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Market news from DYM Resources

“Bitumen in Europe moves to the East” — DYM Resources reports at the Argus Africa Roads Conference

“Production of Bitumen in Europe moves to the East” — DYM Resources Speaks at the Argus Africa Roads 2019 Conference

DYM Resources will make a report on the bitumen industry in Europe, Russia and CIS at the Argus Africa Roads Conference 2019. The Conference takes place from June 26th to 27th  in Nairobi, Kenia.

“The new IMO 2020 restrictions will reduce demand for high-sulfur fuel oil and lead to changes in the oil market. Some European refineries have already refocused on refining light oil products from fuel oil, while refineries in Russia and CIS tend to produce more bitumen”, DYM Resources managing director Yury Burenko says. “Moreover, the bitumen duty in Russia is expected to fall from 100 USD/Mt to 0 USD/Mt in the next 5 years, as the Russian tax system changes. This will also encourage production of bitumen.”

The report from DYM Resources will also include the following issues:

— How regulatory changes will affect on the bitumen market in Europe, Russia, and CIS in terms of production, quality and price.

— Available capacities in Russia and CIS – can Russia increase bitumen production taking into account IMO 2020 restrictions and falling fuel oil demand?

— What are the logistical problems and bottlenecks for bitumen exports from Russia?

— Intraregional trade flows are geopolitical difficulties and dependencies.

Other industry speakers will address a range of topics including updates on the road and bitumen infrastructure in East Africa:

—  Road developments and investments in East Africa, focusing on Kenya and Tanzania.

— Impact of Iranian sanctions and alternative supply sources for east African road projects.

— Growing appetite for bitumen and bitumen infrastructure in east Africa.

The participants will include delegates from Shell, MENA Energy, Cinergy, TEC Container Solutions and others.


DYM Resources is an international niche oil products trading company working with all bitumen producers in Russia and supplying EN-certified ordinary bitumen and polymer-modified bitumen to European consumers. DYM Resources offers road and roofing bitumen as well as niche bitumen products, including joint tapes, mastics, and sealants. You are welcome to contact our managing directors per email: info@dymresources.com.

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Meet DYM Resources at the 13th ICIS Asian Base Oils and Lubricants Conference

DYM Resources participates in the 13th ICIS Asian Base Oils and Lubricants Conference. The Conference takes place from June 25th to 27th in Singapore.

“Asian market is the fastest growing one in the world. Quality changes happening there are amazing,” — says the managing director from DYM Resources Denis Varaksin. “DYM Resources is a global base oils and additives supplier. Therefore, we will use the conference to see suppliers and clients, and to get more knowledge about base oils market in Asia.”

Conference speakers will discuss, how politics and increased geopolitical tensions affect the Asian economy. They will try to make a forecast, what the economic outlook for the Asian region will be after 2020. Several reports will be made on the base oils of Group I and Group II, as well as on the introduction of Euro VI equivalents in Asia, and on upcoming innovations in engine performance affecting the lubricants business.

Among the speakers will be company representative from Shell, ExxonMobil Fuels & Lubricants, Infineum Singapore ( fuel and lubricant additives), The Lubrizol (additives for transportation and industrial lubricants), Pertamina Lubricants (manufactures lubricants), Chemlube International (lubricating oils and greases), Lukoil Marine Lubricants.  In 2018 the Conference was attended by over than 300 delegates.

DYM Resources is an international oil trading company specialized in base oils, additives, lubricants, and slack wax supply. The company is supplying base oils from Russia, Belarus, Uzbekistan, Turkmenistan, and Europe in flexi-tanks, trucks, and bulk.

To meet our managing director Denis Varaksin at the 13th ICIS Asian Base Oils and Lubricants Conference you are welcome to contact us per email: info@dymresources.com.

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DYM Resources starts loading Polymer Modified Bitumen

DYM Resources starts loading Polymer Modified Bitumen

DYM Resources starts loading a new product — the EN-certified Polymer-modified bitumen (PMB). It is delivered by trucks from Russia to neighboring countries.

What is a Polymer modified bitumen (PMB)

Polymer modified bitumen (PMB) is a type of bitumen, which is formed by adding some polymer. The most common type of polymer that is added is styrene butadiene styrene (SBS). It acts as a binder modification agent.

Adding polymers provide a higher level of quality, improves specifications of bitumen, give it extra strength, additional elasticity, high resistance to deformations, heat and frost.

Polymer modified bitumen (PMB) is used in the construction of roads (85–90%), pavement, roofs, airfield, etc.

(to learn more about the Polymer modified bitumen (PMB))

“The improved technical characteristics of the product extend maintenance periods for up to two times,” says the managing director from DYM Resources, Yury Burenco. “This reduces total cost of road construction and maintenance.”  

“The improved technical characteristics of the product extend maintenance periods for up to two times.”

“During the 12-year cycle of operation of the road, which was made from the Polymer modified bitumen, savings on current and capital maintenance reach 32%,” representative from the Gazpromneft Bitumen Materials reports.

