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5-Day Training Course

Understanding the Global Petrochemical Industry

Course Overview

Plastics and chemicals are truly the building blocks of contemporary civilization. Petrochemicals are used to produce thousands of everyday products, including plastics, medicines, cosmetics, furniture, appliances, electronics, prosthetic limbs, solar panels, and wind turbines.

This unique 5-day The Energy Training Centre training course is designed to help participants understand the value of petrochemicals, identify success factors that boost financial performance, and explore strategies for overcoming industry challenges.

In this Understanding the Global Petrochemical Industry training course, participants will learn to:

  • Understand basic refining operations and the business of petrochemicals

  • Identify the seven basic chemicals, the rearrangement of hydrocarbon chains, and how to measure conversion and yield in a refinery

  • Recognise the benefits and challenges of integrating refining with petrochemical production

  • Distinguish the petrochemical participation concept, including examples of strategies and business models used by IOCs, NOCs, and non-oil companies

  • Assess project management considerations, including technology selection, capital investment, and operating costs

  • Explore petrochemical innovations, industry challenges, and future trends

Course Objectives

By the end of the training course, participants will be able to:

  • Gain a broad, informed perspective of the global petrochemical industry

  • Enhance their understanding of petrochemical operations, refining, demand forecasting, contracts, pricing, distribution, and sales

  • Master the petrochemical value chain — from crude oil to finished plastics, polymers, and other synthetic materials used daily

  • Evaluate petrochemical markets, strategies, and business models

  • Confidently discuss technical terms, concepts, and industry trends with peers and clients

Training Methodology

This dynamic, highly interactive course encourages active participation through group discussions, practical exercises, case studies, quizzes, and short videos illustrating petrochemical operations, environmental and safety considerations. Real-world scenarios and workplace issues will be used to reinforce learning and skills.

Who Should Attend

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

Course Curriculum

  • 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
  • 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
  • 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
  • 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
  • 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?

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
Dubai, UAE
Dubai, UAE

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

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15+
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