NAPHTHA
Naphtha is a highly versatile commodity. It is an important input for the petrochemical industry. It is blended into gasoline. It’s also widely used as a diluent.
We source, trade and transport naphtha and condensates for use mainly by the petrochemical industry.
Refineries are the main naphtha suppliers. Most of the traded market in naphtha comes from less integrated refineries. The more integrated refineries both produce naphtha and use it as a input for petrochemical and gasoline uses.
Geographically, the Middle East is by far the biggest source. The Mediterranean, India, Africa and South America are also net suppliers. The major consuming countries usually have substantial petrochemical interests. Japan, Korea and Taiwan are major importers.