Training Workshops

Petrochemical Industry Fundamentals Workshop
Commercial Impact of Olefins and Polyolefins Technologies
Specialty Chemical Industry Workshop
Introduction to Monetizing Shale Gas, Natural Gas, and Coal in Petrochemicals Workshop
Petrochemical Trading Workshop - NEW this year!

Petrochemical Industry Fundamentals Workshop

Full-day Workshop

This workshop is offered on Tuesday, March 15 and Friday, March 18

While hot topic issues such as shale gas and tight oil in the U.S. are of current interest and rightfully receive a lot of attention and press, it is imperative to have a good understanding of key industry fundamentals in order to appreciate how these hot topic issues impact profitability. 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.

Instructors: 

Tuesday:
Michael D. Smith, Vice President EMEA, IHS Chemical
Sanjay Sharma, Vice President – Middle East and India, Chemical Consulting, IHS Chemical
Tony Palmer, Vice President, Consulting, IHS Chemical
Roger Green, Vice President, IHS Chemical

Friday:
Dr. Jeff Plotkin, Vice President of Training & Education, IHS Chemical
Ed Glatzer, Managing Director, Chemical Consulting Technology & Analytics, IHS

Morning Session:

Introduction & Petrochemical Feedstocks

  • Feedstocks:  natural gas, natural gas liquids (NGLs), crude oil fractions, especially naphtha, coal and renewables.

Introduction to Petrochemical Building Blocks 

  • Aromatics: benzene, toluene, xylenes
  • Light Olefins: ethylene, propylene, butadiene

Afternoon Session:

  • Heavy Olefins:  Butadiene, Butylenes

Exploring Petrochemical Value Chains

  • Polyethylenes (LDPE, LLDPE, HDPE)
  • Polypropylene (PP)
  • Polystyrene (GPPS, HIPS, EPS)
  • Polyester/PET
  • Chlor-alkali/Vinyls  
  • Synthesis gas (syngas) - ammonia and methanol 

Global Markets: Market Drivers, Demand & Consumption Patterns, Outlook for Investment

What Delegates will receive: 

  • Admittance to evening “Welcome Reception”
  • Networking opportunities including breakfast, lunch and coffee breaks 
  • Hard copy of workshop presentations
  • Certificates of course completion upon request 

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

Time 8:00 am – 5:00 pm

Course Fee: 
Early Bird Rate (expire after Jan. 29, 2016): $1,495
Standard Rate: $1,550

Commercial Impact of Olefins and Polyolefins Technologies

This workshop is offered on Tuesday, March 15 and Friday, March 18

This new course will examine the commercial impact of olefins and polyolefins technologies on cost competitiveness, market dynamics and trade. Especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry.

Instructors

Robin Waters, Director, Plastics Planning and Analysis, IHS Chemical
Mark Morgan, Managing Director, IHS Chemical

Morning Session:

Introduction & Petrochemical Feedstocks

  • Quick petrochemical "trip around the world"
  • Feedstocks:  natural gas, natural gas liquids (NGLs), crude oil fractions, especially naphtha, coal and renewables.

Introduction to the Olefins Business 

  • Includes discussion on ethylene and propylene businesses including process technologies, impact of shale gas, key players, demand drivers and regional strength and weaknesses.   

Afternoon Session:

Introduction to Polymers

  • Includes discussion on polyethylene (LDPE/LLDPE/HDPE) and polypropylene businesses, including advantages/disadvantages of polyolefin process technologies, demand drivers, key producers, and inter-regional trade.

Olefin/Polyolefin Competitiveness

  • Includes discussion on cost of production methodologies, definition of terms (variable costs, fixed costs, cash costs), and comparative regional economics.
  • The economics will be put into context by presentation of global cost curves for both olefins and polyolefins.

What Delegates will receive: 

  • Admittance to evening “Welcome Reception”
  • Networking opportunities including breakfast, lunch and coffee breaks 
  • Hard copy of workshop presentations
  • Certificates of course completion upon request 

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.

Time 8:00 am – 5:00 pm

Course Fee:
Early Bird Rate (expire after Jan. 29, 2016): $1,495
Standard Rate: $1,550

Specialty Chemical Industry Workshop

This workshop is offered on Tuesday, March 15

Full-day Workshop

With the ongoing transformation of the chemical industry into commodity and specialty oriented enterprises, it is imperative to have a good understanding of key industry fundamentals of the specialty chemical industry. This workshop reviews these fundamentals, starting with the definition and differences of specialties versus commodities and fine chemicals, and how specialty chemicals impact our daily lives. Other topics to be covered include key market players, market segmentation by functionality, application areas and regions, necessity of having a strong service component, and key factors to be successful in the specialty chemicals business. Especially important for industry newcomers is that our instructors will clarify the technical jargon commonly used in the specialty-chemical industry.

As illustration of the above scope topics, various specialty chemical sectors with their markets and players will be presented. Demand drivers in the different regions will be compared and their outlook discussed.

Instructors

Stefan Schlag,
Marifaith Hackett
Michael Malveda
Ralf Gubler
Eric Linak
Masahiro Yoneyama
Vivien Yang

Morning Session: 

  • Specialty Chemical Fundamentals
  • Specialty Chemical Markets I - Food Additives
  • Specialty Chemical Markets II - Specialty Fibers
Afternoon Session:

  • Specialty Chemical Markets III - Specialty Fertilizer Market
  • Regional Specialty Chemical Markets and Regional Chemical Industry Strategies - US, Japan, China, and Europe

What Delegates will receive: 

  • Admittance to evening “Welcome Reception”
  • Networking opportunities including breakfast, lunch and coffee breaks 
  • Hard copy of workshop presentations
  • Certificates of course completion upon request 

Who is it for?

