Petrochemicals III – Feedstocks
Understanding how products from oil refining, natural gas processing and other operations feed into the petrochemical sector will help you to recognise their effect on the pricing and trade of chemicals you are dealing with.
Joining this course will give you an overview of the upstream industries that provide the raw materials for making petrochemical building blocks as well as insights into what can be expected in the future, ensuring that you are fully aware of their effect on your business.
Not right for you? Try our Petrochemicals I & II courses.
All of our petrochemical courses are also available in-house. Find out more
Benefits to you and your company:
Get a deeper knowledge of the petrochemicals business and markets by understanding how products from oil refining, natural gas processing and other operations feed into the petrochemical sector. The course will give you insights into the upstream industries that provide the raw materials for making petrochemical building blocks, as well as what can be expected in the future, ensuring that you are fully aware of their effect on your business.
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By the end of the course, you will learn about:
- Crude oil history and terminology: The rise of national oil companies and OPEC, crude oil consumption and production, and major crude types set the stage for the oil refining presentations.
- Oil refining and economics: After describing the development of the oil refining industry, we work through the major separation, conversion and purification steps employed in concise terms without technical jargon. We describe the refining processes needed to meet end-use demand with the concept of simple and complex refineries explained. A further presentation looks at refining economics and the tools to measure profitability.
- Natural gas processing and liquefaction: The natural gas industry and the terminology used are explained, including natural gas processing, where the natural gas liquids (NGLs) are separated out.
- The petrochemicals conversion technologies: At this point, the relevant products derived from oil and natural gas are drawn together to show how they can be used to make petrochemical building blocks. This includes an overview of the different technologies used to make basic petrochemicals.
- Synthesis gas for making petrochemicals: The production and conversion of synthesis gas to petrochemicals is next examined including gas-to-liquids via the Fischer-Tropsch process. This leads to a discussion on coal-based petrochemicals and the chemicals that can be produced from coal gasification.
- Future routes to petrochemicals: The course concludes with a glimpse of where future petrochemical feedstocks may be obtained.
Hands on practice:
- Hands on exercise to reinforce the learning related to margin analysis, reformer yields and octane economics
- Presentations by an ICIS consultant with extensive experience in both the refining and petrochemical businesses
Course fees:
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Morning
REGISTRATION AND REFRESHMENTS
Welcome & Introduction
Crude Oil: History and Terminology
- How oil shaped geopolitics and economies
- OPEC, IOCs and NOCs: reshaping the politics of oil
- Global crude oil production, consumption and reserves
- Types of crude oil, measurements and terminology
REFRESHMENTS
How Refineries Work
- The refining industry: humble beginnings
- Today’s major refining steps: separation, conversion, purification (SCP)
- Nelson Index: Simple to highly complex refineries
- Today’s global refining industry
Morning Quiz and Q&A
An Introduction to Refining Economics
- Key economic variables: inputs, outputs, expenses
- The Utopia Refinery – example refinery profit analysis
- Crude assays and crack spreads: tools to manage & measure profitability
- Key refining issues: challenges facing an aging industry
LUNCH
Afternoon
Introduction to Natural Gas Processing
- Types of natural gas: NGLs, LPGs and condensates
- Natural gas reserves, production and consumption
- Natural gas trade: pipelines and LNG
- Natural gas processing: gas conditioning and treatment, NGLs recovery
Making Petrochemical Building Blocks
- Steam cracking explained
- Cracker feedstocks and co-products
- Petrochemicals from the refinery: FCC and catalytic reforming
- Other processes: propane dehydrogenation, metathesis, dimerization
REFRESHMENTS
Synthesis Gas Routes to Petrochemicals
- Processes to make synthesis gas
- Conversion of synthesis gas to methanol, ammonia, olefins
- Gas to liquids via Fischer-Tropsch
Coal and Petrochemicals
- Background to coal-based petrochemicals
- Coal gasification explained
- Coal to chemicals: examples in the US and China
- Concept of coal polygeneration
Review and Quiz
Future Routes to Petrochemicals
- Bioethanol to make ethylene and PE
- Other bioprocesses to petrochemicals
End of seminar
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Amy Claxton
Amy Claxton, P.E. is a registered professional Chemical Engineer and owns a consulting company called My Energy.
Her clients include publicly traded and privately held oil, gas, lube and wax companies... read more
Peter Taffe
Peter Taffe, a chemical engineering graduate from the University of Leeds in Britain, has over 30 years of experience in technical and business publishing as well as industrial public relations. Peter has been... read more
Mark Brumbaugh
Mark Brumbaugh, registered professional engineer, started his professional career with Exxon in 1973 at the Baytown refinery in the US.
He held various technical, supervisory and management positions... read more
Read more about our course leaders.
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- Personnel with some experience of petrochemicals and attendees of our Petrochemicals I and II courses
- Non-technical personnel working in sales, marketing, purchasing and other business positions in the petrochemical sector
- Purchasers of petrochemical-based products or manufacturers of finished products who buy raw materials sourced from the petrochemical industry
- Service providers including logistics companies
- Analysts and researchers in the financial community
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