Dividing wall column (DWC) technology is becoming more widely accepted throughout the process industries as a means to increase efficiency and reduce capital and energy costs.
SEOUL (Reuters) — South Korea’s Korea Petroleum Industries Co (KPIC) on Tuesday shut down its naphtha cracker due to an unplanned flaring incident, an industry source with direct knowledge of the matter said.
MUMBAI/SINGAPORE (Reuters) — India's Reliance Industries Ltd expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive said on Wednesday.
SEOUL (Reuters) — South Korea's Hanwha Total said on Monday its naphtha cracker in Daesan has been shut due to power outages caused by a lightning strike.
SINGAPORE (Reuters) — Asia is being hit with a naphtha supply glut that could push the market down further, after spot prices in South Korea already flipped from premiums to discounts in late June for the first time since March.
SINGAPORE (Reuters) — Taiwan's Formosa Petrochemical Corp this week bought about 60 Mt of naphtha using a pricing formula uncommon in the region, two people familiar with the matter said on Friday.
Padmavathi, G.,
Jasra, R. V.,
Modi, M.,
Parmar, K. K., Reliance Industries Ltd.;
Dash, S. K., Pandit Deendayal Petroleum University
Olefins are major building blocks for petrochemicals. Due to their reactivity and versatility, there has been tremendous growth in the demand for olefins, especially for light olefins such as ethylene, propylene, butenes and 1,3-butadiene, etc.
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.
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.
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.