naphtha

It posted images showing the blaze still raging Saturday, likely fueled by the naphtha on board.

The oil can replace fossil ingredients like naphtha and gases to manufacture ethylene and propylene.

The fire damaged two giant storage tanks for naphtha, a component in the production of gasoline and jet fuels.

According to the company, a storage tank at the facility released naphtha — a partially refined product used as feed stock to make gasoline — and a fire ignited shortly before 7 a.m.

"We are seeing a shift towards higher middle distillates yields like jet fuel and gasoil ... also seeing rebalancing of naphtha and gasoline into petrochemicals feedstocks."