Brazil’s Asphalt Boom: 2025 Demand Set to Soar
Demand for asphalt in Brazil is forecast to remain robust in 2025, fueled by an ambitious slate of highway projects. The Ministry of Transportation has announced plans for 15 auctions, encompassing 7,000km of roadway projects across federal and state levels—up significantly from last year’s 10 auctions for 4,000km. This surge defies the usual trend of […]
India and Pakistan: Bitumen at a Crossroads
The bitumen market in the Indian subcontinent is a tale of two distinct yet interconnected narratives: India’s massive consumption driven by infrastructure needs and Pakistan’s evolving export dynamics. India: Growth Amid Financial Constraints India, the largest consumer of Middle Eastern-origin bitumen, has seen its annual consumption surpass 8 million tons in recent years. However, delayed […]
Turkey’s Top Refiner Tupras Locks in Over 500,000t Bitumen Sales for 2025
Turkey’s largest refiner, Tupras, has signed agreements for the supply of over 500,000 tons of bitumen in 2025, sourced from its Izmit and Izmir refineries. As reported by Argus media, These contracts, awarded through a tender process, attracted major international players, including Rubis Asphalt, Continental Bitumen (Colas), and Vitol, highlighting Tupras’ critical role in the […]
Spain’s Huelva Refinery Bitumen Supply Restricted
Bitumen production and supply from Spain’s 220,000 b/d Huelva refinery have faced significant constraints over the past month, with no signs of recovery in the near future. Market participants, as reported by Argus Media, attribute the slowdown to a change in the refinery’s crude slate, moving away from bitumen-rich grades. However, the refinery’s operator, Abu […]
