Naphtha
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.
Japan March petchem naphtha imports rise 14% y/y
TOKYO (Reuters) -- Japan's naphtha imports for the petrochemical sector rose 14% in March from the same month a year earlier, government figures showed on Friday.
Asia naphtha demand fades as petchem firms snap up LPG
SINGAPORE (Reuters) -- Asian petrochemical makers are ramping up purchases of liquefied petroleum gas (LPG) to use as an alternative feedstock to naphtha, looking to snap up cheap cargoes as heating demand for LPG fades in the wake of winter.
Neste Jacobs, Coolbrook to develop new olefin cracking technology
Neste Jacobs, a technology, engineering and project management company and Coolbrook, a technology development company, are developing a new technology innovation in collaboration with University of Oxford's Osney Thermo Fluids laboratory, University of Cambridge's Whittle laboratory, and major chemical producers such as Dow Chemical as well as equipment manufacturers including MANTurbo. This innovation is based on hydrocarbon (e.g. Naphtha) cracking method, where ethylene, the core raw material for polyethylene is produced.
India's Reliance buys naphtha to feed growing domestic demand
SINGAPORE (Reuters) -- India's Reliance Industries has bought between 60,000 and 90,000 t of heavy full-range naphtha for March arrival to plug a supply gap due to its growing petrochemical capacity, industry sources with knowledge of the matter said on Tuesday.
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