Dow, BASF, 8over8 Collaborate on ‘Reducing Project Costs & Risk’ for US Petrochemical Projects

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23rd March 2016 will see Petrochemical Update launch its latest webinar, hosting petrochemical industry experts; - BASF, Dow Chemical & 8over8, in a discussion on how to supercharge petrochemical projects and reduce cost.

How to Reduce Petrochemical Project Costs & Minimize Risk Webinar

“This webinar will be an excellent tool for any Project Leaders who are looking for fresh, innovative ideas on how to minimize risks on their ongoing petrochemical project, and improve their overall front end planning strategy.”

23rd March 2016 will see Petrochemical Update launch its latest webinar, hosting petrochemical industry experts; - BASF, Dow Chemical & 8over8, in a discussion on how to supercharge petrochemical projects and reduce cost.

Those interested in listening to the complimentary webinar or webinar recordings can register online here.

An EY report researched the performance of 365 oil and gas megaprojects and found that 64% are facing cost overruns and 73% are reporting schedule delays.

Market volatility means that there is an urgent need to increase productivity and reduce CAPEX, so it is critical to analyse best practice in the sector. ‘How to Reduce Petrochemical Project Costs and Minimize Risk Webinar’ will do just that, by focusing upon front-end planning, reduction of project costs, implementation of lean principles into engineering and construction, through industry leading expertise.

The webinar will be begin in a Q&A format, moderated by John Fish of Ford Bacon and Davis, drawing upon an established and unique knowledge-base within the petrochemical marketplace. The webinar will subsequently seek to tap into the expert knowledge of the following speakers:

  • Steve Troxell, Global Construction & EHS Director, The Dow Chemical Company
  • Scott Brandenburg, P.E., Vice President Engineering and Maintenance, BASF
  • Jack Leahey, Global VP Sales & Services, 8over8

The above will provide answers to these pressing issues:

  • How petrochemical producer companies are making a concerted effort to change the project execution culture: construction driven vs. engineering driven projects
  • How best to approach advanced work packaging so your project is delivered on time, and within budget
  • Innovative software platforms that can be used to manage risk, and ensure projects run more cost effectively
  • How to harness a contracting strategy which can help you achieve your project objectives

Event Director of the upcoming Petrochemical Engineering & Construction Conference (PEC 2016) in New Orleans (7-8 June), Emily McMahon said, “This webinar will be an excellent tool for any Project Leaders who are looking for fresh, innovative ideas on how to minimise risks on their ongoing petrochemical project, and improve their overall front end planning strategy.”

The webinar will be a rich resource for large, medium and small projects alike, providing knowhow on failsafe’s that all companies should look toward, presenting common solutions and enabling companies to cross-examine and self-validate their own practice against the best in the industry.

This exciting interactive opportunity reflects the run-up to PEC 2016: the must-attend conference for those in the petrochemical sector, which harnesses the expertise of project executives representing over $140 billion of petrochemical investment.

Those interested in attending the complimentary webinar can register online here.

For more information about PEC 2016 and ‘How to Reduce Petrochemical Project Costs and Minimize Risk Webinar’ - please contact Emily McMahon at the following email: emily(at)petchemupdate(dot)com

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Emily McMahon
Petrochemical Update
+44 2073757196
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