Will Naphtha Keep Cracking?

29 May 2015: Naphtha has been a key driver for the LR product trades.  Naphtha refers to a range of volatile and flammable liquids produced by the distillation of petroleum. The liquids have various uses, including as components of gasoline and kerosene. Naphtha is also widely used as a solvent. However, one of the key uses of naphtha is as a feedstock for the manufacture of olefins by the petrochemical industry. In this opinion piece we discuss some of the main trade flows and prospects that impact this important commodity for long-range product tankers. Download here