INEOS Aromatics is a global chemical manufacturing company that produces products the polyester industry uses to make many of the things we use in our daily lives, such as clothes, carpets, furniture, automotive parts, and food packaging. We employ 1,300 employees in sites in the United States, United Kingdom, Mainland China, Belgium, Indonesia, and Taiwan, with annual sales of $4 billion. Our diverse team of engineers, scientists and business professionals is dedicated to discovering solutions to some of the world’s biggest challenges.
INEOS Aromatics is part of INEOS.
Purpose of role
In the context of Asian Aromatics business scope and strategy, this role takes mixed responsibility of market fundamentals analysis and PX purchase. This role provides thorough understandings and views about the market fundamentals of PX and its relevant upstream/parallel/downstream products including crude, naphtha, MX, reformate, meta-Xylene, Benzene, Toluene, etc. to support PX Supply Manager to make business decision.
This role is also responsible for covering part of PX supplier accounts to implement PX purchase strategy and cost optimization.
Responsibilities/Accountabilities of the Job
- Comply with company policies and guidelines for SHE, code of conduct, business internal DOA, etc.
- Provide market views of PX, naphtha, crude oil and feedstock, supplier profitability, upstream dynamics and the implication on aromatics business to support PX Supply Manager for both short term commercial decisions and long-term strategy.
- Embed and maintain a process to collect/analyse market information on feedstock, including published trade-flow data (e.g. import/ export statistics, official data on production and sales), and unpublished market intelligence (e.g. production plans, utilization, inventory level, new expansions and project status), as well as government policies etc.
- Collect and share Asian and inter-regional PX/MX and petrochemical market intelligence, including but not limited to capacity, TAR, profitability, downstream dynamics, macroeconomics, etc.
- Work closely with PX Supply Manager and PTA Sales Team to align market assumptions for use in business development activity.
- Prepare PPT/reports for PX Supply Manager to support business planning activities.
- Support PX Supply Manager on supplier management by providing performance tracking and analysis (cost, working capital, inventory, product quality, etc.).
- Build / maintain effective and robust relationships with PX suppliers of assigned accounts in China and rest of Asia to enhance business opportunities. Execute incremental supply /spot cargoes from own supplier’s accounts.
- Be the first “Gatekeeper“ to insure the credibility of counterparties via due diligence and common sense. Identity, prevent, or mitigate counterparty risks.
- Work closely with PX operations team, in charge of contract administration and execution, manage related contractual, accounting, payment, inventory and operations process with suppliers and customers.
- Identify, design, make actions on optimization and cost savings working capital opportunities around the PX supply system.
Required Profile
- Hold bachelor's degree or above in Business Administration, STEM or commercial from top tier university
- Background in commodity chemical industry, experience in regional and international organizations
- 3-5 years of progressive industry experience
- Profound knowledge market fundamentals of PX and upstream products such as MX, reformate, BZ, gasoline, and refinery LP experience is a plus.
- Strong data collection and analysis skills. Proficient in using excel and PPT. A good data interpreter and storyteller.
- Must be fluent in English and Mandarin Chinese. Other beneficial languages include Japanese and Korean.
- Strong interpersonal, communication, and commercial sense supporting a diverse, multicultural environment. A good team player.
- Preferred buy/sell commercial experience of commodity chemical business or good potential.
- Result and performance oriented; strong business and commercial acumen
At INEOS Aromatics, we offer a stimulating and collaborative work environment, competitive compensation, and a commitment to your professional growth.
We're dedicated to diversity, inclusion, and creating a workplace where all voices are heard.
If you're ready to make your mark and drive our organization's success, we invite you to apply or send your CV to [email protected]
Your application will be treated confidentially.
