News_test

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 […]
Read More

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 […]
Read More

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 […]
Read More

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 […]
Read More

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) […]
Read More

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 […]
Read More

Russian Base Oil Exports Grow in March

After dropping in January and February this year, base oil exports in Russia increased in March to 113kt up from 98kt in February. This is 13% more than in March 2020 and the biggest figure since at least 2015. Considering the fact that a few plants were on maintenance, it is a significant growth. Compared […]
Read More