By the end of this Refinery Integration and Adaptation training course, participants will learn to:
- Identify the scale of challenge
- Understand the technical & operational aspects integration/adaptations concept
- Analyse the various models adapted by successful refiners from around the world
- Improve on skills to build on current capabilities
- Develop economics of their current complexes
Who is this Training Course for?
- Planners
- Business Development Managers
- Corporate Planning Professionals
- Transportation and Urban Planners
- Energy Professionals
- Government Regulators
- Sales and Business Development Professionals
- Equity Analyst and Bankers
- Joint Venture Officers
Daily Agenda
Day 1: Reinventing the Refinery: The Old Model
- The fundamental working of a typical refinery
- Processes and fuels
- Scale of the sector
- Why it became such a big sector
- Some of the biggest complexes and their working
- Market capacity and demand centres
- Crude spreads and margins
- Traditional markets and their working dynamics
Day 2: Day Two:
- Refinery schedules
- Economy of fuels
- Capacities of refineries (Fuels)
- Future demand and consumption in various markets
- Economics of petrochemicals
- Pros and cons of the petrochemical market
- Complexities and logistics of integration vs non-integrations
Day 3: Commercial Strategies and Business Development
- Fluidised catalytic cracker
- Refinery flexibilites
- Advantage of feedstock and location
- Cost of integration
- CAPEX estimates
- Financial/Debt structure assumptions
- Forecasts in the market
- NPV / IRR / Valuation
- Polymers and their chemistry
- Poly ethylene and poly propylene
Day 4: Day Four:
- Economic drivers for base chemicals and polymers
- Risks of diversification
- Strategy development
- Forecasts and planning
- Regional optimization of capacity and utilization
- Sensitivity analysis of
- Oil cost
- Gas cost
- Catalyst cost
- Capacity utilization
- Economy of scale
Day 5: Environment and Sustainability
- Refinery and the changed model of green economy
- Green credentials
- Carbon auditing of refinery processes
- Carbon pricing and trading
- Carbon capture and utilization
- Blending
- Creation of sustainable fuels and chemicals
- Competition and strategy