Japan's Eneos Corp. has set its May Asian Contract Price for benzene at $1,130 per metric ton CFR Asia, marking a fourth straight monthly increase and the highest since July 2022, according to people ...
Lotte Chemical Titan Holding Bhd is temporarily closing a naphtha cracking plant, Naphtha Cracker Number 1, from Dec 15, 2024 ...
Technip Energies (PARIS:TE) has been awarded a significant(1) contract by Indian Oil Corporation Limited (IOCL) for the license, basic engineering design package, proprietary equipment and catalyst ...
The shortage of pay-as-you-throw trash bags made the majority of the public aware of the existence of naphtha. A petrochemical industry insider I spoke with recently said, "I can finally explain to my ...
The government’s final deadline for domestic petrochemical companies to submit business restructuring plans was the 31st, but Ulsan-based Daesan Petrochemical, SK Geo Centric, and S-Oil, as well as ...
As the government released a policy to speed up the shift to renewable energy such as solar power, grumbling is emerging in the petrochemical industry over the policy in it to convert naphtha cracking ...
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Naphtha shortages leading to petrochemical plants force majeures and record prices
By Ben Aris in Berlin Petrochemical producers across Asia have begun shutting down operations after disruptions to shipping through the Strait of Hormuz sharply reduced supplies of naphtha and ...
A recent OPIS survey shows that flexible crackers across Asia have been pivoting from naphtha toward higher LPG cracking activity, thanks to LPG's comparatively lower reliance on Middle Eastern supply ...
Technip Energies (PARIS:TE) has been awarded a significant (1) contract by Indian Oil Corporation Limited (IOCL) for the license, basic engineering design package, proprietary equipment and catalyst ...
South Korea's Hanwha TotalEnergies Petrochemical will continue operating its naphtha cracking center facility in Daesan to ensure stable petrochemicals supply, despite a force majeure declaration on ...
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