Bitumen for sale
Large bitumen refineries in Iran produce bitumen for sale under the latest technologies in the world.
Their products are always among the highest quality bitumen in the world so that it meets the standard requirements of all countries.
Generally, large companies producing bitumen for sale have the necessary capacities and facilities to produce
and supply bitumen by bulk, barrel, bag, and bituminous methods and have the possibility to deliver the bitumen
at the project site or any place according to the large traders and contractors’ taste.
Moreover, Iran’s main refineries are oriented towards improving production processes and reducing the production
of heavy products such as fuel oil and producing lighter and more value-added materials
so that we predict that in the next five to six years, with the implementation of these projects,
Iran’s bitumen production process will have significant growth and the establishment of international
strategic partnerships between producers, consumers, and traders to supply the bitumen for sale and the
change of supply contracts to long-term strategic contracts is one of the main features of the bitumen market.
According to studies and forecasts on the economic future of the world
the highest GDP growth by 2050 is in the Asian region, and among the top 5 economies in the world in 2050,
Besides, we expect 4 Asian countries to be present. According to this, China with 27 million tons of bitumen consumption
in 2015 has always been the largest market for bitumen consumption in the world,
which supplies 4.7 million tons of this amount, which is equivalent to 17.2% of the total consumption,
through imports. According to the Chinese government’s economic development plans,
very large infrastructure projects, especially in the area of highways and local access roads
have been defined in the country
so that we expect the consumption of bitumen in the country will reach more than 30 million tons per year in the next 5 years.
Bitumen for sale in Ethiopia:
According to the Ethiopian Central Bank, imports of petrochemical products,
a significant portion of which is bitumen,
increased from 11 percent in the fiscal year 2016 to 2017 to 16 percent in the fiscal year 2018-2019.
are the most important advantages of Iran in the global bitumen market in general and Ethiopia in particular.
Proximity to East Africa is one of the important and effective geographical features that has strengthened
Iran’s base in this market and has made the country one of the most prominent
producers and exporters of bitumen in African markets.