Anyone who wants an overview of the key elements and profitability drivers of the specialty chemical industry, including industry newcomers and experienced workers needing a refresher or update. The course is designed to be of interest to both technical and non-technical people including business analysts, purchasing agents, sales & marketing personnel, researchers, process engineers, bankers and finance professionals, HR staff, as well as downstream processors.

Time 8:00 am – 5:00 pm

Course Fee: 
Early Bird Rate (expire after Jan. 29, 2016): $1,495
Standard Rate: $1,550

Introduction to Monetizing Shale Gas, Natural Gas, and Coal in Petrochemicals Workshop

This workshop is offered on Tuesday, March 15

Full-day Workshop

This course will assess the burgeoning Shale Gas, Natural Gas, and Coal to Chemicals sectors.  The economic impact of shale gas and coal on petrochemical cost of production will be highlighted.  Several case studies for leveraging these advantaged feedstocks will be presented.  Especially useful for industry newcomers is that our instructors will clarify the technical jargon commonly used in the petrochemical industry. 

Morning Session:

Introduction & Petrochemical Feedstocks  

  • Natural gas, natural gas liquids, impact of shale gas
  • Coal to chemicals in China 

Syngas Value Chain

  • Synthesis gas (syngas)
  • Ammonia
  • Methanol 
  • Methanol to Olefins (MTO)

Afternoon Session:

Olefins Value Chains: includes discussion on how gas-based and coal-based feedstocks enjoy regional price advantages in many key olefin derivatives

  • Light olefins – Ethylene and Propylene
  • Ethylene Oxide/Glycol (EO/MEG)
  • Polyethylene (LDPE, LLDPE, HDPE)
  • Polypropylene (PP)
  • Heavy olefins – Butadiene and Butylenes

Chlor-alkali/Vinyls Value Chain: 

  • Chlor-alkali – ECU: Chlorine and caustic soda
  • Polyvinyl chloride (PVC)

Strategic Issues: Market case studies 

What Delegates will receive: 

  • Admittance to evening “Welcome Reception”
  • Networking opportunities including breakfast, lunch and coffee breaks 
  • Hard copy of workshop presentations
  • Certificates of course completion upon request 

Who is it for?

The financial community and chemical industry participants throughout the value chain from feedstock supplier, through production to conversion, who are interested in understanding this rapidly developing sector of the petrochemical industry.

Time 8:00 am – 5:00 pm

Course Fee: 
Early Bird Rate (expire after Jan. 29, 2016): $1,495
Standard Rate: $1,550

Petrochemical Trading Workshop - NEW this year!

This workshop is offered on Tuesday, March 15

Full-day Workshop

This workshop provides participants with a broad overview of how petrochemical products are commercially transacted/traded and taught through usage of multiple case examples.

The dynamics of the global petrochemical industry are changing rapidly and in profound ways. There is more volatility in the markets and many industry participants are adjusting towards J.I.T. sales and purchase agreements in this new paradigm. A good understanding of the petrochemical markets and how the various elements of feedstock, basic petrochemicals and derivatives interact and affect each other is essential for industry participants. This course puts all these in perspective and highlights contract structures and the commercial risk elements involved.

Participants will leave the workshop armed with the knowledge and insights to make good decisions and effectively equipped with the skills to mitigate their future commercial risk exposure to protect industry and/or trading margins. 

Morning Session:

Primer

  • Case study: Tender time!

Evolution of Trading Hubs – Oil & Petrochemical Trading

  • A historical look back
  • Differences between Oil and Petrochemical Trading 
  • When to trade and when to sell?

Trading Optimization along the Value Chain 

  • Case study: I smell a trading opportunity! 

Trading for Netback Maximization

  • Case study: Who should we sell the spot cargo to? 

Afternoon Session:

Profile of industry participants

Hedging Strategies in Trading 

Trading Risks

  • Market
    • Case study: Sell at fixed or at formula prices?
  • Counterparty
  • Credit
  • Operations
    • Case study: Your vessel is going to miss the laycan!
  • Regulatory
  • Political
  • Risk mitigation concepts

Concluding remarks  

What Delegates will receive: 

  • Admittance to evening “Welcome Reception”
  • Networking opportunities including breakfast, lunch and coffee breaks 
  • Hard copy of workshop presentations
  • Certificates of course completion upon request 

Who is this for?

Course is designed to be of interest and value to technical, manufacturing, sales & marketing and trading industry participants. Attendees represent a wide range of job functions and types of companies. 

Job Function: Business managers, technical and plant personnel, financial analysts, strategic planners, traders, purchasing agents, sales and marketing personnel, supply executives and legal managers. 

Company Types: Petrochemical companies, oil and gas companies, plastic fabricators and converters, compounders and formulators, specialty and performance chemical companies, technology licensing firms, investment banks, private equity and venture capital firms, law firms, ship owners and brokers. 

Course Fee: 
Early Bird Rate (expire after Jan. 29, 2016): $1,495
Standard Rate: $1,550