| 8:30 |
REGISTRATION + REFRESHMENTS
|
| 9:00 |
Welcome
|
| 9:15 |
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
Peter Taffe
, Intelligence Editor,
ICIS NEWS
|
| 10:00 |
Markets Part II - Methanol and ammonia markets dynamics
• Main derivatives and consumption drivers
• Regional issues and trends
Peter Taffe
, Intelligence Editor,
ICIS NEWS
|
| 10:45 |
REFRESHMENTS
|
| 11:00 |
Markets Part III - Aromatics
• Aromatics (benzene, toluene, paraxylene, orthoxylene)
• Consumption drivers, production and feedstock choice, trade
• Regional issues and trends
Alastair Hensman
, Marketing Manager - ChemSystems,
NEXANT LIMITED
|
| 12:00 |
Costs & Profitability Part I - Cost of Production
• Understanding cost of production
• Value vs cost vs price
• Profitability: margins, return on investment etc
Alastair Hensman
, Marketing Manager - ChemSystems,
NEXANT LIMITED
|
| 12:45 |
LUNCH
|
|
| 13:45 |
Syndicate Exercise
• An exercise to calculate the cost of production of ethylene and polyethylene
Alastair Hensman
, Marketing Manager - ChemSystems,
NEXANT LIMITED
|
| 15:00 |
REFRESHMENTS
|
| 15:15 |
Costs & Profitability Part II - Margins, spreads and profit
• Different measures of profitability
• Profitability within the value chain
• Competitiveness issues
Alastair Hensman
, Marketing Manager - ChemSystems,
NEXANT LIMITED
|
| 15:45 |
Petrochemical Pricing
• Price setting mechanisms
• Inter-regional prices and inter-material prices
• Future price influences (short term and long term factors)
Barbara Ortner
, Head of Price Quality Reporting,
ICIS PRICING
Alastair Hensman
, Marketing Manager - ChemSystems,
NEXANT LIMITED
|
| 16:45 |
Quiz/Review
|
| 17:15 |
End of Seminar
|
|
