Transforming Crude Oil Trade: Flint Hills Partners with Inatech for Techoil Implementation

Flint Hills Resources, a renowned player in the U.S. refining sector, has initiated a remarkable transformation of its crude trade and supply workflows by implementing Inatech's advanced Software as a Service (SaaS) platform, Techoil. This strategic move not only modernizes their operational processes but also reflects an increasing trend within the energy industry toward sophisticated technology solutions aimed at ensuring efficiency in trading and risk management.

Historically, Flint Hills relied on a plethora of internally developed software tools to manage different components of their crude trade operations. However, as their business expanded and technology progressed, the firm faced growing challenges in maintaining these systems and ensuring seamless communication across various platforms. Seeing an opportunity to enhance their operational capabilities, Flint Hills opted for Techoil, recognized for its user-friendly interface and ability to integrate multiple functions within a singular platform.

Kurt Kolbeck, Senior Vice President of Crude Oil at Flint Hills Resources, emphasized the importance of Inatech's collaborative approach, stating, "Techoil's modern interface, automation, and smooth document handling have made daily work much easier and more efficient. A key factor in our choice of Inatech was their commitment to being a real partner with a strong foundation in crude oil supply management and their readiness to work closely with us to develop a tailored industry solution."

Since adopting Techoil, Flint Hills has streamlined trade workflows, reduced manual operations, and significantly improved data accuracy, which is crucial for effective decision-making. The automation of contract and confirmation processes has ensured greater compliance and adherence to risk management standards, thus fortifying the overall operational framework of the company.

Fred Bendle, CEO of Inatech, highlighted that Flint Hills’ investment aligns seamlessly with Inatech’s vision of delivering practical and scalable solutions within the energy sector. He remarked, "Techoil is designed to simplify the complexities of crude and refined products trade, facilitating smoother distribution while adapting to the changing demands of the energy landscape."

With the evident success of Techoil within its crude supply operations, Flint Hills Resources is now contemplating extending the platform's applications to other sectors, notably Aromatics and Light Products. This inclination not only underscores the efficacy of the Techoil system but also mirrors a widespread industry shift where companies recognize that the management of increasing market volatility necessitates advanced trading and risk management systems. As competitiveness within the sector heightens, the adoption of modern integrated solutions has transitioned from being a mere option to an essential strategic mandate.

In conclusion, the partnership between Flint Hills Resources and Inatech is a forward-thinking approach that creates a foundation for future innovations in the crude oil trade and supply management. As both companies work collaboratively, the implications of their efforts may pave the way for broader systemic changes within the oil and gas industry, setting new standards for operational excellence.

About Flint Hills Resources


Flint Hills Resources is an independent refining company, serving as a subsidiary of Koch Industries. Focused on operations in Texas and the Midwest, it processes a variety of essential products, including gasoline, diesel, jet fuel, and asphalt.

About Inatech


Inatech specializes in commodity management systems, offering commodity trading and risk management (CTRM) solutions tailored for trading firms and integrated software designed for the midstream and downstream petroleum sector. Their client base includes oil traders, fuel wholesalers, and transportation companies, all of which benefit from their comprehensive service offerings.

Topics Business Technology)

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