All articles tagged with #naphtha
Japan's Calbee will switch 14 flagship snack bags to monochrome by the end of May because of ink ingredient shortages tied to disruptions from the Strait of Hormuz/Iran conflict. The ink relies on naphtha, an oil derivative, and officials say naphtha supplies have been secured and alternative import routes are being used, illustrating ongoing cost and material-supply pressures for Japanese manufacturers.
Japan's Calbee will temporarily switch 14 popular snacks to black-and-white packaging because ink ingredients have been disrupted by the Iran war, with new packs rolling out in Japan from May 25 as naphtha prices rise and Middle East tensions affect global supply chains.
Russian energy company Novatek is expected to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks after a suspected drone attack disrupted naphtha flows to Asia. The incident has led to rising naphtha prices and refining margins in Asia, with Novatek likely to export more gas condensate instead of high-margin fuel via other terminals. The company's revenues could be affected, and Russia's military and government agencies are taking necessary measures following the suspected Ukrainian drone attack.