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Pakistan to build first ever naphtha cracker

Related Keywords: convert naphtha into various by products, ethylene, include a Naphtha Cracker Complex, NCC, Pakistan planning to build first state-of-the-art grand petrochemical complex, produce textiles, propylene, raw material feedstock, various other consumer products

Pakistan is planning to build the country’s first state-of-the-art grand petrochemical complex which would include a Naphtha Cracker Complex (NCC), which will convert naphtha into various by products like ethylene and propylene, which are raw material feedstock to produce textiles and various other consumer products.

The announcement for setting up the naphtha cracker came up after a meeting of a delegation from Pakistan Chemical Manufacturing Association (PCMA) and federal minister for planning, development and reforms.

US cotton likely to be hit by Turkish decision on imposing duty

Related Keywords: American cotton growers, into Turkish steel exports, NCC, reckless policy, retaliation against US investigation, stockpiles, Turkey imposing three percent duty, Turkish government, US cotton exporters

Turkey is imposing the U.S. cotton exporters with a three percent duty as retaliation against a U.S. investigation into Turkish steel exports. The final decision of the Turkish government on its anti-dumping investigation of U.S. cotton was released.

Based on assertions that U.S. cotton was dumped into Turkey injuring the domestic fiber market — which the National Cotton Council (NCC) steadfastly challenged — a three percent CIF (cost, insurance and freight) duty has been imposed on all U.S. cotton fiber imports into Turkey, effective immediately.

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