INTRODUCTION:
This course will concentrate on the production, technology, and value chains of olefins and polyolefins and how they relate to the petrochemical industries. From raw materials to the finished product that will be sold, it will examine the processing of olefinic feedstocks, crude oil feedstocks, and the production of polymers.
Course Objectives
By the end of this course, the participants will have learnt to:
- Explain the main benefits to customers and other employees of Polyolefins and Olefins
- Be deeply familiar with the three major types of Polyethylene types
- Apply acquired knowledge of the feedstock for this industry
- Gain a complete understanding of the rapid growth of Polypropylene
- Comprehend the wide-ranging benefits and resourcefulness of Olefins
- Master the value chain in the petrochemical industries from raw Oil and Gas to finished plastics and other important and sophisticated materials utilised in improving the quality of life
- Confidently discuss the petrochemical industry’s technical terms, main concepts, and buzzwords with other employees and investors
- Enhance knowledge of Oil and Gas production, operations, refining, and demand forecasting
Organisational Benefits
- An insight into the competitive nature of this market segment
- An insight into current market trends
- Relevant problem-solving in the petrochemical industry
- Complete background and a deep exploration of the market sector
- Increased and improved technical knowledge
- Clarification of how to achieve goals set by stakeholders in the Olefins and Polyolefins and petrochemical industry
Personal Benefits
Participants who will undertake the training provided by this course stands to benefit in the following ways:
- Mastering the core competencies of the petrochemical industry
- Be fully cognizant of the success factors of the different petrochemical industry i.e., IOC’s, NOC’s, pure refining companies, pure chemical companies, and their relative strengths and weaknesses
- Sharpen their business skills by learning those techniques that improve capital productivity and operational excellence
- Added confidence and a better understanding of a complex global market
- State of the art business related knowledge
- Networking with delegates from similar backgrounds
- Ability to share latest market knowledge
- Potential to educate fellow employees on similar matters
Who Should Attend?
- Market analysts who are interested in the Polyolefins and Olefins sector
- Industrial engineers
- Industrial chemists
- Chemical plant technicians
- Business development
- Process engineers
- Professionals in polymer and petrochemical companies
- Researchers need more commercial background
Course Outline
Module 1: Introduction
- The petrochemical industry
- Costs, margin and prices
- Ethylene and Propylene markets
- What makes the petrochemical industry unique?
- Industry profitability
- Origins and history of the industry
- Strategies employed by major players
- Natural gas/shale gas revolution
- Petrochemicals, gas, and petroleum
- How coal fits in the strategy
- Olefin derivatives and uses
- Market growth and industry costs
- Petrochemical plant
- Integration of Olefins and Polyolefins
Module 2: Refining and supply of crude oil
- Essence of international supply – the global reserves, trade, and production
- Crude oil quality indicators
- Oil industry units and conversion factors
- Crude oil classifications
- Refining, marketing, transportation, and exploration of crude oil
- Crude oil characterisation by assays
- Industry units
- Refinery configurations
- Coking
- Topping
- Cracking
- Hydro skimming
- Fundamentals of Oil economics
- The delivered price of crude oil
- Value of crude oil and determining factors in crude selection
Module 3: Value chain in petrochemical economics
- Olefin economics
- Feedstock costs and their impact on ethylene cost
- Differences in costs and margins between producing regions
- Steam cracker margins
- Olefins: costs, consumption, margins, and investment
- Costs and pricing
- Aromatics sources, business, and technologies
- Supply and demand
- Refining gas separation
- Styrene – routes to manufacture
- Sources of aromatics
Module 4: Feedstocks, equipment, and processes
- Refinery petrochemical integration
- What do we mean by integration of refining & petrochemicals?
- Identify the seven basic chemicals
- Explore what are the benefits and challenges of integrating refineries with petrochemicals are
- Feedstock for petrochemical
- Difference between fuels and chemicals
- World Gas Oil industry basic functions
- Different raw materials for petrochemicals from C1 to C50
- Different feedstock sources for petrochemicals
- Alternate value of hydrocarbons
- Petrochemical equipment and processes
- The measure of conversion and yield in a refinery
- The basic refining operations and processes
- Rearrangement of hydrocarbons chains
- Overview of hydrocarbons groups in crude oil
Module 5: Polymers
- Manufacturing methods
- Key properties
- Plastics
- Polymer markets and applications
- Polymer types
- Polyethylene fundamentals
- Business structure
- Margins and consumption
- How they are made
- What is their future?
- Utilisation
- LDPE, LLDPE, and HDPE
Module 6: Polyolefins as a business
- Regional trades
- Consumption trends
- Major players and their profiles
- New capacity investment
- 2008 and the slump
- Green polyolefins
- Sustainability of polymers
Module 7: Value chain markets for petrochemicals
- Petrochemical markets – mod9
- Forecasting
- Global market and business
- Market research
- Chemical industry market segmentation
- Planning techniques
Module 8: Project evaluation and strategies
- Project evaluation in petrochemicals
- Project selection criteria
- Capital cost estimate accuracy
- Project management evaluation steps
- Comparative measures of performance
- Consideration for technology selection, capital, and operating costs for the project
- Project management and core activities, including considerations
- Investments appraisal methods
Method of Instruction
Online
Course Duration:
7Â days
Type of Certificate Issued:
On a successful completion of this training, Participants will be issued
Certificate  in Dynamics of Olefins and Polyolefins Business for Petrochemical Industries
Participants can choose to have their certificate in any of the three options below:
- Digital Certificate(Downloadable( PDF)
- Physical Certificate with security marking shipped to your location with a price
- Framed Certificate with security markings shipped to your location with a price.
REGISTRATION