Name: Understanding the Global Petrochemical Industry Training Course
Rating: 4.7 (1076 reviews)

Scheduled Dates

Classroom

14 - 18 Sep 2026

Dubai - UAE

$5,950

15 - 19 Mar 2027

Dubai - UAE

$5,950

13 - 17 Sep 2027

Dubai - UAE

$5,950

Why Choose this Training Course?

Plastics and chemicals are “the building blocks of contemporary civilization.” Petrochemicals manufacture thousands of products that people use daily, including plastics, medicines, cosmetics, furniture, appliances, electronics, prosthetic limbs for the disabled, solar power panels, and wind turbines. This unique 5-day training course has been designed to enable participants to learn more about the value of petrochemicals and the success factors that can improve financial performance and help companies weather industry challenges.

In this Understanding the Global Petrochemical Industry training course, attendees will gain the technical knowledge and business acumen on the key subjects:

Understand the basic refining operations and the business of petrochemicals
Ascertain the seven basic chemicals, the rearrangement of Hydrocarbons chains, and the measure of conversion and yield in a refinery
Recognize the benefits and challenges of integrating refinery with petrochemicals
Distinguish the petrochemical participation concept with examples of Strategies/Business Models of IOCs, NOCs, and Non-Oil Companies
Determine project management evaluation and the critical considerations in selecting proper technology, capital, and operating costs for the project
Understand the petrochemical innovations, challenges, and future trends

What are the Goals?

By the end of Understanding the Global Petrochemical Industry training, the attendees will be able to:

Gain a broad perspective of the petrochemical industry
Boost your understanding of petrochemical operations, refining, petrochemical demand forecasting, contracts, prices, distribution, sales, etc.
Master the petrochemical value chain from crude oil to finished plastics, polymers, and other synthetic materials used in our daily lives
Evaluate the petrochemical markets, strategies, and petrochemical models
Confidently discuss the petrochemical industry's technical terms, concepts, and buzzwords with your peers and clients.

Who is this Training Course for?

This Understanding the Global Petrochemical Industry training course is designed to train and improve the business knowledge of a wide range of professionals as follows:

Geoscience & Engineering Professionals
Business Development Managers
Corporate Planning Professionals
Refinery Professionals
Supply Planners & Scheduling Professionals
Government Regulators
Law Professionals
Tax & Finance Advisors
Auditing Personnel
Compliance Officers
Equity Analyst And Bankers
Joint Venture Officers
Negotiators And Contracting Professionals
Trading Professionals

How will this Training Course be Presented?

This dynamic and highly interactive training course is designed to encourage delegate participation through a combination of group discussion, practical exercises, case studies, quizzes, and extensive use of short videos highlighting the petrochemical operations, environmental and safety considerations to reinforce new knowledge and skills, and discussion of practical issues in their organizations.

Organisational Impact

By sending their employees to this Understanding the Global Petrochemical Industry training course, the organization will gain a broader range of skills that participants gain and henceforth apply in their workspace that will directly benefit their respective companies.

Offers a general management viewpoint of global petrochemical business and highlights or brings out the factors for the success in each category of several business models
Defines and determine how innovations in petrochemicals and energy are helping to drive economic growth and strengthen the living standards globally
Clarifies how we can achieve these goals while delivering value to shareholders
Inculcates the corporate culture of effectively dealing with the core issues, tactics, and essential concepts of successfully running the petrochemical business

Personal Impact

Each participant will be able to enhance the technical knowledge and business skills of the Petrochemical Industry, which will benefit their career growth.

Master the core competencies of the Petrochemical Industry
Sharpen business skills by learning that technique that improves capital productivity and operational excellence
Understand the value chain optimization in Petrochemical Industry and apply it at the workplace to improve stockholders’ value
Be fully cognizant of success factors of the different categories of the Petrochemical Industry – NOCs, IOCs, pure Chemical Companies, Pure Refining Companies, their relative strengths, and weaknesses

