SUBSCRIBER NOTE: Platts proposes new USGC naphtha specifications

Subscriber note: Platts is proposing to update the defined specifications for its US Gulf Coast heavy naphtha and naphtha assessments. These specifications are being reviewed following discussions with the industry on the impact of lighter shale crudes on the domestic reformer-feed naphtha market. Based on the feedback, the following specifications are being proposed for both heavy and standard naphtha assessments effective July 1, 2013. Please send comments and questions by May 31, 2013 to americas_products@platts.com with a CC to pricegroup@platts.com

Heavy Naphtha Naphtha N+A: min 38% vol. N+A: min 38% vol. IBP: min 160F IBP: min 110F 10%: min 175F 10%: max 175F FBP: max 395F FBP: max 395F API: max 58 API: max 63 Sulfur: max 350 ppm Sulfur: max 350 ppm Color: min +20 Color: min +20 RVP: max 3.5 psi RVP: max 6 psi Nitrogen: max 3 ppm Nitrogen: max 3 ppm Lead: max 50 ppb Lead: max 50 ppb Oxy: max 50 ppm Oxy: max 50 ppm Chloride: 1 ppm max Chloride: 1 ppm max Olefin: max 1% Olefin: max 1% H2S: 1ppm liquids H2S: 1 ppm liquids