TITLE

Asian naphtha price slump likely to end

PUB. DATE
December 2006
SOURCE
Chemical Business;Dec2006, Vol. 20 Issue 12, p70
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the possible end of the four-month decline in Asian prices of naphtha as demand from petrochemical companies in South Korea increases. The expansion of the ethylene capacity of Yeochun NCC and an increase in imports of GS Caltex Corp. to run a naphtha splitter may also ease the price decline of naphtha.
ACCESSION #
23789181

 

Related Articles

  • Ethylene supply healthy in 2007. Darni, Nurul // ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p38 

    The article offers projections related to international chemical markets. Fewer Asian cracker turnarounds and expansions in 2007 may tip the balance in favour of buyers as ethylene export supplies increase, while naphtha may see stronger demand. South Korea's largest naphtha cracker operator,...

  • Ethylene prices set to decline.  // Chemical Business;Mar2007, Vol. 21 Issue 3, p87 

    The article reports that Asian prices of ethylene may extend losses as South Korea and Taiwan boost supplies. Ethylene is an oil-based chemical used to make plastics and synthetic fibers. In the month ended March 2, 2007, ethylene fell 13 percent. Korea's ethylene maker Yeochun NCCCO, restarted...

  • YNCC to up ethylene output.  // Chemical Market Reporter;4/11/2005, Vol. 267 Issue 15, p12 

    Reports that Yeochun NCC plans to raise its ethylene production to two million metric tons per year from 1.46 million metric tons per year. Company's intention to implement a major revamp of its No. 1 naphtha cracker in South Korea by the end of 2006; Volume of ethylene that the company exports...

  • Contract talks have varied outcomes. BRICE, ANDY // ICIS Chemical Business;10/24/2011, Vol. 280 Issue 13, p12 

    The article offers information on several contracts for chemicals and their prices. It states that Yeochun NCC Co. Ltd. of South Korea has settled its butadiene (BD) contract at 3,179 dollars per tonne for October 2011, while the European October paraxylene (PX) contract has been delayed. It...

  • Asia naphtha poised to dip as regional supply abounds. LOO, FELICIA // ICIS Chemical Business;7/1/2013, Vol. 284 Issue 23, p25 

    The article focuses on Asian naphtha prices in June to June of 2013. It states that a regional supply glut and modest demand from crackers may result in a slide of Asian naphtha prices and mentions the spread of naphtha contacts between the first half of August and the first half of September...

  • Eyes focus on aromatics contracts.  // ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p40 

    The article reports on the petroleum chemicals markets around the world. Naphtha prices are between $650-655 per ton. In Europe, the bimonthly June-July 2007 ethylene contract has been agreed at €925 per ton. Propylene remains inactive in Europe. According to the author, rising inventories...

  • Margin pressure prompts further Asia cracker cuts. HWEE, PEH SOO // ICIS Chemical Business;6/4/2012, Vol. 281 Issue 20, p19 

    The article focuses on the possibility chemical plants in Asia may have to reduce production due to weakening derivative markets in 2012. It mentions naphtha producer Yeochun NCC (YNCC) said that negative profit margins have forced the company to cut production across its three naphtha crackers...

  • South Korean Petro Industry Strikes Get Serious. McPadden, Mike // Chemical Market Reporter;6/11/2001, Vol. 259 Issue 24, p14 

    Reports on the strike staged by petrochemical industry employees at South Korea's Hyosung Corp. and the Yeochun Naphtha Cracker Center (YNCC) in 2001. Reason for the Hyosung strike; Impact of the strike on the operation and finances of the companies; Result of the strike at YNCC.

  • South Korean naphtha giant set to take olefins lead. Tan, Steve; Gibson, Jane // ICIS Chemical Business;6/19/2006, Vol. 1 Issue 24, p37 

    The article offers information on the plans of Yeochun NCC, the largest naphtha cracker operator in South Korea, to expand its No. 1 cracker operation in Yeochun, South Korea. The company is set to become the country's largest olefins exporter once the expansion is completed. It plans to shut...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics