Introduction to Petrochemicals

  • Course Details:

    Ref: SIP4 Length: 2 Days
    Location: London Price: £1350 excl. VAT


The Introduction to Petrochemicals two-day workshop will give participants knowledge of the upstream and downstream nature of the petrochemical industry. These skills are necessary to understand what is happening in the chemical markets. This course will also equip participants with the essential skills needed to predict how different events will affect the business, whether buying or selling chemicals.

Who should attend

The Introduction to Petrochemicals intensive workshop would be best suited for those who want to be equipped with the knowledge of key issues affecting the chemical industry.

Course Content

Crude Oil Overview

  • Crude Oil Characteristics
  • Demand now and into the future by region and product
  •  Crude Oil Supply and capacity by region


  • Why do we need refineries?
  • The refinery value chain
  • The key refining processes
  • Naphtha ,Gasoline and Octane issues

The Steam Cracker : Key Source of Petrochemicals

  • How does the steam cracker work and how is it’s production costed
  • Feedstock options ( Naphtha, LPG and Ethane etc) for steam cracker

Refinery and other sources of Petrochemicals

  • On purpose production
  • Refinery sources
  • Coal & Gas as sources

Middle East: A Key Supply Source

  • Middle East Region Petrochemical Feedstock Pricing
  • New petrochemical Capacity

Key Petrochemical Building Blocks & their value chains

  • Olefins e.g. Ethylene, Propylene and Butadiene
  • Supply and demand
  • Olefins cost of production
  • Aromatics e.g. Benzene, Toluene & Xylenes
  • Supply and demand
  • Aromatics cost of production

Overview of Derivatives

  • Olefin Derivatives. C2, C3 & C4 Value chains
  • Aromatics Derivatives. C6 & C8 Value chains

Petrochemical Pricing Mechanisms

  • Who are the players, who set the price?
  • What are the different price mechanisms: contract, cost plus, spot,  real time etc. &what are the risks involved?
  • Uncertainty: Events/Exchange Rates
  • Supply & Demand (cyclicality & volatility)
  • Why is liquidity important
  • Regional or Global Prices?
  • Co-/By-Products complicate cost structures

The Key Players & their Strategies

  • The major chemical companies, their origins and types
  • Profile of some major global petrochemical companies
  • Critical success factors

Regional Balances & Opportunities

  • Where are the regional imbalances and in what products
  • Regional imbalances promote trade: two regions will dominate
  • Who are the key companies meeting this challenge and some conclusions

Interactive Role Playing Exercise

  • Game organized to practice some of the learnings gained from the workshop

Learning Outcome

By the end of the course, participants will be able to:

  • Gain knowledge to describe the Petrochemicals Industry, products & key players
  • Understand the industry, its key issues and the context in which it operates in 2014
  • Communicate effectively with the industry, & leverage more value from it

Want to make an enquiry on Introduction to Petrochemicals Training Course?

Please call us on +44 (0) 207 112 4846, email us at or complete our on-line form below.

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Small Classes

With small class sizes, much more individual attention can be given to each delegate.

Competitive Pricing

We believe our prices are very competitive and our quality is second to none.

Friendly Staff

Our friendly Customer Support team is here to help you with every step of the way to make your BOC experience comfortable and welcoming.


Course registrations can be made via our website either from individual course pages or through our booking page.

Alternatively, you can download and complete course application form and send via email: or        fax: +44 (0) 207 112 4845 Call: +44 (0) 207 112 4846


Why Choose BOC?

Commitment to Quality

We strive to provide the best service possible, with the highest regards to quality and professionalism.

Different trainers every day

Each day we have different trainers to maximise the experience sharing.

Kindle for every BOC Delegate

to promote paper free environment, we are giving Kindle Fire to our delegates instead of the course binder.

Luxury Course Venue

All our Training Courses take place at the luxury 4-5 Star hotels located in central London

Certificate of Achievement

At the end of the programme participants will receive a certificate of achievement.

FREE On-going Support

Each delegate receives unlimited support from the trainers after they attended the course with us.


All of our open courses can also be run as bespoke courses, tailored to your organisation's specific needs and requirements. Our Tailored Management Training comes in many formats from one-to-one through to fully customised company wide programmes.

To find out more email: or call us on +44 (0) 207 112 4846


All of BOC open courses can also be run as One to One Training Sessions, where delegate gets a dedicated trainer for their specific learning requirements. This mode of training is highly preferred by those who need undivided attention of the instructor for a fulfilling learning experience. The courses can be tailored to suit the individual needs of the organisation and the delegate.

To find out more email: or call us on +44 (0) 207 112 4846


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