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Market news from DYM Resources

Bitumen road

Russian Bitumen Production up 21% in 1H 2018

Bitumen is the principal material used for road construction. Close to 95% of all “paved” roads in the world are estimated to have bituminous surfacing.

As per analytical data published by CREON Energy, bitumen production in Russia reached 5.92 million MT in 2017, 10.3% higher than the year before. For the first 6 months of 2018, the total production of bitumen is already 21% higher than in the corresponding period of the previous year. The total volume of production in 2018 could therefore reach 6.9 million MT, the highest result of the last 5 years. The main producers of bitumen in Russia are Rosneft, Gazpromneft, and Lukoil.

Bitumen production in Russia

  • mln Mt

This increase in the volumes of bitumen production is principally due to substantial expansion of internal road construction in the last years. At the same time, a window for export supplies still exists.

In addition, the growth rate of polymer-modified bitumen (PMB) production is more than 10% each year. According to analytical data, this volume should exceed 5% of the total bitumen volume by the end of 2018. Due to its high quality, this product is largely exported in big bags, and the main country of export is currently Chile.

PMB production in Russia

  • ths Mt

In August 2018, the Russian government decided to complete a so-called “tax maneuver,” meaning that the export duties for oil and heavy petroleum products will gradually decline to 0% by 2024. This will have a big impact on bitumen markets, and the current export duty for bitumen (Oct. 2018) is set to 137.50 USD/Mt. The first decrease of export duty at 20% will start on 01.01.2019, with a corresponding decrease every year until 0% is reached in 2024.

Export duty reductions may thus lead to more attractive export prices for bitumen, along with growing volumes of production.

In addition, PMB and other bitumen products (specialties for road construction like polymer bitumen joint tapes, mastics, and sealants etc) already have 0% export duty.

DYM Resources is an international trading company, focused on providing high-quality services in niche oil products supplies.

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DYM Resources Begins Sale of Bitumen Specialties for Road Construction

DYM Resources has begun to sell high-quality polymer-bitumen materials for road infrastructure, airports, and general construction that are intended to extend the service life of bitumen concrete and cement concrete surfaces.

The range of bitumen specialties offered by DYM Resources is as follows:

• Polymer-bitumen joint tapes

• Mastics and sealants for airports, roads, and bridges

• Waterproofing, liquid rubber, protective restoring compounds, etc.

All above-mentioned products meet EU quality requirements and have corresponding certificates.
For the past 10 years, these bitumen specialties have been widely used in all federal roads and airports in Russia, which has led to the first successful export supplies. DYM Resources expects exported volumes to continue to grow in 2019, thanks to the launch of its warehouse program along with the direct supplies to key construction projects.

Along with Bitumen specialties, DYM Resources has also begun to supply polymer modified bitumen (PMB), which increases the life cycle of road pavement to be two to three times longer than with normal bitumen. The presented PMB has CE certification and 0% export duty, making it of especial interest to European customers.

DYM Resources is an international trading company, focused on providing high-quality services in petrochemical supplies. Please contact us to get more information about bitumen and bitumen specialties offered by DYM Resources.

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DYM Resources Will Attend the 7th ICIS African Base Oils & Lubricants Conference

The managing director of DYM Resources will attend the 7th ICIS African Base Oils & Lubricants Conference in Cape Town, South Africa.

The conference begins on the 31st of October and will open with the welcoming speech of Cliff Classen, CEO of Orbichem Petrochemicals. The discussions will focus on the future development of the African Market, addressing topics such as innovative ecological solutions, macroeconomic and political impacts, ensuring quality control, and the need for local industrial lubricants.

The event is expected to host about 90 attendees from 60 companies from 20 countries.

“It is a great oportunity to meet with our colleagues in Cape Town and to exchange updates on the current situation.  The African market is a long-term partner for DYM Resources,” revealed Denis Varaksin.

DYM Resources is an international oil trading company, focused on base oil supplies.

To meet our managing director Denis Varaksin at the 7th ICIS African Base Oils & Lubricants Conference, don’t hesitate to contact us via email: info@dymresources.com.

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DYM Resources GmbH Will Participate at the 23rd International Conference “Oil and Gas of Turkmenistan 2018”

The 23rd International Oil and Gas Conference will begin on November 23rd in Ashgabat, the capital of Turkmenistan. This year, the event is organized by the state company “Turkmennebit,” with the cooperation of Cifal Industrial Services.

