Algeria Set to Resume Bitumen Imports from Spain
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Algerian bitumen importers are preparing to restart imports from Spain, marking the end of a two-year halt on trade between the countries. The Algerian government recently lifted restrictions that were imposed in June 2022 after Spain publicly backed Morocco’s Western Sahara autonomy plan, leading to the suspension of a friendship treaty and halting bitumen shipments. […]
Bitumen Import Trends Diverge in Oceania; Australia Sees Decline, New Zealand Experiences Growth
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Australia’s bitumen import demand is expected to drop by 20% in 2024 due to prolonged funding challenges and a shortage of large road projects, Argus Media reports. Since the COVID-19 pandemic, road maintenance budgets have been reduced, with many local councils reallocating funds to other sectors like healthcare. As a result, bitumen consumption is forecast […]