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Methodology

Naphtha is a light product of crude oil refining mostly used as either feedstock for petrochemical cracking or gasoline reforming and blending. With the development in technologies, naphtha can also be produced from condensate splitting and gas-to-liquid processing.

In general, there are two main classes of naphtha – paraffinic naphtha and heavy naphtha. Paraffinic naphtha is rich in olefins and is suitable for olefin/polyolefin production. Heavy naphtha is mainly used for aromatic production and gasoline reforming. There are three main grades for paraffinic naphtha: light grade naphtha, full-range grade and open-spec grade.

ICIS pricing quotes naphtha Europe, Asia-Pacific and the US Gulf.

To find out more Naphtha Methodology November 2012