Petrochemical Process Economics Training Course

Intermediate engineering economics for building cost, cash-flow, sensitivity, scenario, and decision evidence for petrochemical processes.
Petrochemical Process Economics Training Course

At a glance

Duration
1 Week
Format
Classroom
Cities
Langkawi, Sharm El-Sheikh, Singapore, Amman, Abu Dhabi, Kuala Lumpur and more
Next session
8 – 12 November 2026, Langkawi
Average fee
7,500 €

Overview

Petrochemical Process Economics and Cost Evaluation Course is a one-week intermediate course for process engineers, cost engineers, project analysts, commercial specialists, and operations planners who need a Process Economics Decision Pack. Participants connect process basis, capacity, yield, feedstock, utilities, capital and operating costs with cash flow, time value of money, NPV, IRR, payback, break-even, sensitivity, scenarios, and uncertainty. The course supports structured comparison without granting investment approval authority or financial advice. Agile Leaders Training Center delivers this petrochemical process economics course.

Who Should Attend

  • Process engineers responsible for capacity, yield, utility, and alternative assumptions
  • Cost engineers developing capital and operating cost evidence
  • Project analysts building cash-flow and economic comparison models
  • Commercial specialists testing feedstock, product, and margin assumptions
  • Operations planners evaluating utilization, losses, and cost drivers

The course assumes participants can use spreadsheets and interpret basic process and financial data; investment approval, accounting policy, financing advice, and final estimate authorization remain outside the course.

Departments and Industries

The course supports petrochemical complexes, chemical manufacturing, refining interfaces, polymers, fertilizers, industrial gases, and engineering projects.

  • Process engineering and technology
  • Cost engineering and estimating
  • Project development and investment analysis
  • Operations planning and performance
  • Commercial strategy and technical procurement

Learning Objectives

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

  • Build a process-economic basis from capacity, yield, feedstock, and utility assumptions
  • Analyze capital, operating, fixed, variable, and unit production costs
  • Apply time-value-of-money logic to cash-flow models
  • Evaluate NPV, IRR, payback, and break-even results
  • Compare sensitivity, scenario, and uncertainty effects
  • Create a Process Economics Decision Pack with assumptions and review boundaries

Course Agenda

Day 1: Process and Economic Basis

  • Process Boundary and Product Basis Definition Sheet
  • Capacity, Utilization, Yield, and Loss Assumption Register
  • Feedstock, Product, Byproduct, and Utility Balance Map
  • Cost Estimate Classification and Scope Definition Matrix
  • Economic Evaluation Boundary and Responsibility Register

Day 2: Capital and Operating Cost Structure

  • Equipment and Installation Capital Cost Build-Up Method
  • Capacity Scaling and Location Adjustment Worksheet
  • Feedstock and Utility Operating Cost Model
  • Fixed, Variable, Maintenance, and Overhead Cost Matrix
  • Unit Production Cost and Cost-Driver Analysis

Day 3: Cash Flow and Economic Indicators

  • Project Cash-Flow Timeline and Model Structure
  • Time Value of Money and Discounting Worksheet
  • NPV and IRR Calculation and Interpretation Method
  • Payback Period and Break-Even Volume Analysis
  • Model Integrity and Assumption Traceability Checklist

Day 4: Sensitivity, Scenarios, and Uncertainty

  • Feedstock, Product Price, and Utility Sensitivity Table
  • Capacity, Yield, and Availability Scenario Matrix
  • Capital and Operating Cost Range Analysis
  • Uncertainty Driver and Correlation Review
  • Economic Comparison and Decision-Risk Register

Day 5: Alternative Evaluation and Decision Record

  • Exercise: Process Basis and Cost Estimate Review
  • Exercise: Capital and Operating Cost Model Build
  • Exercise: Cash Flow, NPV, IRR, and Payback Evaluation
  • Exercise: Sensitivity, Scenario, and Break-Even Comparison
  • Capstone Exercise: Process Economics Decision Pack

Practical Exercises

Suggested activities turn technical and cost assumptions into traceable economic comparisons.