The discussions are expected to center around topics such as modern technologies, modernization, innovative methods of production, new transportation, and marketing strategies. The construction of TAPI main pipeline through Turkmenistan, Afghanistan, Pakistan, and India will also be addressed during the conference.

DYM Resources will be represented by its trading director Yury Burenko.

 “DYM Resources has already worked very intensively with Turkmenistan over two years. We see a lot of the potential for future cooperation here and are happy to discuss the opportunities in person,” Yury Burenko said.

DYM Resources is an international oil trading company specialized in petcoke, petrochemicals, and base oils.

If you wish to meet our trading director Yury Burenco at the 23rd International Conference “Oil and Gas of Turkmenistan 2018,” you are welcome to contact us via email: info@dymresources.com.

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DYM Resources GmbH Participates in the 15th ICIS Middle Eastern Base Oils & Lubricants Conference

The 15th ICIS Middle Eastern Base Oils & Lubricants Conference starts in Dubai tomorrow, on the 16th of October. The discussion will mainly be devoted to global support of the market transformation and commercial development in the Middle East.

“The supply of high quality base oils from Russia is growing and we are excited to facilitate shipping to Middle East and Africa,” the managing director of DYM Resources, Denis Varaksin, has said.

Last year, the conference became the biggest event in the region’s oil industry and was attended by 370 delegates from 195 companies from all over the world.

DYM Resources is an international oil trading company specialized in base oil supply.

To meet our managing director Denis Varaksin at the 15th ICIS Middle Eastern Base Oils & Lubricants Conference, do not hesitate to contact us per email: info@dymresources.com

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DYM Resources GmbH Will Participate in the World Coal Leaders Network 2018

The largest coal-related event in Europe will take place in Spain this year. The two-day conference will start on October 14th in the Pullman Barcelona Skipper Hotel. The conference is attracting 400 delegates from 43 countries and will cover the European, American, Indian, Middle East and Asian markets.

The solid-fuel segment is very important to DYM Resources; we offer our clients fuel-grade green petcoke supplies from Russia and former USSR countries. At the CoalTrans event, DYM Resources will be represented by its trading director Yury Burenko.

“We are always glad to meet our old partners and buyers to share opinions on market development and try to find new opportunities for cooperation,” Burenko has said.

DYM Resources is an international oil trading company headquartered in Berlin, Germany.To meet the DYM Resources trading director during the World Coal Leaders Network 2018, do not hesitate to contact us via our web-site or email: info@dymresources.com.

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The Availability of Russian Base Oils Improves in September

The availability of Russian base oils for export loading has improved after a restriction in July and August, as refineries have begun to run at full-scale and the attractiveness of export sales has improved due to the weaker Russian ruble, according to DYM Resources estimates.

The Russian currency dropped by 8.6% between July 30th and August 28th, making domestic sales less competitive against export loadings. This could support export sales of finished lubes as well.

Rosneft and Naftan underwent maintenance at their base oils units during the summer, which limited supplies from June to August. Both producers offered healthy volumes for September loadings. Gazpromneft and Lukoil also have base oils available for export in September, according to market participants. Tatneft had maintenance planned for September but decided to postpone it, according to producers of export Group III 4 cSt and Group II 2.5 cSt.

In September, maintenance will only take place at one base oils unit in Russia: The Angarsk refinery, which mostly supplies the Chinese market via railroad, will have turnaround. The refinery exports up to 10,000 tons per month.

Demand Improves After The Holiday Season

The demand for base oils has improved after religious holidays in Muslim countries have been completed. The European market is also improving for September-October orders after the traditional slow-down during the summer months.

Feedstock prices began to rise in the second half of August after dipping in July and the first two weeks of August. The growing crude oil price supports strong base oils prices. The Brent price increased by 5USD per barrel or 7% between August 15th and 28th, and reached 75,78 USD/bl.

Russian base oils are supplied to Turkey, Europe, Nigeria, Middle East, and other markets.

DYM Resources is a trading firm specialized in base oils, waxes, petroleum coke, and bitumen trading. The company offers a cost-effective solution for deliveries from Russia, Belarus, Turkmenistan, Uzbekistan, and Europe. DYM Resources is experienced in flexi-tanks exports. For any enquiries, feel free to contact us via our website.

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