Petrochemical Industry Fundamentals
While hot topic issues such as shale gas and tight oil in the US are of current interest and rightfully receive a lot of attention and press, it is imperative to have a good understanding of key industry fundamentals in order to appreciate how these hot topic issues impact profitability.
This workshop reviews key industry fundamentals starting with the foundation of the petrochemical industry – feedstocks, including natural gas, natural gas liquids (NGLs), crude oil fractions, especially naphtha, coal and renewables. The feedstock session then leads into a thorough discussion of the industry building blocks – olefins (ethylene, propylene, butadiene) and aromatics (benzene, toluene, xylenes) businesses. Finally, the large volume thermoplastics including the polyethylenes (LDPE, LLDPE, HDPE), polypropylene, PVC, polystyrene and polyester/PET as well as C1-based chemicals synthesis gas (syngas), ammonia and methanol are covered. Within each of these topics key suppliers, demand profiles and pricing is discussed. Especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry.
Two sections offered: Tuesday, 19 March and Friday, 22 March
8:30 am – 5:00 pm
Tony Palmer, Vice President, Chemical Consulting, IHS Markit
What Delegates will receive:
- Networking opportunities, including continental breakfast, lunch, and morning and afternoon breaks and evening reception.
- A printed color copy of the presentations in a workbook, which includes a glossary and appendix
- Certificates of course completion (upon request)
Who is it for?
Anyone who wants an overview of the key elements and profitability drivers of the petrochemical industry, from industry newcomers to experienced workers needing a refresher course. The course is designed to be of interest to both technical and non-technical people including business analysts, purchasing agents, sales & marketing personnel, researchers, process engineers, bankers and finance professionals, lawyers, HR staff, as well as downstream processors and fabricators.