Despite high domestic prices, Japan’s petrochemical companies have been gradually moving to buy more naphtha feedstock from local refiners at the expense of imports. Reliance on domestically produced naphtha could rise to 40% this year, up from 35.5% in 1999 as ethylene producers grow wary of potential disruption of imported supplies. Higher refining throughput also…
JAPAN: Petrochemical industry increase dependence on domestically produced naphtha despite high pric
Posted on November 11, 2003 by EnergyAsia