Daily Agenda

Day 1: Crude Oil Supply and Refining

Introduction to Course
The Essence of International Oil Supply – Global Reserves, Production & Trade
- Introduction to global oil business - Exploration, Extraction, Refining, Marketing, Transportation
- Global Oil Resources – World Oil and Gas Reserves, Production of Oil and Gas
- Industry units – for the USA, Europe, and Asia, Conversion factors
- Crude Oil Classifications
- Crude Oil Quality Indicators, crude oil characterization by Assays
- Crude Oil Distillation – Refined Products
- Oil Industry Units and Conversion factors
Fundamentals of Oil Economics
- Delivered price of crude oil – the concept GPW (Gross Product Worth)
- Value of Crude Oil and the Determining Factors in Crude Selection
Introduction to Crude Oil Refining - Distillation
Refinery Configurations
- Topping
- Hydroskimming
- Cracking
- Coking

Day 2: Refinery Economics and Petrochemicals

Refinery Development
Refinery Economics
- Net Refining Margin calculation
Introduction to Petrochemical
- What are Petrochemicals?
- Oil & Gas Value Chain leading to Petrochemicals – 2
- Classification of Petrochemicals
- How PC derived from Well Head to Products
PC History and Its Key Role
- The Beginning of the Petrochemical Industry
- Petrochemical Applications in Daily Life
- Petrochemical Applications in Health Care
Basic Chemistry
- Basic Organic Chemistry
- Key Properties of Organic chemicals
- Classification of Chemicals into Groups
- The Building Blocks in Petrochemicals
- Reactions/Process Technologies Of the Petrochemical Industry

Day 3: Petrochemical Feedstocks, Processes, and Equipment

Feedstock for Petrochemicals
- The different raw materials for petrochemicals from C1 to C50
- Different feedstock sources for petrochemicals
- World oil refining and petrochemicals output composition
- Difference between fuels and chemicals
- “Alternate Value” of hydrocarbons: Gasoline Pool vs. Petrochemicals
- World gas oil industry’s essential functions
Petrochemical Processes and Equipment
- The overview of hydrocarbons groups in crude oil
- The basic refining operations and processes
- The working knowledge of essential equipment used in the petrochemical industry,
- Rearrangement of Hydrocarbons chains
- The measure of conversion and yield in the refinery
- Refinery-Petrochemical Integration
- Identify the seven basic chemicals.
- Learn what is meant by the integration of refining and petrochemicals
- Explore what are the benefits and challenges of integrating refinery with petrochemicals.

Day 4: Petrochemical Value Chains and Markets

Petrochemical Value Chains I
- Understand the concept of the value chain
- Understand how a series of upgrades are made from the raw material to the finished products
- Learn how these value chains are optimized
- Understand the chemical linkage from hydrocarbons to end uses
Petrochemical Value Chains II
- Exploring olefins value chain - ethylene, propylene, and polyvinyl chloride.
- Understanding how their demand is driven.
- Olefins product applications and manufacturing technology
Petrochemical Markets-Mod9
- The global chemical business.
- Looking at the chemical industry market segments.
- Learning basic market research.
- Learn what forecasting is.
- Explore the forecasting/planning techniques

Day 5: Strategies and Project Evaluation

Petrochemical Strategies
- Define the petrochemical participation concept
- With examples of Strategies/Business Models of
  - International Oil Companies
  - National Oil Companies
  - Non-Oil Companies
- International oil Companies’ Key Strategies
- National Oil Companies - Chemicals Business Structure and Key Strategies
- Major Non-Oil Companies’ competitive advantage
- Major Business Incentives - Five Categories
- Know about the best in Class Summary
- Understand the critical success factors
Petrochemical Project Evaluation
- What are project management and its core activities and considerations?
- Project Management Evaluation Steps
- What are the considerations in selecting proper technology, capital, and operating costs for the project?
- Capital Cost estimates accuracy
- The different ways of conducting financial evaluation, measures for its success, and adding shareholder value
- Comparative measures of performance
- Investment Appraisal Methods
- Project Selection Criteria
- Conclusions
Petrochemical Innovations, Challenges & Future Trends
- What are the drivers for innovations in Petrochemicals
- Innovations in Petrochemicals – Hi-Tech
- Innovations to Meet Market Demand – MTO
- Emergence of Bio-feedstock
- How the unique properties of petrochemicals cater to the different industries?
- What are the refining challenges, future trends, and risks involved in petrochemicals?

Certificate

On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

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Related Categories

Petrochemical and Chemical

CERTIFICATES

An Interactive 5-Day Training Course

Understanding the Global Petrochemical Industry