Quantcast
Last updated on April 16, 2014 at 17:34 EDT

Latest Naphtha Stories

2008-08-19 09:01:04

Korea National Oil Corporation has reported that consumption of petroleum products in South Korea in the first half 2008 reached 384.3 million barrels, a 3.9% decrease compared to the same period in 2007. The B-C oil consumption decrease in power generation sector led the overall decrease, despite the consumption increase of kerosene and propane fueled by a temporary tax cuts for winter season in the first quarter of 2008. Daily petroleum consumption reached 2.11 million barrels per day....

2008-08-06 18:00:28

Tokyo, Aug. 6 (Jiji Press)--Four of Japan's five major chemical companies suffered recurring profit declines in April-June due to the soaring price of naphtha, a key raw material for petrochemical products. Sumitomo Chemical Co.'s petrochemical division incurred an operating loss as it failed to pass rising costs on to clients in a timely manner. Asahi Kasei Corp.'s operating profit in the chemicals division almost halved on the back of skyrocketing prices of raw materials and the yen's...

2008-07-25 18:00:47

Tokyo, July 25 (Jiji Press)--Japanese chemical maker are scaling down their production as their profitability has been falling rapidly due to faster-than-expected rises in the prices of naphtha, a basic material for petrochemical products. Industry leader Mitsubishi Chemical Corp. has decided to postpone the launch of the operation of its new polycarbonate resin plant in Kitakyushu, Fukuoka Prefecture, southwestern Japan. The plant, which has an annual output capacity of 60,000 tons, was...

2008-07-19 06:00:28

Global Investment House Kuwait Advanced Propylene Company Initial Research Report-Advanced Polypropylene Company (APPC) was established as a joint stock company in the Kingdom of Saudi Arabia on 1st October 2005. The principle activity of the Company is the manufacturing of Polypropylene. The Company has marked 2006 as its first financial year. The petrochemical plant of the Company is vertically integrated, which utilizes all production of propylene to make polypropylene (PP). We...

2008-07-12 18:00:22

PLANS to build a new pounds 2bn oil refinery on Teesside are well on course. Howard Simons, technical director of Sonhoe Energy UK, gave an update on his company's project - the biggest of its kind in Europe for more than a decade - when he addressed about 200 North East business leaders at Middlesbrough's Riverside Stadium. The plant is expected to create hundreds of construction jobs over three to four years, with the prospect of up to 2,000 direct hire and outsourced jobs at the...

2008-07-10 12:01:05

UOP LLC, a Honeywell (NYSE: HON) company, announced today that PetroChina Sichuan Petrochemical Co., Ltd., a subsidiary of the PetroChina Company Limited, has selected UOP to supply technology, basic engineering services and equipment for a new integrated refining and petrochemicals complex to be installed at its facility near Chengdu, Sichuan Province. Engineering design is currently in progress. "This project is a true collaboration between PetroChina and UOP and will be one of the...

2008-07-09 09:00:54

Researched by Industrial Info Resources (Sugar Land, Texas) -- In the first weekend of July, the Ipiranga refinery in Rio Grande do Sul, Brazil, began to decrease the refinery's processing capacity. The decision was made by refinery's directors, who cited the high price of crude oil costs they have been facing for a while. In Brazil, the price of derivate products, such as diesel, naphtha, liquefied petroleum gas and fuel oil, are not keeping pace with the increasing price of crude oil,...

2008-06-16 09:01:05

Independent Swiss oil refiner Petroplus Holdings has announced that it continues to maintain limited processing capabilities at its BRC refinery in Antwerp, Belgium, following the fire that occurred on June 9, 2008. Assessments are continuing to determine the extent of the damage on the visbreaker unit. The refinery is currently running unaffected units which include the naphtha and distillate hydrotreaters, the catalytic reformer, the isomerization unit and the liquefied petroleum gas...

2008-02-07 03:00:28

By Stratiev, Dicho Dinkov, Rosen; Kirilov, Kiril; Petkov, Krasimir An investigation of 28 crude samples from Russia, FSU countries, the Middle East, North Africa, and Bulgaria showed that the crude true boiling point (TBP), or ASTM D-86 distillation, density, and sulfur content, along with the Riazi's property distribution model and known correlations, can determine the physical and chemical properties of each 1% narrow cut of the crude. The samples have densities (d^sub 4^^sup 20^) of...

2007-04-18 09:00:35

TRIPOLI, Libya and MIDLAND, Mich., April 18 /PRNewswire-FirstCall/ -- National Oil Corporation of Libya (NOC) and The Dow Chemical Company have announced plans to participate in a joint venture to operate and expand the Ras Lanuf petrochemical complex in Libya. The Country (Libya) recently embarked on a policy of attracting foreign expertise and investments which will lead to further reintegration into the global economy. Dow is the first global chemical company to participate in such...