Exploiting the New Regional Opportunities in Petrochemicals
Fast-track your commercial, technical and economic knowledge to make robust insightful, and well-considered strategic and investment decisions in this dynamic sector
This highly practical and interactive programme will help you to:
- Accelerate your understanding of the rapidly-changing dynamics of the global petrochemical industry
- Build your knowledge of the key geographies for strategic investment
- Identify and examine the seven sources of competitive advantage and understand where your business can benefit – from Feedstocks to Process Technology
- Gain a detailed insight into the economic value chain behind petrochemical projects and apply this to your commercial benefit
- Expand your knowledge of the supply chain challenges to identify the potential risks and opportunities for your business
- Apply the knowledge gained through a detailed region by region review to focus your commercial activities
- Gain hands-on experience through real-life industry case studies
- Review the risks in doing business with new and emerging markets to protect against them
- Compare your current operations against the strategies of the major players active in this sector
What is the programme about?
Specifically developed to provide professionals working within the petrochemical sector, or supplying the sector with services, with an in-depth understanding of the petrochemical value chains, and the business opportunities within them. The recent changes in the regional, political and economic environments will be considered. Our expert will then help you to identify how these changes will impact your business and where the opportunities present themselves.
- Commercial, marketing and sales
- Strategists and planner
- Government officials
- Bankers and equity fund managers
- Lawyers and legal counsel
- Finance and HR personnel
- The evolution of the petrochemicals sector
- What is unconventional/tight gas
- The relationship between oil, gas and petrochemicals
- The North America shale revolution
- - understanding why it is happening
- - will it be replicated globally?
- The main processes to make petrochemicals
- How decisions change over the 7 year petrochemical cycle
- The mega-trends and how do they drive chemical consumption
- Changing demographics and the effect on demand for petrochemicals
- Which products will benefit from each trend
- The ‘new normal’ for petrochemical demand
- Butadiene and C4
- What are the impacts on petrochemicals of a ‘three-speed’ global economy?
- Cost curves – how are they developed and how are they used?
- Pricing – what are the different approaches to product pricing?
- Product margins – what’s been the margin performance of the major products?
Participants will review and examine an industry case study to understand the key learning points in a real-life scenario
-Shale (North America and others)
- Economies of scale
- Commodity or specialty products?
- Proximity to markets
- Supply chain
- Refinery and petrochemical integration – why this a commercial imperative
- Process technology – where it’s freely available; where it’s not
- Where is there scope for arbitrage between regions?
- How sustainable are these competitive advantages
- How else might they be achieved?
- Petrochemical strengths and weaknesses – North America, Europe, Middle East, Asia
- Inter-regional petrochemical competitiveness – US, Japan, BRIC grouping, China, South Korea, Middle East
- The benefits and drawbacks of cluster development. What are the critical success factors?
- The job creation potential of petrochemicals and its downstream industries
- The downstream plastics sector – scale and scope
Participants will examine this real life industry scenario in the context of the key message from the course to build their knowledge through practical application
- North America
- The Middle East
- Global ranking between countries
- Risk identification – how easy is it?
- How rigorously are contracts enforced?
- Typical import/export costs and timing
- How well are investors protected?
- Growth prospects in mature and emerging markets
- Views on China’s continuing growth prospects
- Why China may not want to be self-sufficiency in petrochemicals
- How comparative labour rates change the location of industries
Testimonials for our Courses
“My experience with Clarion Training was pleasant and the facilities were accommodating. It was most useful and interesting to understand the key content of contracts and which areas to pay particular attention to.”
Dates & Locations
This course is only available as a custom course tailored for your business, contact us to discuss your requirements.