomon since 2004 and has more than 3 decades of experience in the planning and optimization of refining and petrochemical complexes.

For more information or to register for the course, please visit http://solomononline.com/solomon-university/refinery-economics-seminar/.

Courses are scheduled annually around the world and can be delivered directly to a company’s location. Interested organizations can contact Joe Barth by phone at 972.739.1790 or by email at Joe(dot)Barth(at)SolomonOnline(dot)com.

About Solomon Associates

Based in Dallas, TX USA, HSB Solomon Associates LLC is the world’s leading performance improvement company for energy companies seeking to identify and close gaps in operational performance. Combining proven, patented methodologies with objective data analysis, and led by a team of oil and gas consultants steeped in hands-on operational experience, Solomon Associates consistently helps clients with energy-intensive assets achieve greater efficiencies, enhanced reliability, and improved margins. Solomon Associates is part of HSB Group, Inc. Learn more about Solomon Associates' energy benchmarking and consulting services at http://www.SolomonOnline.com.