Naphtha

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.

Taiwan's CPC brings naphtha cracker online a week early

U.S. naphtha exports surge to record high on Japanese, Venezuelan buying

A flexible crude-to-chemicals and fuels technology

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.

South Korea enforces naphtha export ban amid Middle East supply disruptions

The move requires refiners to divert export volumes to the local market and give the government powers to order production and allocation of naphtha, a key petrochemical feedstock used in chips, autos, plastics and everyday goods.

Russia's Novatek to maximize naphtha exports in March amid Asia shortage

Rising production in Ust-Luga and easing ice conditions in the Baltic Sea will allow Novatek to boost naphtha exports to Asian markets, where supply challenges due to the Gulf conflict have sent prices to record highs.

Asia refining margins rocket to highest in nearly 4 years on Hormuz supply disruption