Petrochemical Industry Fundamentals Workshop

Full-day Workshop

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.

Offerings

Two sections offered: Monday, March 20 and Thursday, March 23

Instructors

  Tony Palmer, Vice President, Chemical Consulting, IHS Markit
Tony Potter, Vice President, Chemical Insight - APAC, IHS Markit
Roger Green, Vice President, Europe, CIS & Africa, Chemical Consulting, IHS Markit
Mike Smith, Vice President EMEA , Chemicals, IHS Markit
Sanjay Sharma, Vice President, Middle East & India, Chemical Consulting, IHS Markit
Mike Kratochwill, Director, Chemical Consulting, IHS Markit

Time

8:00am – 5:00pm

Morning Session:

  • Introduction & Petrochemical Feedstocks
    • Feedstocks: natural gas, natural gas liquids (NGLs), crude oil fractions, especially naphtha, coal and renewables.
  • Introduction to Petrochemical Building Blocks
    • Aromatics: benzene, toluene, xylenes
    • Light Olefins: ethylene, propylene, butadiene

Afternoon Session:

  • Heavy Olefins: Butadiene, Butylenes
  • Exploring Petrochemical Value Chains
    • Polyethylenes (LDPE, LLDPE, HDPE)
    • Polypropylene (PP)
    • Polystyrene (GPPS, HIPS, EPS)
    • Polyester/PET
    • Chlor-alkali/Vinyls
    • Synthesis gas (syngas) - ammonia and methanol
  • Global Markets: Market Drivers, Demand & Consumption Patterns, Outlook for Investment

What Delegates will receive:

  • Admittance to evening “Welcome Reception”
  • Networking opportunities including breakfast, lunch and coffee breaks
  • Hard copy of workshop presentations
  • 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.

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