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  News for Naphtha

  • Business

Chemicals: Remove customs duty on LNG, Naphtha

Indian chemical industry has an output of around USD 80 billion and ranks 12th in the world. The chemical industry which includes basic chemicals and its products, petrochemicals fertilizers,......

Transportation costs of petrochemicals may go up

Budget provisionThe following changes in the duties have been proposed in the Union budget 2009-10:Excise duty on naphtha to be reduced to 14%.Excise duty on PTA and DMT to be increased from 4% to......

Chlor alkali: Select few will benefit

Some chlor alkali producers using naphtha as feedstock for captive power plant will benefit from cut in the excise duty on naphtha from 16% to 14%.Budget provisionsThe following changes in the......

Chemical sector seeks a slew of sops

Hike import duty on finished products; Rationalize excise Duty on Molasses to 8% ad valorem or Rs. 375/PMT and on Naphtha to 8%, cut corporate tax to 25%, service tax to 5%.Current statusChemical......

Extend tax holiday to refineries, govt told

Extend tax holiday for refineries in private sectors, reduce excise duty on Naphtha from 16%, exempt excise duty for captive consumption of intermediate products within the refinery for manufacture......

  People speak for naphtha

  • QNA
azam khan
Q. When did the Petroleum Industry begin ?
Azam Khan:  A.  more

http://qna.rediff.com/questions-and-answers/when-did-the-petroleum-industry-begin-/28005064/answers/

amitava duttamajumdar
Q. Who was the first to utilized petroleum (largely available in middle east) to run an engine?
Amitava Duttamajumdar:  A. BY EARLY NINTH CENTURY By the early ninth century, the Abbasid caliph in Baghdad had appointed an "oil czar" (wali al-naft) in every...... more

http://qna.rediff.com/questions-and-answers/who-was-the-first-to-utilized-petroleum-largely-available-in/28004912/answers/28005081

right sense
Q. who discovered oil or petrol ?
Right Sense:  A. The famous tenth-century Muslim historian al-Mas'udi wrote about the oil fields in Muslim lands. He used the word atam to describe a burning well....... more

http://qna.rediff.com/questions-and-answers/who-discovered-oil-or-petrol-/22561196/answers/28004925

onlytruth
Q. Kerosene was first produced by whom ?
Onlytruth:  A. The earliest known oil wells were drilled in China in 347 CE or earlier. They had depths of up to about 800 feet (240 m) and were drilled using...... more

http://qna.rediff.com/questions-and-answers/kerosene-was-first-produced-by-whom-/22498897/answers/22561207

humtum
Q. In which state . India's largest Naphtha Cracker Plant was inaugurated by Union Petroleum Minister in February 2011 ?
Humtum:  A. The process of distilling crude oil/petroleum into kerosene, as well as other hydrocarbon compounds, was first written about in the 9th century by...... more

http://qna.rediff.com/questions-and-answers/in-which-state-.-indias-largest-naphtha-cracker-plant-was-in/21381046/answers/22498952

  Web results for Naphtha
Taiwan's Formosa buys more than ususal naphtha for H1 March

Taiwan's Formosa Petrochemical Corp has bought close to 200,000 tons of open-spec naphtha for H1-March arrival at Mailiao, more than its usual... ...

http://www.plastemart.com/plastic-facts-information.asp?news_id=26600&news=Taiwans-Formosa-buys-more-than-ususal-naphtha-for-H1-March
highest premium on naphtha in Asia between two months in 5-1/2 months

Asia's naphtha price for front-month first-half March over first-half April rose for the fourth straight session at the end of last week to reach... ...

http://www.plastemart.com/plastic-facts-information.asp?news_id=26590&news=Supplies-tighten-highest-premium-on-naphtha-in-Asia-between-two-months-in-512-months
Downtrend in ethylene prices in Asia as cracker output increases

In Asia, the ethylene market is seen tracking a downward trend this week contrary to the gradual increases in spot propylene prices, according to... ...

http://www.plastemart.com/plastic-facts-information.asp?news_id=26589&news=Downtrend-in-ethylene-prices-in-Asia-as-cracker-output-increases
Oil's slide triggers LNG drop as Indian demand seen rising

India's domestic energy prices are regulated, which limits LNG imports at higher prices. About 42% of its purchases are spot and short-term deals,... ...

http://www.livemint.com/Money/lHLKQhyUumLgRnbOr1BFnK/Oils-slide-triggers-LNG-drop-as-Indian-demand-seen-rising.html
A weak quarter, as expected

Reliance Industries Rating: neutral RIL reported its first drop in both quarter-on-quarter and year-on-year earnings since Q3FY12, in line with... ...

http://www.financialexpress.com/article/markets/indian-markets/reliance-industries-a-weak-quarter-as-expected/34938/

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