Naphtha
India BPCL revises naphtha export pricing, adds Argus quotes
NEW DELHI/SINGAPORE (Reuters) -- India's state-run Bharat Petroleum Corp Ltd is revising the formula it uses to price naphtha exports to include the mean prices from Argus Media instead of only relying on S&P Global Platts, a tender document showed.
Global: The future growth of Argentina’s oil and gas industry hinges on additional investments
Attracting new investments is vital to revive the Argentine oil industry. It is essential to involve multinationals, due to the lack of financial resources of the Argentinian government. The modernization of the country’s downstream infrastructure is crucial to improve productivity, and the nation will need international support to obtain profitable results.
Improve energy efficiency with enhanced bundles in tubular heat exchangers
From 2008 to date, 45 twisted tube heat exchangers and bundles have been installed at BAYERNOIL refineries in different units and services, allowing higher heat recovery and contributing to BAYERNOIL’s energy targets.
Trafigura buys more naphtha; snaps up Reliance cargo
SINGAPORE (Reuters) -- European trader Trafigura has bought 55,000 t of naphtha from India's Reliance Industries for end-May loading from Sikka, adding to its unusually high purchases of the fuel from the Singapore cash market, traders said on Wednesday.
Japan March petchem naphtha imports rise 14% y/y
TOKYO (Reuters) -- Japan's naphtha imports for the petrochemical sector rose 14% in March from the same month a year earlier, government figures showed on Friday.
Asia naphtha demand fades as petchem firms snap up LPG
SINGAPORE (Reuters) -- Asian petrochemical makers are ramping up purchases of liquefied petroleum gas (LPG) to use as an alternative feedstock to naphtha, looking to snap up cheap cargoes as heating demand for LPG fades in the wake of winter.
Neste Jacobs, Coolbrook to develop new olefin cracking technology
Neste Jacobs, a technology, engineering and project management company and Coolbrook, a technology development company, are developing a new technology innovation in collaboration with University of Oxford's Osney Thermo Fluids laboratory, University of Cambridge's Whittle laboratory, and major chemical producers such as Dow Chemical as well as equipment manufacturers including MANTurbo. This innovation is based on hydrocarbon (e.g. Naphtha) cracking method, where ethylene, the core raw material for polyethylene is produced.
Driving innovation in the downstream: IRPC returns to New Delhi
Gulf Publishing Company and Hydrocarbon Processing are pleased to announce that IRPC 2017 will be held April 18–20 in New Delhi.
India's Reliance buys naphtha to feed growing domestic demand
SINGAPORE (Reuters) -- India's Reliance Industries has bought between 60,000 and 90,000 t of heavy full-range naphtha for March arrival to plug a supply gap due to its growing petrochemical capacity, industry sources with knowledge of the matter said on Tuesday.
Japan's Mitsubishi buys Iran naphtha cargo
TOKYO/SINGAPORE (Reuters) -- Japan's Mitsubishi Corp bought a naphtha cargo from Iran last month, the Asian country's first such purchase from Iran since October 2016, sources familiar with the matter said.
- Pakistan-China to sign MoU on oil-to-chemicals complex in June 5/17
- China biofuel makers bet on sustainable aviation fuel 5/17
- AMETEK Land provides thermal imagers to large ethylene producer 5/17
- China's refinery output falls for first time in 20 mos due to maintenance 5/17
- Dow, SCG Chemicals sign MoU to transform 200,000 tpy of plastic waste into circular products 5/17
- Ukraine long-range attacks continue to disrupt Russian refining, energy operations 5/17
