Owing to the curtailment in naphtha cracker runs in by Asian petrochem firms, the demand for naphtha has deeply weakened. This situation has led to India's state-owned Bharat Petroleum Corp Ltd (BPCL)) to withdraw offers to vend two 30,000 ton parcels (total 60,000 tons) due to non viable bids.
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Monday, November 03, 2008
India's BPCL withdraws two naphtha offers on non viable bids
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