Aromatic Insights: From Petroleum to Products
Agenda
1 hour – Introduction to Aromatics
- Understanding petrochemicals
- What are aromatic petrochemicals and how are they made
- Processes and links to upstream
- Value Chains for benzene, toluene and xylene
30 mins – Upstream
- Overview of oil refining and refined products industry
- Where aromatics are produced in refineries
- Overview of steam cracking and olefins industry
- Aromatics streams from crackers
- Crude oil, naphtha and gasoline pricing and influence on petrochemicals
1 hour – Markets, Pricing and Trade
- Liquid & global markets and how they function
- Price drivers and mechanisms
- Market dynamics: Demand and supply
- Global competitiveness
- ICIS price assessment explained – price reporting challenges; manipulation and liquid/illiquid market
1.5 – 2 hours – Derivatives Markets
- Main derivative markets – styrenics, polyesters, phenolics
- Market structures-from derivatives to downstream polymers
- End-use market applications
- Market dynamics and outlook
- Other markets in summary – including polyamides, isocyanates