Tag Archives | naphtha

india.jpg

Budget blues

With the budget offering little to the chemicals industry it is time to pile on to the rural rickshaw and hope for a trickle down efect from the enhanced spending that the government has planned in this part of India. Photo by BriceFR This is entirely possible. More money in the hands of the rural […]

Continue Reading

Empty promises

The 100-day fever is fast spreading and the Ministry of Chemicals & Fertilisers is the latest casualty. A very bland press release outlining what the ministry plans to achieve over the next three months has come my way. I started reading the release with a great deal of scepticism and was convinced at the end […]

Continue Reading

Let’s talk about demand

The Indian government is reportedly planning a stimulus package for chemicals. But I don’t think this can be called a stimulus package as the proposals seem to be mainly about tariff reduction. The department of chemicals and petrochemicals is once again seeking a reduction on the 5% duty on naphtha that was introduced in last […]

Continue Reading

Naphtha is back in fashion

A steep drop in petrochemicals demand had dragged down naphtha prices in the last two months. But low prices have stinulated demand, not only from crackers but also from fertiliser and power plants. With naphtha below $300/tonne, some Indian fertiliser and power plants are moving away from liquefied natural gas (LNG), says this report. Imports […]

Continue Reading

Govt approves Tata’s CTL project

The Tatas are set to launch India‚Äôs first $8bn coal-to-liquid (CTL) project. The project, a joint venture with Sasol, is said to have received government clearance. The Tatas have sought access to 30m tonnes/year of coal to produce 3m bbls of oil. The project would be based on Fischer Tropsch technology that will convert syngas […]

Continue Reading

Plans for pet coke

Reliance Industries is known for optimising value. It is now reported to be looking at utilising the petroleum coke from its Jamnagar refineries for production of synthetic fuel such as diesel and naphtha. A report in the Business Line talks of the company looking at setting up a plant with a daily processing capacity of […]

Continue Reading