Petrochemical Markets: Managing Commercial and Financial Risks

  • Course Details:

    Ref: SPM2 Length: 2 Days
    Location: London Price: £1750 excl. VAT

Introduction

The Petrochemical Markets: Managing Commercial and Financial Risks two-day course provides an understanding of petrochemical commercial and financial risks. Participants will analyse the production and supply costs which will highlight the price determining mechanisms and opportunities for profits in the industry.

Who should attend

This Petrochemical Markets: Managing Commercial and Financial Risks course is for managers, planners and commercial marketing/supply personnel, from both established petrochemical producers and new entrants. Additionally, bankers and others who offer services from feedstock suppliers will benefit.

Course Content

Industry Structure 

  • Petrochemicals related to refining, gasoline and fuels

Petrochemical Economics

  • Costing: cash and full costs, variable and marginal costs, cost curves and competitor cost structure
  • Pricing, price setting mechanisms, price monitoring

Developments in International Trade

  • Current international trade patterns
  • The problems facing new producers, impact on Europe
  • Petrochemical tariff trends
  • Expected inter-regional trade trends

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 RatesSupply & Demand ( cyclicality & volatility)
  • Why is liquidity important
  • Regional or Global Prices?Co-/By-Products complicate cost structures

Commercial and Financial Risk Management – Best practice 

  • Petrochemical Risks – the process, operation and maintenance
  • Petrochemical Tariff and various Risk Management measures incorporated in the tariff  
  • Special aspects of loss of profits insurance of these risks 

Learning Outcome

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

  • Understand the different cost elements in the manufacture of petrochemicals
  • Understand commercial risk in Petrochemical Markets
  • Explore risks associated with contract pricing decisions and contingency provision
  • Manage risk mitigation for positive technical, financial and commercial outcomes
  • Gain insights into the main petrochemical markets and an understanding of the costs of making petrochemicals
  • Understand of Petrochemical Tariff and various Risk Management measures incorporated in the tariff

Want to make an enquiry on Petrochemical Markets: Managing Commercial and Financial Risks Training Course?

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

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.

WAYS TO REGISTER FOR OPEN SPECIALISED TRAINING COURSES

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: training@boc-uk.com or        fax: +44 (0) 207 112 4845 Call: +44 (0) 207 112 4846

BOC APPROACH

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.

TAILORED MADE / IN-HOUSE MANAGEMENT TRAINING COURSES

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: training@boc-uk.com or call us on +44 (0) 207 112 4846

ONE TO ONE COACHING & MENTORING

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: training@boc-uk.com or call us on +44 (0) 207 112 4846

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