Like I said above
"can elicit quite a few widely varying opinions." Strong ones too...
Tom -- blends are a mix of dino and synthetic, but as I understand it synthetics can be made that contain no dino oils...
When searching this topic there is quite a lot of information, but it is often completely submerged by the more numerous opinions on the matter. As to composition, here is a good summary:
Synthetic lubricants can be manufactured using chemically modified
petroleum components rather than whole
crude oil, but can also be synthesized from other raw materials. Major classes of synthetics are mostly either of sevaral major types:
Poly-alpha-olefin (poly-α-olefin, PAO) is a
non-polar polymer made by polymerizing an alpha-olefin. They are designated at API Group IV and are a
100% synthetic chemical compound.
Polyalkylene Glycol (PAG) Synthetic Oil -- PAGs are not compatible with mineral oils, most seals, paints, varnishes, and natural rubber, Buna-N, and most regular seals are incompatible with PAG oils, especially seals coated in mineral grease. PAG oils can cause seals to shrink or swell, thus causing severe leakage or seizure of the seal.
Semi-synthetic oils (also called "synthetic blends") are a mixture of mineral oil and synthetic oil, which are engineered to have many of the benefits of full synthetic oil without the cost.
Clearly the PAO oils which are compatible with mineral oils are used for the 'blends' and can be used in most engines. Whether you choose to do so is mostly a personal preference more than science...
Chuck