Naphtha is a volatile liquid flammable solvent, which is used in dry cleaning as cleaning agent, cigarette lighters, and portable camping stove and lantern fuels. Since it’s a solvent, it is used to dissolve other substances, and so it can be used to clean metal. The liquids, which differ slightly in their chemical structures and boiling points, have various applications in the refining process – the main one as a feedstock for gasoline and the manufacture of olefins by the petrochemical industry. Responding to its different usages, there is a huge demand of Naphtha in the market.
Earlier Naphtha was also being used as a major resource for power engines in 80s. Since it is made from distilling petroleum, it looks like gasoline and is a component of kerosene. Naphtha is also used to dilute heavy oils to help move through pipelines, to make high-octane gas, to make lighter fluid, and even to clean metal.
Ubar Bright Projects integrates all the elements of competitive pricing, logistics, storage and product optimization. We are involved with and intuitively responsive to the supply and demand dynamics of our customers’ needs. We move physical commodities from where they are plentiful to where they are most needed – reliably, efficiently and responsibly.
We focus on building long-term relationships and make a point of working with our customers to meet their changing needs. Our product coverage allows us to take advantage of naphtha’s high substitutability. We monitor relative pricing and shifting demand patterns from petrochemical companies. Close working relationships with our gasoline traders and the LPG desk allow us to assess relative pricing for different products and grades.