Friday, April 13, 2012

Operators of naphtha fed crackers in Asia mull feedstock substitution by LPG

Asian petrochemical producers are mulling a feedstock switch from naphtha to LPG as naphtha prices hover at a near 10-month high and LPG prices fall, as per Platts. Naphtha is the main feedstock for ccracker operators in North and Southeast Asia, but switching to LPG -- propane and butane, as a cracking alternative becomes viable when it is priced 90% or less than naphtha, or when LPG is around US$50/mt cheaper than naphtha.

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