Asian naphtha heads down as Japanese demand falters

PITCHES, JO; MARTIN, SHEENA; Loo, Felicia; Dillon, Tony
April 2011
ICIS Chemical Business;4/4/2011, Vol. 279 Issue 12, p24
Trade Publication
The article presents an update on the international naphtha market. It is said that despite Japan's JX Nippon resuming production at its cracker, Asian naphtha prices are expected to fall. On March 29, 2011, JX restarted the 460,000 tonne/year naphtha cracker in Kawasaki, Japan. Taiwan-based Formosa Petrochemical Corp.'s brief snag at one of its crackers could cause fall in outright naphtha prices.


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