Naphtha supply to tighten on lower refinery output
29.06.2020
MOSCOW (MRC) -- Naphtha output is forecast to stay tight into 2021 as destruction of fuel demand caused by COVID-19 curbs refinery throughput and caps supply of the dominant feedstock for ethylene production, according to Premasish Das, executive director at IHS Markit, said Chemweek.About 75% of naphtha, the feedstock for more than 40% of ethylene produced worldwide, comes from refineri