S Korea’s KPIC seeks 400,000t term naphtha

03 August 2010 11:06  [Source: ICIS news]

SINGAPORE (ICIS)--Korea Petrochemical Industry Co (KPIC) has tendered to buy nearly 400,000 tonnes of full-range naphtha for supply from October 2010 to December 2011, a company source said on Tuesday.

The term period would last five quarters and KPIC has requested three 25,000 tonne cargoes for delivery into Onsan every three months, he said.

The tender closes on 6 August, with offers to stay valid until 13 August, the source said.

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By: Felicia Loo

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