Petrochemical Industry Fundamentals & Commercial Strategies for Petrochemical Industry, November

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Petrochemical Industry Fundamentals

Morning Session

  • Introduction
  • Petrochemical Feedstocks
    • Natural Gas
    • Natural Gas Liquids (NGLs)
    • Crude Oil Fractions, especially naphtha, coal and renewables
  • Petrochemical Building Blocks
    • Aromatics: Benzene, Toluene, Xylenes
    • Light Olefins: Ethylene, Propylene, Butadiene
  • Lunch

Afternoon Session

  • Heavy Olefins: Butadiene, Butylenes
  • Exploring Petrochemical Value Chains
    • Polyethylenes (LDPE, LLDPE, HDPE)
    • Polypropylene (PP)
    • Polystyrene (GPPS, HIPS, EPS)
    • Chlor-alkali/Vinyls
    • Synthesis Gas (Syngas) – Ammonia and Methanol
  • Global Markets
    • Market Drivers
    • Demand and Consumption Patterns
    • Outlook for Investment
  • Close

Commercial Strategies for Petrochemical Industry

Morning session

  • Introductions
  • An overview of commercial lexicons
  • Commercial Optimization along value chains
    • Case Study 1: I smell an optimization opportunity
  • Pricing concepts
    • Floor, Ceiling and Market concepts
    • Netback analysis
    • Case Study 2: Where do we sell the spot cargo to?
  • Marketing vs trading
    • Case Study 3: Tender time

Lunch Break

Afternoon session

  • Evolution of Trading Centers – Oil and Petrochemicals
  • Commercial Risk elements
    • Market risks
      • Case study 4: Selling at fixed or formulae prices
    • Counterparty
    • Credit
    • Operations
      • Case study 5: Implications of missing contractual loading laycan
    • Regulatory/Political
    • Hedging concepts
      • Case study 6: Taking advantage of market contango
    • Close
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