Complete Guide to Choosing the Right Bitumen for Road Construction Introduction Selecting the right bitumen is one of the most crucial steps in road construction projects. As the main binder in asphalt, bitumen determines the durability, performance, and safety of the pavement. In this guide, we will review the key factors for choosing the correct […]
PETRO GOLD at SOLVEX Dubai 2025 – Countdown Begins Less than 2 hours left until the opening of SOLVEX Dubai Expo 2025. PETRO GOLD, a leading Iranian manufacturer and exporter of high-quality bitumen, is ready to welcome visitors, traders, and partners at its exclusive booth. From Bandar Abbas to Dubai – A Global Presence With […]
Showcasing PETRO GOLD Manufacturing Strength At PETRO GOLD Solvex Dubai 2025, we will highlight our large-scale production capacity from Bandar Abbas refinery. Our flagship product, Bitumen 60/70, remains the most demanded paving grade in global markets, trusted for road construction and infrastructure projects. In addition, PETRO GOLD will showcase a diversified product portfolio: Penetration Grades, […]
Snapback Returns at UN Security Council Meeting on September 19: Impact on Iran’s Bitumen Market On September 19, 2025, the UN Security Council rejected a draft resolution aimed at blocking the return of sanctions through the snapback mechanism. This decision reignited global debates about energy markets, sanctions, and the future of petroleum derivatives, including bitumen. […]
Indonesia’s Bitumen Imports from Iran: Direct & Indirect (2023) — Key Grades in Demand According to UN Comtrade / WITS official data, Indonesia imported1.19 million tons of petroleum bitumen (HS 271320) in 2023, valued atUSD 613.6 million.Direct imports from Iran were 6,484 tons, worth USD 2.98 million,while additional Iranian-origin bitumen entered Indonesia indirectly via the […]
Introduction Bitumen, often called the backbone of modern infrastructure, is traditionally seen as a slow-moving, heavy industry. Yet today, the rise of Artificial Intelligence (AI) is reshaping even the most conventional sectors. From predictive analytics in refineries to smart logistics for exports, AI is unlocking efficiency, sustainability, and profitability in bitumen production. Current Challenges in […]
Key Advantages of 2-Ton Drums High capacity – each drum holds approximately 2,000 kg of product, reducing unit handling and peripheral packaging costs. Faster operations – cylindrical bodies with flat welded ends enable rapid movement by forklift or crane, shortening port and yard times. Leak-resistant construction – galvanized steel plate with industrial-grade welding minimizes risk […]
1. Bitumen Prices Are More Volatile Than Crude Oil Most people assume bitumen prices simply follow crude oil. The reality is different. IEA data (2019–2023) shows that crude oil prices fluctuated around 35%, while bitumen prices jumped by as much as 65%. Reason: production capacity is limited to certain refineries, and demand spikes during large […]
Regional Market Overview Asia-Pacific: Currently the largest market share, with rapid growth driven by infrastructure expansion in countries such as India and China. Europe: Experiencing a decline in bitumen prices due to lower demand and reduced costs of heavy oil derivatives. MENA (Middle East & North Africa): After a period of decline, consumption is rebounding, […]