Naphtha
To make up for shortfall, India's HPL turns to Oman naphtha
Medium-range tanker Rarity loaded about 23,000 metric tons (201,000 bbl) of naphtha for HPL late-March and discharged at the Haldia terminal on April 13.
Japan's ethylene plant run rate hits record low of 68.6% in March
Japan has 12 ethylene plants that crack naphtha, a crude oil byproduct, into basic chemicals such as ethylene and propylene, which are used to make intermediates like resins for a wide range of end products.
Venezuela's refineries down to 31% of crude processing capacity
The South American country has increased oil output and exports since it agreed to a flagship supply pact with the U.S. government in January, but limited power service, outages and need for major repairs and maintenance are creating obstacles to recovering refining operations.
Japan to boost intermediate chemical imports amid tighter naphtha supply
About 40% of domestic naphtha consumption is met by domestic production, with another 40% sourced from the Middle East and 20% from other regions, but the war in the Middle East has made imports from that region difficult.
U.S. naphtha exports surge to record high on Japanese, Venezuelan buying
South Korea's LG Chem to import Russian naphtha
The country's Industry Ministry had earlier confirmed the shipment, including its size, but did not disclose the importing company's name.
Iran war chokes petrochemical supply, sends plastic prices soaring
About $20 B–$25 B worth of petrochemical products pass through the Strait annually, underscoring the fact that continued disruptions to this flow would push producers to pass the higher costs on to consumers.
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- Emerson announces major advancements to AspenTech's Inmation OT Data Fabric 5/13
- UPM acquires bio-based MEG and MPG technologies from Avantium 5/13
- Synhelion fuels first construction machine with renewable diesel 5/13
- Vietnam state oil company urges U.S. Navy to allow tanker through blockade 5/13
- U.S. EIA concedes Middle East supply disruptions are far worse than prior estimates 5/13

