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DYM Resources starts supplies for isopropyl alcohol for disinfection

The ongoing COVID-19 crisis increased demand for the disinfectant products since regular disinfection helps to limit the virus spread. Realizing the importance of the topic, DYM Resources is getting into the act: we added a new product IPA (isopropyl alcohol) into our chemicals segment. This is an essential step in helping to meet the global demand for hand sanitizers and surface disinfectants.

IPA is an inexpensive solvent used as a common ingredient in chemicals such as antiseptics, disinfectants, and detergents. It can also be used in aftershave lotions, hand lotions, and other cosmetics.

“We expect long term demand for disinfection as the world will continue to fight the coronavirus COVID-19 pandemic most likely till the end of this year. Based on previous virus outbreaks in Asia, the demand for sanitizing materials will remain strong during several months after the crisis is over”

Denis Varaksin, managing director of DYM Resources

INEOS, one of the world’s largest chemical producers, has planned to build two new factories in 10 days to produce more IPA. Currently the company has IPA production capacities of 155,000 tons/year at Moers and of 85,000 tons/year in Herne (both cities are in Germany), so they are planning to increase these numbers dramatically.

According to Technavio report Isopropyl Alcohol Market by Application and Geography – Forecast and Analysis 2020-2024, “The isopropyl alcohol market size has the potential to grow by 521.75 thousand tons during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.”

Despite falling crude oil prices, value of isopropyl alcohol has increased almost three times compared to average prices of 2019. In times of shortage professional supply chain solutions are needed and DYM Resources expertise is here to help clients globally.

DYM Resources can supply cosmetic grade IPA in drums and iso-containers. Please find a Cerfiticate of Quality below.
For more information please contact our managing directors per email: info@dymresources.com.

ParametersUnitGuaranteedTypical
AppearanceClear colorless liquidClear colorless liquid
ColorPt-Co≤10<10
ContentW/%≥99.8099.85
MoistureW/%≤0.100.021
Acidity(CH3COOH) %≤0.0020.0015
Evaporation residueW/%≤0.0020.0020
Hydroxyl content(acetone) %≤0.020.012
S, ppmppm≤20.50
Water solubility test Passed
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COVID-19 Update

DYM Resources is closely following all the updates regarding the COVID-19 outbreak. We consider the probable scenarios at the highest level and take all the necessary measures.
Coronavirus has considerably disrupted business, travel and daily life, and we do our best to maintain high-quality service to our customers.

Our employees’ health is certainly of the utmost priority for us: we do apply a social distance policy, work from home and follow all advice from the government. All our team members are healthy and safe.

DYM Resources’ financial situation is also stable: we are adapting to the new environment trying to minimize the effects of the outbreak on our business.

We wish everyone to stay safe and strong in these challenging times!

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DYM Resources comments on virus changing Group I and Group III flows

The leading media in the field of lubricants, oils, and waxes, Lubes ‘N’ Greases, has quoted DYM Resources’ managing director Denis Varaksin.

“China’s imports of many raw materials have dropped,” Denis Varaksin, director of base oils and waxes at German trading company DYM Resources GmbH, told Lube Report. “So, the import of base oils has decreased massively, and a big part of that import was Group III … from South Korea, Malaysia and the Middle East.”

“These flows are likely to be re-directed to other markets such as Europe, [the U.S.] and India, driving premiums for Group III down,” Varaksin said.

“The reason is the same – the virus – but the impact is different,” Varaksin said. “Because of the Chinese import drop, the Group III market globally is long, and because of the Iranian export decrease, the Group I market is short in the Middle East, India, Africa and Southeast Asia.”

Read the full article on Lubes ‘N’ Greases.

DYM Resources is a base oils trader with headquarters in Berlin, Germany. The company is offering a wide range of base oils, including Group I, II and III as well as finished lubricants and additives. DYM Resources exports base oils and waxes from Russia, Uzbekistan, Turkmenistan, Europe and other locations in flexi-containers, iso-tank, trucks, rail tank cars and bulk vessels.

To get a quote, please email us on info@dymresources.com. We usually reply within 48 hours.

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DYM Resources is quoted by a leading Russian business media RBC

Most visited Russian business news agency RBC (RosBusinessConsulting) has quoted DYM Resources’ Managing Director Denis Varaksin. This shows in-depth knowledge of commodities market by our team.

The issue in hand is a situation with a Ukrainian trader Cantarell Trading that took responsibility for illegal supplies of diesel to Ukraine from the Orsk oil refinery, which belongs to Mikhail Gutseriyev’s ForteInvest.

In 2017, Cantarell Trading signed a contract with ForteInvest for the supply of diesel fuel to the Republic of Turkey. During the process of diesel fuel transportation Cantarell Trading decided to redirect the vessel to Ukraine, which became the reason for initiation of criminal case on smuggling by law enforcement agencies of the Russian Federation.

According to Interfax-Ukraine News Agency, The Federal Service for Technical and Export Control introduced a special authorization-based procedure for importing oil products to Ukraine back in 2015.

“Everyone on the Black Sea market knows about the procedure and everyone follows these requirements,”

Denis Varaksin, Managing Director of the trading company DYM Resources GmbH.

More details on this topic is available in Russian on RBC news website.

