ABSTRACT

Arriving at these “special blends” makes more demands on marketing ingenuity than on technological expertise since blending oils and/or fats is the most simple and by far the cheapest of all oil modification processes (Dijkstra, 2002). However, the costs of the modification process or processes needed to arrive at the right blend are often not its most decisive cost element. The raw material costs are certainly more important in absolute terms and the variations in raw material costs can be more important in relative terms (Young, 1994).