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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 ...
On Wednesday, government officials announced that ten South Korean petrochemical companies have reached an agreement to restructure their operations. This will involve significant reductions in their ...
The petrochemical industry, which is already grappling with three major challenges—oversupply from China, an industry ...
The shortage of pay-as-you-throw trash bags made the majority of the public aware of the existence of naphtha. A ...
Three sources familiar with the situation and with shipping data say that Singapore's Bukom refinery exported its first cargo of naphtha in years, following an extended outage at their cracker. More ...
South Korea is urging its struggling petrochemicals sector to slash excess capacity and restructure operations amid a global glut that has depressed petrochemicals margins and threatened the industry ...
Lotte Chemical and HD Hyundai Chemical agreed to combine part of their naphtha-cracking facilities as South Korea’s top petrochemicals producers respond to a prolonged oversupply and weakening margins ...
Low-carbon future plans frequently overlook strategies to address corresponding supply shortfalls for two key refinery-sourced products critical to achieving a sustainable energy transition: naphtha ...
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