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Naphtha

S.Korea's Hanwha Total to raise LPG use in cracker after expansion

PENANG (Reuters) — South Korea’s Hanwha Total Petrochemical will use at least four times more LPG feedstock when it completes raising its cracker capacity by 30% to 1.4 MMtpy in 2019, said a top executive.

Idemitsu restarts Chiba naphtha cracker

TOKYO (Reuters) — Japan's Idemitsu Kosan said on Wednesday it restarted the 414,000 tpy Chiba naphtha cracker after works to increase its capacity to process propane were completed.

India HMEL may halt naphtha exports from 2021–2022

NEW DELHI (Reuters) — India's HPCL-Mittal Energy Ltd (HMEL), part-owned by steel tycoon L N Mittal, may halt naphtha exports from the 2021–2022 fiscal year when it starts its $3.1 B cracker, the chairman of Hindustan Petroleum Corp said.

S.Korea's KPIC shuts naphtha cracker due to unplanned flaring

SEOUL (Reuters) — South Korea’s Korea Petroleum Industries Co (KPIC) on Tuesday shut down its naphtha cracker due to an unplanned flaring incident, an industry source with direct knowledge of the matter said.

India's Reliance to boost profit, naphtha exports by using ethane

MUMBAI/SINGAPORE (Reuters) — India's Reliance Industries Ltd expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive said on Wednesday.

S.Korea's Hanwha Total says naphtha cracker shut after lightning strike

SEOUL (Reuters) — South Korea's Hanwha Total said on Monday its naphtha cracker in Daesan has been shut due to power outages caused by a lightning strike.

Asia's naphtha trapped in downward spiral as supply glut hits

SINGAPORE (Reuters) — Asia is being hit with a naphtha supply glut that could push the market down further, after spot prices in South Korea already flipped from premiums to discounts in late June for the first time since March.

Taiwan's Formosa buys naphtha using new price formula

SINGAPORE (Reuters) — Taiwan's Formosa Petrochemical Corp this week bought about 60 Mt of naphtha using a pricing formula uncommon in the region, two people familiar with the matter said on Friday.

India BPCL revises naphtha export pricing, adds Argus quotes

NEW DELHI/SINGAPORE (Reuters) -- India's state-run Bharat Petroleum Corp Ltd is revising the formula it uses to price naphtha exports to include the mean prices from Argus Media instead of only relying on S&P Global Platts, a tender document showed.

Trafigura buys more naphtha; snaps up Reliance cargo

SINGAPORE (Reuters) -- European trader Trafigura has bought 55,000 t of naphtha from India's Reliance Industries for end-May loading from Sikka, adding to its unusually high purchases of the fuel from the Singapore cash market, traders said on Wednesday.