Producers of the Polymer modified bitumen in Russia and shipping methods

There are three largest producers of Polymer modified bitumen (PMB) in Russia: Gazpromneft (EN-certified bitumen), Rosneft (EN-certified bitumen) and LUKOIL (GOST 33133-2014 bitumen). DYM Resources is able to supply Polymer modified bitumen from all of them.

DYM Resources delivers PMB in various packages: rail road tankers, trucks, big bags and clovertainer — a container of multilayer cardboard with a volume of 1000 liters, 20-foot containers.

PMB in Russia: production and export growth

According to consulting services, production of the PMB in Russia constantly grows.

In 2017 Russia produced about 232.6 thousand tons Polymer modified bitumen. That is 15.22% more than in 2016 (202,26 thousand tons).

The growth of PMB production accelerated in 2018, as both Rosneft and LUKOIL announced, that they have started or improved their PMB-programs on several of their bitumen refineries.

Production of PMB started in Russia in 2009 in the Omsk refinery, owned by company Gazprom. Since then, the PBM market has grown up to 70 times.

Analysts predicted, that by 2025 the capacity of the PMB market in Russia will exceed to 500 thousand tons.

The Polymer modified bitumen is exported from Russia to Europe, South and Latin America, Africa, Central and South-East Asia, in such countries as Peru, Chile, Brazil, Mongolia, Kazakhstan, Vietnam.

Unlike the ordinary bitumen, Polymer modified bitumen has no export duty.

DYM Resources bitumen offer

DYM Resources is an international niche oil products trading company working with all bitumen producers in Russia and supplying EN-certified ordinary bitumen and polymer-modified bitumen to European consumers . DYM Resources offers road and roofing bitumen as well as niche bitumen products, including joint tapes, mastics, and sealants. You are welcome to contact our managing directors per email: info@dymresources.com.

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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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Meet DYM Resources at the Oleofuels 2019 Conference in Italy

DYM Resources Participates in the Oleofuels 2019 Conference

DYM Resources Participates in the Oleofuels 2019 Conference. The Conference takes place from June 5th to 6th in Venice, Italy.

Senior representatives from the biodiesel, renewable diesel, and HVO industries will provide an overview of the current European and global Oleofuels markets. Conference contributors will discuss key regulations affecting the Oleofuels supply chain, provide updated information on the availability of raw material, and share cutting edge technology to help meet new emerging transport decarbonisation trends.

“We believe that the right biodiesel production strategy is one of the key solutions for a green future. If we want to reduce harmful emissions into the air, we must care about  more than electric cars,” says the managing director from DYM Resources, Yury Burenco.

“DYM Resources supplies fatty acids (FA) and used cooking oil (UCO) that are used to produce biodiesel. Sourcing these products in former USSR countries is one of our core competencies. This is a promising market to work with, because the ex-USSR countries are the largest producers of vegetable oils in the world. For instance, Russia and Ukraine occupy the first two places in the top 5 countries of the world leaders for the production of sunflower oil.”

The participants of the Oleofuels 2019 Conference will also include delegates from ENI, NESTE, Axens, MVAK, NEOT, and others.

DYM Resources is an international oil products trading company focused on supplying base oils, lubricants, waxes, bitumen, petroleum coke, fatty acids, and used cooking oil. You are welcome to contact our managing directors per email: info@dymresources.com.

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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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DYM Resources Participates in the 7th CIS Base Oil and Lubricants Conference

The conference, which takes place from May 22nd to 23rd in Moscow, Russia, will gather participants with the latest global and regional trends affecting the basic oil and lubricants industry in Russia and the CIS.

“Over the past two years, the lubricating oil market in Russia has grown by about two percent and it is expected to continue growing in 2019, while the quality improves,” says the managing director of DYM Resources, Denis Varaksin. “Russia and CIS are a main sourcing market for DYM Resources. As we have recently started importing some high-quality materials such as viscosity modifiers into Russia, the ex-USSR market has become even important for us.”

Conference contributors will discuss how the new IMO 2020 emission standards will affect the quality, price, and manufacturing of petroleum products, possible successful strategies for lubricant manufacturers under conditions of increasing competition, and how to meet customer requirements during the transition for Group II and III base oils in Russia. Key market players Rosneft, Gazprom neft, and LUKOIL will discuss the implementation of import substitution programs for base oils and the development of their own production facilities. Major blenders and base oils producers plan to share their latest achievements, plans, and new technologies such as modern catalysts, dewaxing additives, fluids to improve viscosity index in various base oil groups, and the Oil Conditioning Monitoring program.

The participants will include delegates from Fuchs, Total Vostok, Nizhnekamskneftekhim, Arlanxeo, Exxonmobil, and Shell, as well as Belarus, Turkmenistan, and Uzbekistan industry champions.

DYM Resources is an international oil trading company specialized in base oils, lubricants, additives, and slack wax supply. The company is supplying base oils from Russia, Belarus, Uzbekistan, Turkmenistan, and Europe in flexi-tanks, trucks, and bulk.

To meet our managing director Denis Varaksin at the7th CIS base oil and lubricants conference, you are welcome to contact us per email: info@dymresources.com.

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