In-person Training

Petrochemicals: An In-Depth Introduction

Fundamentals of Petrochemical Plant Economics

19-21 June 2023 | Grand Hyatt Dubai, UAE

 

Fundamentals of Petrochemical Plant Economics and Forecasting

Course Overview

A mountain of data and alternative opinions makes short-term petrochemicals market analysis difficult. But so many people need to analyse the past and predict the future in order to set sales, profit and production targets in an ever-more complex and volatile economic environment.

The good news is that ICIS is providing a “how to” guide to market assessments through its Introduction to Petrochemicals Part 2 training course. Presented by John Richardson, ICIS Consultant Asia who has 26 years of experience in analysing petrochemicals markets, largely in polyolefins, the course covers topics such as the role of spreads, margins, trade flows and supply and demand data in building market analysis.

We also explain the economics of the steam cracker business – how cost and profit models are built, accompanied by an analysis of the cost positions of producers in different regions. These topics are placed in the context of what’s happening right now in global polyolefins markets with our views on pricing, trade flows and supply and demand are the next 18 months, backed up by a wealth of ICIS data and we provide exercises to test your analytics skills along with plenty of time for discussions and sharing of the challenges.

The Modules

Petrochemicals is a complex market to unravel. Industry dynamics change rapidly driven by factors such as the global economy, sustainability, changing trade flows, and geopolitical tensions. This course will examine the key trends and headlines in today’s market and its impact on cost, margin, and profitability.

  • Module 1: This module will help you establish a solid understanding of the petrochemicals market. Discussions include a deep dive into the value chain, price differentials between countries and regions, netbacks and spreads.
  • Module 2: In this module you will learn about cost analysis and margins – from cost structure and product yields to cost curves. It will also tackle the basics of forecasting.

Additional Information

Where and When?

21 June 2023 | Grand Hyatt Dubai, UAE

Who Should Attend?

  • Market Analysts
  • Procurement/Purchasing professionals
  • Traders
  • Business Development
  • Project Managers
  • General Managers
  • Decision makers

How Much?

In Person - $1,550 (+applicable tax)

For group bookings of 3+ or for further details, please contact us:

Jerricor Dayrit
Email: jerricor.dayrit@icis.com
Tel: +65 6780 4321