What delegates will receive:

• Live classroom style interactive training via video 
• Access to IHS Markit experts during and after the training 
• Access to on-demand video of training 
• PDF copy of the full workshop materials available for download after the training
• Certificate of course completion on request

Petrochemical Industry Fundamentals

Instructors:
Garrie Li – Vice President, IHS Markit
Ashish Pujari – Executive Director, Aromatics & Fibres, IHS Markit
William Chen – Executive Director, Asia Olefins, IHS Markit

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.

Agenda:

Welcome and Overview Introduction to Petrochemicals and Feedstocks

Introduction to the Olefins Business

• Ethylene
• Propylene
• C4 Olefins

Introduction to Thermoplastics

• Polyethylenes: LDPE, HDPE, LLDPE
• Polypropylene
• PVC

The Aromatics Business

• Benzene, Toluene, Xylenes
• Polyester/PET
• Polystyrene and EPS

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 and marketing personnel, researchers, process engineers, bankers and finance professionals, lawyers, HR staff, as well as downstream processors and fabricators.

Polyolefins Markets Fundamentals of Technology, Market, Trade and Sustainability

Instructors:
Utpal Sheth – Executive Director, Plastics Asia, IHS Markit
JP Nah – Director, Polyolefins, IHS Markit
Yiling Tan – Principal Analyst, Polyolefins, IHS Markit

This course will provide a foundational understanding of polyolefins markets and trade, the commercial impact of polyolefins technologies on cost competitiveness, and explore trends and developments in polyolefins sustainability and how it will impact future growth.

It is especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry.

Workshop Content:

• Brief Introduction to Olefins
• Introduction to Polymers and Market Fundamentals
  • Discussion on polyethylene (LDPE/LLDPE/HDPE) and polypropylene businesses, demand drivers, key producers, and inter-regional trade.
• Polyolefin Competitiveness
  • Discussion on cost of production methodologies, definition of terms (variable costs, fixed costs, cash costs), and comparative regional economics.
  • Comparison of advantages/disadvantages of polyolefin process technologies,
  • The economics will be put into context by presentation of global cost curves for both olefins and polyolefins.
• Sustainability and the Circular Economy
  • Explores trends and developments in sustainability
  • Potential impact on growth of polyolefins

Who is it for?

Those new to the polyolefins business, as well as experienced professionals, wishing to expand and update their knowledge and understanding of how the latest “hot topic” issues are driving change along the entire polyolefins value chain — from feedstocks through to the basic olefins and plastics. The workshop is designed to be of interest and value to both technical and commercially oriented participants.

Petrochemical Price Forecasting Techniques

Instructor: Larry Tan – Vice President, Chemical Consulting Asia, IHS Markit

Gain an overall understanding on petrochemical price definition and forecasting techniques, production cost analysis and inherent margin analysis to build your confidence in forecasting for the short, medium and long term. Explore the underlying energy and feedstock values, both variable and fixed costs and other production cost models. Discover the impact on inherent margin analysis on supply/demand balances, operating rates with recent market development and return on investment. Be equipped with price forecasting techniques on costing, diagnostic checks, regional relationships and arbitrage and price netbacks. This workshop will use Excel® based case studies to reinforce the different considerations across the short, medium and long term forecasting periods.

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 and marketing personnel, researchers, process engineers, bankers and finance professionals, lawyers, HR staff, as well as downstream processors and fabricators.