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 […]
Global Energy Markets Struggle Amid Gas Price Surges, Supply Disruptions, and OPEC+ Uncertainty
European natural gas prices have jumped nearly 45% this year, driven by cold weather forecasts and U.S. sanctions on Gazprombank, a key Russian financial entity. Northwest Europe is experiencing its first notably cold winter since 2021, with temperatures below the 30-year average, causing gas inventories to drop to 87.7% of capacity. LNG (liquefied natural gas) […]
