Wednesday, November 17, 2010

Chinese will compete for naphtha cargoes with South Korean petrochemical makers

China turned into a net importer of naphtha last year following an increase in the number of petrochemical plants. In 2009, China was net short of nearly 1.8 mln tons of naphtha, and up to January-Sepptember 2010, it was net short of close to 1.

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