| 8:00 |
REGISTRATION & REFRESHMENTS
|
| 8:30 |
Welcome
|
| 8:45 |
Markets part I - market dynamics of the three main olefins
- Three primary olefins (ethylene, propylene, butadiene) and end uses
- Four bulk polymers - PE, PP, PS/EPS and PVC
- Consumption drivers, production and feedstock choice
- Regional issues and trends
|
| 10:00 |
Markets Part II: Methanol and Ammonia markets dynamics
- Main derivatives and consumption drivers
- Regional issues and trends
|
| 10:30 |
REFRESHMENT BREAK
|
| 10:45 |
Markets Part III: Aromatics
- Aromatics (benzene, toluene, paraxylene, orthoxylene)
- Consumption drivers, production and feedstock choice, trade
- Regional issues and trends
|
| 11:45 |
Petrochemical pricing
- Price setting mechanisms
- Inter-regional prices and inter-material prices
- Future price influences (short term and long term factors)
|
| 12:30 |
LUNCH
|
|
| 13:30 |
Costs & profitability 1 - Cost of Production
- Understanding cost of production
- Value vs cost vs price
- Profitability: margins, return on investment etc
|
| 14:30 |
Syndicate exercise
- An exercise to calculate the cost of production of ethylene and polyethylene
|
| 15:45 |
REFRESHMENT BREAK
|
| 16:00 |
Costs & profitability 2 - margins, spreads and profit
- Different measures of profitability
- Profitability within the value chain
- Competitiveness issues
|
| 16:30 |
Long term price forecasting
Jeff Plotkin, Vice President, Training & PERP Program, Nexant Inc.
|
| 17:00 |
End of seminar
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