Petrochemical Markets and Economics -
The Impact of Feedstocks and Costs on Competitiveness and Business Strategy

Date: 8 - 10 Sep 2008
Venue: Johannesburg, South Africa
Code: CH1O\ARSA08
Course Director: Mr Richard Sleep
Cost: GBP£1815

Course Summary :: Who Should Attend :: Course Contents :: Request brochure and registration form

Course Summary

The course aims to provide a fundamental understanding of petrochemical economics and the feedstock/price inter-relationships affecting market competitiveness. It will analyse the fundamentals of competitiveness in producing base chemicals and how these will affect business decisions, process and feedstock selection. Participants will analyse production and supply costs which will highlight the price determining mechanisms and opportunities for profits in the industry. The course is not aimed at existing experts, serves as an introduction to more specialised courses.

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Who Should Attend?

A course for managers, planners and commercial marketing/supply personnel, from both established petrochemical producers and new entrants. Additionally, bankers and others who offer services from feedstock suppliers will benefit.

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Course Contents

Industry Structure and Feedstock Linkages

• Petrochemicals related to refining, gasoline and fuels
• Upstream and downstream feedstock linkages Petrochemical Economics
• Costing: cash and full costs, variable and marginal costs, cost curves and competitor cost structure
• Pricing, price setting mechanisms, price monitoring

Feedstocks - An Analysis

• Petrochemical feedstocks for cracking, reforming and intermediates production
• The oil refinery and refining/petrochemicals interface

Technology and Economics of Olefins and Aromatics

• Process descriptions and flow descriptions
• Methodology of cost of production analyses and sensitivities
• Steam cracker economics
• Effect of different feedstocks on yields
• Aromatics Economics

Commodity Polymer Trends

• Trends in production and markets
• Polymer usage, LDPE, LLDPE, HDPE, PP, PS, PVC
• Interpolymer competition and price equilibrium
• Motivation for polymer trade and impact on established producing areas

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Request brochure and registration form

Click here to request a brochure and registration form for this course.