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, […]
China Bitumen Trade Report 2025 – Latest Market Prices & Export News The China bitumen trade market is experiencing notable changes in 2025. In this article, we analyze the latest bitumen prices, supply trends, and export developments in China. Based on up-to-date industry sources such as Mysteel, Reuters, Argus, and S&P Global Platts, you will […]
`PetroGold Products Oxidized Bitumen All Oxidized BitumenBitumen 150/5Bitumen 115/25Bitumen 115/15Bitumen 105/35Bitumen 105/15Bitumen 95/25Bitumen 90/40Bitumen 90/15Bitumen 90/10Bitumen 85/40Bitumen 85/35Bitumen 85/25Bitumen 75/35Bitumen 75/25Bitumen #40Bitumen #30Bitumen #10Asphalt Sealant Penetration Grade Bitumen ASTM StandardBitumen 10/20Bitumen 30/40Bitumen 40/50Bitumen 60/70Bitumen 80/100Bitumen 85/100Bitumen 100/120Bitumen 120/150Bitumen 200/300EN StandardBitumen 15/25Bitumen 20/30Bitumen 30/45Bitumen 35/50Bitumen 40/60Bitumen 50/70Bitumen 70/100Bitumen 90/130Bitumen 100/150Bitumen 160/220 Polymer Modified Bitumen (PMB) All […]