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Market news from DYM Resources

Bitumen prices in Germany rise due to lower production

Prices of bitumen in the domestic market of Germany are rising because of the tight supply at the time of the growing seasonal demand.

The supply of bitumen remains limited throughout Germany, especially in the northeast, as the two largest German refineries Schwedt and Leuna temporarily stopped producing bitumen due to the pipeline Druzhba contamination issue. Bayernoil, another major producer of bitumen, had a nine-month break because of the explosion last year.

PCK Schwedt

German refinery PCK Schwedt 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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DYM Resources Speaks at the Argus European Bitumen and Asphalt 2019 Conference

The conference will be held from May 22nd to 23rd in Athens, Greece. The agenda will address such key topics as the impact of IMO 2020 on the bitumen market, technical developments in asphalt mixes, the changing supply and demand landscape, and new strategic road developments. It will be attended by over 150 companies, including the key market players Shell, BASF, Colas, Galp, Repsol, MOL, Nynas, and TOTAL.

Yury Burenko, the managing director from DYM Resources GmbH, will be speaking about the prospects of the bitumen market in Russia, CIS, and the bitumen market in Ukraine, Turkmenistan, and Georgia.

“The bitumen market is undergoing major changes. The production of bitumen in Europe is falling because of the new DCU ( Delayed Coker Units). The new revisions to IMO 2020 bunkering regulations will also limit the use of sulfur fuel oil, the main kind produced in Russia, as marine fuel. It is important to analyze what these regulatory changes mean for the bitumen market in terms of production, quality, and price. For Russia, it will be promising to increase the production of bitumen,” Burenko says.

DYM Resources GmbH is an international niche oil products trading company working with all bitumen producers in Russia and shipping road bitumen to European consumers. DYM Resources offers road and roofing bitumen as well as niche bitumen products, including joint tapes, mastics, and sealants.

To meet our managing director Yury Burenko at the Argus European Bitumen and Asphalt 2019 Conference, you are welcome to contact us per email: info@dymresources.com.

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DYM Resources Attends The Unity Mineral Oil Technology Congress

Denis Varaksin, DYM Resources Managing Director, is attending the Unity Mineral Oil Congress in Stuttgart during 1-3 of April 2019. The new industry trends are to be discussed by the main players of the lube and fuel sector. The event will be attended by all major market players as well as the experts in the mechanical and automotive engineering.

This forum is a rare opportunity for the communication between automobile industry participants and the commodity companies.

 “Germany is world leader in car manufacturing and high-tech industries, it is very important to understand where the German market is moving, the rest of the world will follow” – says Denis Varaksin, the managing director of DYM Resources GmbH.

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

To meet our managing directors don’t hesitate to contact us via email: info@dymresources.com

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DYM Resources attends petcoke forum in Moscow

DYM Resources GmbH is attending 5th petroleum coke forum in Moscow, which is called Neftekoks 2019 during March 12-13th. DYM Resources is participating in the forum for the 3rd time.

Petroleum coke production in Russia and ex-USSR countries is growing, we expect new units to start up in 2020, Russia is becoming a major player in Global petcoke market“ – DYM Resources petcoke trading director Yury Burenco says.

Russian petroleum coke forum helps to promote Russian petcoke, improve production stability and quality and find new outlets for the product. Among the participants are the oil majors like Rosneft, Gazpomneft, Lukoil, Tatneft, Antipinsk refinery, metallurgical companies from Russia and CIS, manufactures of abrasive and refractory materials, designers and manufactures of high-tech equipment, representatives of the specialized research institutions.

DYM Resources is a trading firm focused on petroleum coke exports from Russia, Turkmenistan and Kazakhstan. The company is working with low and high Sulphur petroleum coke from multiple suppliers like Rosneft, Lukoil, Tatneft, Gazpromneft, Turkmenbashy refinery and others. DYM Resources loads petcoke to cement and metal industries by rail, container and bulk vessels.

To meet with the DYM Resources director during the Neftekoks 2019 Forum in Moscow, please contract us via our website www.dymresources.com or email info@dymresources.com.

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