South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
Wedoany.com Report-Aug. 28, South Korea’s petrochemical industry, facing an oversupply, is undergoing significant restructuring, with analysts predicting closures or mergers of small and standalone naphtha crackers. This overhaul aims to reduce surplus production and improve profitability, impacting the country’s naphtha demand, as South Korea is the world’s largest importer of this fuel after China and Japan.
Indian Oil Corp to Build $7.1-B Dual-Feed Cracker in Odisha State
Wedoany.com Report-Apr. 10, Indian Oil Corporation Ltd. (IndianOil) has announced plans to construct a 1.5-million-metric-tonne-per-year dual-feed naphtha cracker near its Paradip refinery in Odisha, ...
Asia Naphtha Supply Expected To Remain Tight Over Next Two Years
Wedoany.com Report-Nov 18,Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises, indu...
Qatarenergy Signs 20-Year Naphtha Supply Deal with Shell
Wedoany.com Report-Oct 09,QatarEnergy has entered into a long-term naphtha supply agreement with Shell (SHEL.L), opens new tab, supplying up to 18 million metric tons of naphtha to the London-listed c...