News

DYM Resources is an independent commodity trader specializing in niche oil products such as base oil, slack wax, petroleum coke, and other oil chemical and coal chemical products

DYM Resources renews clearance with Rosneft

DYM Resources was positively evaluated for compliance with the qualification requirements to potential buyers of hydrocarbon raw materials, oil and gas processing products and petrochemicals at PJSC OC Rosneft in May 2021.   Rosneft is the biggest Russian oil producer and the 2nd biggest base oils and finished lubes exporter from Russia after Lukoil. Rosneft runs base oils units in Yaroslavl (50% share), Ufa, Novokuibyshevsk and Angarsk with total capacity close to […]
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DYM Resources participates at Argus Bitumen and Asphalt Live 2021

DYM Resources’ Trading Director Yury Burenko is participating at Argus Bitumen and Asphalt Live 2021 virtual conference. The online event is happening from 25th to 27th of May 2021. To enable networking between global industry leaders, the event organizers created a text chat & video platform for scheduling 1-to-1 meetings with registered attendees. A recording of each […]
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Financial results of the first quarter of 2021

DYM Resources prepared its financial results for the first quarter ended March 31, 2021. DYM’s sales and profits increased significantly in the first quarter. Revenues received for Q1 2021 are 3.4 times higher than for the same quarter of 2020. Record revenues for Q1 2021 are 66% of total 2020 revenues.   Working capital at the beginning […]
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Fergana refinery is up for sale

The Fergana oil refinery, the second largest refinery in Uzbekistan in terms of refining volumes, has been put up for sale again. The announcement was posted on the website of the investment company UzAssets. The application process is open to all interested parties.  The Fergana oil refinery has been operating since 1959. Now the enterprise produces 60 […]
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DYM Resources dispatches petcoke in containers to China

DYM Resources is the first buyer to purchase petcoke from Omsk refinery to ship it in containers to consumers in China. DYM Resources already has experience in containerization – we have been using this shipping method for petcoke for a few years now with various customers worldwide. It allows us to make small shipments of specific quality petcokes.   The product is transshipped from wagons to containers at […]
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DYM Resources dispatches petcoke in containers to China

DYM Resources is the first buyer to purchase petcoke from Omsk refinery to ship it in containers to consumers in China. DYM Resources already has experience in containerization – we have been using this shipping method for petcoke for a few years now with various customers worldwide. It allows us to make small shipments of specific quality petcokes.   The product is transshipped from wagons to containers at one […]
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Sibur and TAIF are merging their businesses

Russia’s largest petrochemical holdings, SIBUR and Tatarstan’s TAIF, decided to merge their assets. TAIF’s existing shareholders will receive a 15% stake in exchange for the transfer of a controlling stake in the group.   TAIF started production of finished lubes in 2020 and plans to increase volumes in 2021.   TAIF Lubricants produces light grades of PAO (poly-alpha-olefins) […]
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DYM Resources adds tank bottoms to the product portfolio

DYM Resources keeps active in biofuels feedstock trading: recently we started supplying tank bottoms to diversify our portfolio and fulfill our customers’ needs.  While EU countries are experiencing strong supply shortage due to COVID restrictions, CIS and Ukraine are the only solid supply to Europe i.e. Russia with approx. 4000-5000 MT UCO per Month.   Nevertheless, local FFA market is under big pressure as SFO crush suffers by lack […]
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