1). 15.5 is the (minimum) required HLB value of an emulsifier, in order to emulsify cetyl alcohol and form an o/w emulsion; and not the HLB value of cetyl alcohol.
2). Cetyl alcohol is not an emulsifier itself and consequently, HLB value is not applicable for this chemical substance.
3). Hydrophilicity/lipophilicity of a chemical substance can be estimated by its logP value (≤ 0 or > 0, respectively); cetyl alcohol is lipophilic (hydrophobic) because it has logP = 7.3, which is > 0.
4). Required HLB values of emulsifiers for o/w emulsification of lipophilic compounds, are experimentally estimated.