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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 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 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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Turkmenistan Starts Bitumen Export to Uzbekistan

Seidi Oil Refinery has begun exporting bitumen to Uzbekistan. The first batch consists of 675 tons of the product. The agreements lay out that Turkministan will import an estimated 10,000 tons of bitumen in total.

Seidi Oil Refinery’s current bitumen plant was installed three years ago by the American company Westport Trading Europe Ltd. The plant’s capacity allows it to process 118,000 tons of fuel oil per year, yielding about 37,000 tons of bitumen and associated gas oils.

Bitumen is also manufactured in the Central Asian region near Turkmenistan and exported from Kazakhstan. There are two main bitumen plants on its territory: Caspi Bitumen and Gazpromneft Kazakhstan.

According to the information provided by KAZINFORM, an international news agency of Kazakhstan, Caspi Bitumen exported 650 tons of bitumen to Uzbekistan in 2017.

In Tajikistan, the launch of an oil refinery has been announced for September 2018. The project was started in 2014 and organized by the Tajik-Chinese joint venture TK-Oil. The plant is meant to begin manufacturing with the production of a diesel fuel, low-octane gasoline of AI-80 and AI-92 grade, as well as construction bitumen.

Over the last 10 years, several attempts have been made to launch mini-refineries in Tajikistan, in the regions of Kanibadam, Isfara, Shakhrinav, and Khatlon. None of the attempts proved successful.

DYM Resources is a international trading company focused on developing high-quality services in the base oil, wax, and petcoke and bitumen markets.

For enquiries, please contact us via our website.

Photo: oldinvest.zed.kz
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Turkmenbashy refinery coking unit

Turkmenistan Sold 25,200 Tons of Bitumen for Export in 1H 2018

Turkmenistan’s refineries started bitumen export sales in early 2018 and sold 25,200 tons of bitumen from March to June.

Turkmenistan began bitumen production in 2015, but did not export the product until early 2018. Today, two refineries can produce bitumen in Turkmenistan: Seidy Refinery has the capacity to produce 37,000 tons of bitumen per year, Turkmenbashy Refinery can produce more than 200,000 tons per year and plans to increase production with the launch of new delayed coking and deasphaltizing units.

Bitumen Sales 2018 (mt)

  • Amount (mt)

“Bitumen is in high demand in Central Asia due to massive road construction plans, especially in Uzbekistan, Tajikistan and Kirgizstan,” comments Denis Varaksin, director of DYM Resources.

Bitumen is sold on an FCA refinery basis with loading into rail tank cars. Traders report that it is difficult to find suitable rail tank cars for bitumen transportation due to lack of equipment with “steam-heating coats” that help to heat the product during unloading.
Bitumen was sold in cargoes of 2000 to 7200 tons with a loading period between two to ten months. Export prices were stable from March to June 2018.

90% of bitumen is used in road construction, with the remnant going into construction industries as a waterproof material. The global bitumen market comprises around 107 million tons.

DYM Resources is a trading company focused on developing high-quality services in the base oil, wax, and petcoke and bitumen markets. The company works in Russia, Belarus, Kazakhstan, Uzbekistan, and Germany.

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Russian bitumen loading

DYM Resources starts bitumen export sales

DYM Resources plans to start ordinary bitumen as well as polymer modified bitumen export sales in 2018, the company reported.

«Bitumen production in Russia is growing while quality of the product is improving, and variety of different grades is growing» – comments Denis Varaksin, DYM Resources director.

Continue reading DYM Resources starts bitumen export sales

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