Grand View Research has segmented the naphtha
market on the basis of application and region:
The forum promises to provide an excellent overview of condensate and naphtha
supply and trading patterns and refinery diversifications in the Middle East, US and Asia.
Besides, the new regulations grant the group full ownership of ethylene derived from naphtha
cracking in the complex, so the group will be able to secure ample supply of the material to produce PVC, ABS, PTA, PP, AE, etc.
Suez exports about 60,000 to 90,000 tonnes of naphtha
to Asia, so there will be an impact if we lose those cargoes for April," the trader said.
Almost one million metric tons of light and heavy naphtha
was exported by Iran this year which shows a 2.
Other OTC products which SGX clears on AsiaClear include Sub Bituminous Coal FOB Indonesia Swaps, FOB Singapore Naphtha
Swaps and FOB Korea Benzene Swaps.
, Aramco has delayed shipments from its Rabigh refinery by about five days, which traders said would help revive naphtha
sentiment that has been sagging for months because of weak demand from Taiwan.
The Laffan refinery is one of the world's largest condensate refineries, capable of producing 9,000 bpd of LPG, 60,000 bpd of naphtha
50,000 bpd of jet fuel, and 24,000 bpd of gas oil," he said outlining the downstream achievements of the country.
would be sourced from Indian Oil's Gujarat Refinery in western India and Panipat and Mathura Refineries in north.
Persistent tightness in the naphtha
market supported the premiums, traders said, adding the upcoming refinery maintenance in Saudi Arabia will crimp Middle Eastern supplies at a time when petrochemical units are running at full capacity.
Launching IOC's petrochemical brand ' Propel' on Wednesday, Bansal said that with the world- class naphtha
cracker complex going on stream at Panipat this year, the turnover from petrochemicals during this fiscal would be twice that of the ` 3,000 crore figure for 2009- 10.
PT Chandra Asri will likely team up with Arabian American Oil Company (Aramco) to build a US$1 billion oil refinery to produce naphtha
factory in the country.