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DYM Resources featured in Lubes’n’Greases article about Belarus base oils and lubes export

Lubes’n’Greases, a renowned media in the field of lubricants, oils, and waxes, published DYM Resources’ comment on the recent suspension on exports of base oils and lubes in Belarus.

After Moscow halted crude deliveries, Minsk government decided to reduce local impacts by pausing exports of base oils and finished lubricants. Belarus is a key base oils and finished lubes supplier to Ukraine market as well as significant exporter of Group I grades via Baltic ports. Naftan refinery produces SN 150, SN 500, SN 1200 and other less common grades.

DYM Resources’ managing director Denis Varaksin noted that “the timing would be poor for any impact on base oils because the market recently began to pick up after demand was sluggish for most of 2019”.

“Oil products output can be reduced by half”

Read the full article by Boris Kamchev on Lubes’n’Greases.

DYM Resources is a base oils and slack wax trading company selling base oil globally in bulk, flexi-containers, rail tank cars, and trucks.

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Bitumen prices in Germany rise due to lower production

Prices in Germany’s domestic bitumen market are rising because supplies are restricted while seasonal demand is growing.

Bitumen supplies remain limited throughout Germany, especially in the northeast, as the two largest German refineries, Schwedt and Leuna, have temporarily stopped producing bitumen due to the pipeline Druzhba contamination issue. Bayernoil, another major producer of bitumen, has been on a nine-month break because of an explosion last year.

PCK Schwedt

The German refinery PCK Schwedt, which processes 208, 000 barrels of bitumen per day. It has stopped the production of bitumen and switch to the delivery of more cost-effective lighter crudes. From the middle of April, oil flows through the pipeline have been halted, while crude oil was contaminated by excess concentrations of an organic chloride. After using the oil reserves, the PCK Schwedt temporarily established alternative oil supplies through the port of Rostock.

PCK Raffinerie Schwedt is owned by Rosneft Deutschland, Shell Deutschland and PCK Beteiligungs-Gesellschaft. The refinery processes 12 million tons of crude oil per year, obtaining diesel fuel, gasoline, kerosene, liquefied petroleum gas, fuel oil and among others, bitumen.

Total Refinery Leuna

The second German Refinery Leuna, that also used crude oil from PCK Druzhba, had to cut bitumen production and switched to delivery of lighter crudes as well. Before this accident Leuna supplied approximately 210,000 barrels of bitumen per day. PCK Leuna is owned by Total and has the capacity to process 12 million tons of crude oil per year.

Pipeline Druzhba supplies about one third of crude oil to Germany. According to the latest reports, Druzhba could be launched from July 1st. Full pipeline cleaning will take about 6- 8 months.

Bayernoil refinery

The third German refinery Bayernoil, that produces 210 000 barrels of bitumen per day, was launched in the first week of June after nine-month interruption in the operation. It took nine months to recover from a powerful explosion and fire in September 2018.

Although the refinery is open, the supply the of bituminous product will remain limited for at least three months. The Bayernoil plans to reach full capacity by September.

The Refinery Bayernoil owned by Varo Energy, Rosneft Deutschland, Eni and BP. It produces over ten million tons of crude oil annual. The refinery gains liquefied gases, fuels, gasoline, jet, diesel, heating oil and bitumen.

DYM Resources is an international niche oil products trading company working with all bitumen producers in Russia and supplying EN-certified bitumen and polymer-modified bitumen to German consumers. DYM Resources offers road and roofing bitumen as well as niche bitumen products, including joint tapes, mastics, and sealants.

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DYM Resources’ Revenue Grew 74% in 2018 Compared to the Previous Year

DYM Resources’ revenue grew 74% in 2018 compared to the previous year and profit multiplied by 2.3, according to the company’s financial report.

“Although it has been a challenging year for trading companies, we achieved sufficient growth due to our focus on client service, improving cost effectiveness, and introducing new products to our portfolio,” DYM Resources’ base oil and wax trading director Denis Varaksin says.

DYM Resources began to supply several new products in 2018: bitumen, diesel, gasoline, and calcium hypochlorite. The company’s key projects – petroleum coke, base oils, and waxes – have also shown significant growth over the past year.

“Our reputation investment is finally paying off. There is a significant demand for honest, transparent, and high quality service in petrochemical products of the former USSR,” says DYM Resources’ petcoke and bitumen trading director Yury Burenco.

DYM Resources is an international oil products trading company focused on supplying base oils, lubricants, waxes, bitumen, and petroleum coke.

The company sources mainly from Russian-speaking countries: Russia, Uzbekistan, Turkmenistan, and Belarus.

DYM Resources delivers base oils SN 150, SN 350, SN 500, SN 900, SN 1200, and BS-150, Group II HVI-2, as well as Group III VHVI-4 and VHVI-8 globally in bulk tankers, flexi-containers, rail tank cars, trucks, and iso-containers.

The company exports low and high sulphur petroleum coke from Russia, Turkmenistan, and Kazakhstan from multiple suppliers such as Rosneft, Lukoil, Tatneft, Gazpromneft, the Turkmenbashi refinery, and others. DYM Resources delivers petcoke to cement and metal industries by rail, container, and bulk vessels. The company also works with all bitumen producers in Russia and ships road bitumen to European consumers.

You are welcome to contact managing directors from DYM Resources per email: info@dymresources.com.

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