Course description
The course begins with an overview of the Petrochemical Industry and progresses to a detailed examination of the key elements involved in petrochemical markets, production and processes. Aspects of sustainability, environmental impact and future industry direction and developments will also be explored. Special topics will be addressed including a case study on a global petrochemical market and an overview of industrial catalysts used in petrochemistry. Upon completion of this program the participants will have a better understanding of the commercial, economic and technical aspects of the petrochemicals markets, and the most important and relevant process chemistry that is integral to this industry.
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Suitability
The program has been designed for all professionals involved in either the commercial or technical aspects of petrochemical processes and catalysts utilized in the petrochemical industry. This program should be invaluable to market analysts interested in the petrochemical sector plus engineers and industrial chemists working in petrochemical companies or in the petrochemical subsidiaries of major refiners; and located in company headquarters, chemical plants or integrated petrochemicals/refinery complexes. Additionally, the program will be relevant and quite useful to those wanting to gain an insight into the relationship between petrochemicals, processes, and catalysts.
Content
Petrochemical Industry Globalisation Structure and Organisation
Feedstock Flowchart and cross linkages
Perspectives and integration of Oil refinery and Petrochemical plant
Sources of the basic petrochemical building blocks
Intermediates , derivatives and end-use markets
The Top 100 Chemicals
Size, Commodities vs Specialties, Major Players
Industry characteristics
Advantages of Global Mega size
The Billion Dollar Club and emergence of the new Seven Sisters
The Petrochemical Industry Today and Tomorrow
Cyclicality and profitability
Adding Value, M+A vs organic Growth
Monitoring the Industry
Feedstocks
Refinery Reactions as a source of Petrochemicals
FCC Cracking
Steam Cracking
Reforming
Intermediates production
Petrochemical Economics
Market Value Chains, Investment decisions
Economy of Scale
Industry Cost Curves, Cash margin Index
The Habits of a Low Cost producer
Natural Gas C1 and C2 based Chemicals and Processes
Shale Gas brings a new dawn
GTL - effective use of cheap Gas
Methanol and Formaldehyde
Ethylene and derivatives
Technology and Economics of Olefins
Supply/demand balance
Regional comparisons
Case Study - PX and PTA - Market Economics & Drivers
Feedstocks, plant design, catalyst options, operating philosophy and conditions
Propylene to Polymers - C3+ Chemicals and Processes
Process and technology licensees, business dynamics, value chains
Commercial routes to C3, C4 blockbuster chemicals
Aromatics Sources, Business and Technologies
Value chains
Routes into Polymers
Styrene production routes
Sustainable Development
What is sustainability?
Green Chemistry
Review of potential bio-feedstocks
Is BTL realistic for fuel and chemical production?
Optional Discussion Forum - Industrial Catalysis for Petrochemicals
Catalyst Basics
What catalyst to choose
overview of Suppliers and manufacturing methodology
Commercial and technical Catalyst management
How Polymers are Manufactured
The Polymer Tree
Commercial outlook for Polymers
Polymer production and chemistry
PE and PP technologies
Synthetic versus Natural Polymers