  • Suggested activity: define a process and product economic basis
  • Suggested activity: build capital, operating, and unit-cost structures
  • Suggested activity: calculate cash-flow indicators and break-even conditions
  • Suggested activity: assemble a Process Economics Decision Pack

FAQs

Who should attend and what does the course assume?

The course suits process, cost, project, commercial, and operations personnel. It assumes spreadsheet ability and basic process and financial data interpretation.

How does this differ from product costing or project cost-control training?

It evaluates process alternatives by connecting technical assumptions to capital, operating, cash-flow, and uncertainty evidence rather than allocating accounting costs or controlling an approved project budget.

Does the course provide investment approval authority?

No. It develops structured analysis and documentation while approval and financial advice remain with authorized parties.

Which economic indicators are covered?

The course covers NPV, IRR, payback, break-even, unit production cost, sensitivity, scenarios, and uncertainty within a traceable model.

What will participants take back to work?

A Process Economics Decision Pack containing basis, cost, cash-flow, indicator, sensitivity, scenario, uncertainty, comparison, and review records.

Conclusion

Participants return able to connect petrochemical process assumptions with cost and cash-flow evidence, test uncertainty, compare alternatives, and document economic findings within defined authority boundaries.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

Showing 41-58 of 58 events
Image Location Dates Duration Mode Price Actions
Bangkok Bangkok Week 28, 2027
18 – 22 July 2027
1 Week Onsite €8,000
Rome Rome Week 30, 2027
26 – 30 July 2027
1 Week Onsite €6,500
San Diego San Diego Week 30, 2027
26 – 30 July 2027
1 Week Onsite €16,000
Munich Munich Week 32, 2027
9 – 13 August 2027
1 Week Onsite €6,500
Prague Prague Week 33, 2027
16 – 20 August 2027
1 Week Onsite €7,500
Phuket Phuket Week 33, 2027
22 – 26 August 2027
1 Week Onsite €8,000
Casablanca Casablanca Week 34, 2027
23 – 27 August 2027
1 Week Onsite €6,000
Vienna Vienna Week 35, 2027
30 August – 3 September 2027
1 Week Onsite €7,500
Trabzon Trabzon Week 35, 2027
5 – 9 September 2027
1 Week Onsite €8,000
Cairo Cairo Week 37, 2027
13 – 17 September 2027
1 Week Onsite €5,200
Tashkent Tashkent Week 37, 2027
19 – 23 September 2027
1 Week Onsite €8,000
Tokyo Tokyo Week 40, 2027
4 – 8 October 2027
1 Week Onsite €12,000
Tbilisi Tbilisi Week 40, 2027
4 – 8 October 2027
1 Week Onsite €5,700
Doha Doha Week 40, 2027
10 – 14 October 2027
1 Week Onsite €7,000
Toronto Toronto Week 41, 2027
17 – 21 October 2027
1 Week Onsite €16,000
Berlin Berlin Week 43, 2027
25 – 29 October 2027
1 Week Onsite €6,500
Geneva Geneva Week 43, 2027
31 October – 4 November 2027
1 Week Onsite €8,000
Accra Accra Week 44, 2027
7 – 11 November 2027
1 Week Onsite €6,000

Frequently asked questions

What does this course cover?

OverviewPetrochemical Process Economics and Cost Evaluation Course is a one-week intermediate course for process engineers, cost engineers, project analysts, commercial specialists, and operations planners who need a Process Economics Decision Pack. Participants connect process basis, capacity, yield, feedstock, utilities, capital and operating costs with…

Are training dates available?

Yes. Available dates and destinations are listed in the course dates section on this page.

How can I register?

Choose an available date on this page and complete the registration form, or send a programme enquiry.

Can I download the course brochure?

Yes. Use the brochure download link provided on this page.

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