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.

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, ...

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...

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...