The oil export duty of Russia will fall by $45.2 to $6.8 per ton from May 1, according to the website of the Ministry of Finance of the Russian Federation. The ministry reports that from March 15 to April 14 the average price of Russia’s main export oil blends, Urals, was $19 per barrel, or $138.7 per ton.
Considering the current prices for Russian crude oil blend Urals, projected export duty in June will be 0 USD/mt for the first time since duties were introduced. Export duty of bitumen is equal to export duty of crude oil. This means that the bitumen export duty will be less than 7 USD/Mt for May 2020 shipments.
The current situation makes the export of Russian bitumen to the neighboring CIS countries cost-effective for European customers. Russian refineries can deliver additional volumes to the European market due to a temporary decline in domestic demand because of the restrictive measures introduced in Russia in early April.
DYM Resources offers both regular and polymer modified bitumen. All products are EN-certified.Read More →
The managing director from DYM Resources Yury Burenco is making a report about the Bitumen market in Russia and CIS at the ACI’s Bitumen Industry Summit from 9th to 10th October 2019 in London. Yury Burenko has been also invited to moderate the event as a conference chairman.
Industry stakeholders from the bitumen industry, such as bitumen producers, road construction companies, infrastructure clients, solutions and technology providers, will discuss both the technical aspects of the bitumen market and the latest challenges in the industry. The agenda of the conference is covering the following topics: IMO 2020, bitumen supply and demand, production capacity, bitumen quality, health and safety perspectives and technological innovations.
The managing director from DYM Resources Yury Burenko will make a report about the Bitumen market of Russia and CIS, highlighting emerging opportunities and problems of the region. He also will analyze, how regulatory changes (IMO 2020 and others) will affect the bitumen market in Europe, Russia, and CIS in terms of production, quality and price.
As the chair of the conference, DYM Resources managing director will lead the questions and answers panel and will make final comments after speakers and sessions.
Among the others participants, the conference will be attended by Shell Bitumen, Total UK, Latexfalt (innovative products and systems on the basis of bitumen and polymers), Ooms Producten (production of polymer modified bitumen), Material Edge (production of asphalt and bitumen), NordBit ( production and design of bitumen and its components), 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: firstname.lastname@example.org.
“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.
Read More →
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: email@example.com.
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.
“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.
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.
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: firstname.lastname@example.org.Read More →
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.
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.
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.Read More →
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: email@example.com.Read More →
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: firstname.lastname@example.org.Read More →