JGS-international LLC.
Trading Company
Av. Manuel Ugarte Y Moscoso 633 - Room 9 San Isidro. Lima-peru, ; Lima, Lima, Peru
51 1 2642538
Urea direct, sugar, fertilizer, wheat, corn, rice, grains, cement, bitumen, crude oil
Shayan II
No 563, 13th alley, Amirabad st., Tehran, Tehran, Iran (Islamic Republic of)
Fruit, raisin, bitumen
Individual (Sole proprietorship)
Shamsabadi, Esfahan, Esfahan, Iran (Islamic Republic of)
Cf, Bcf, Yarn, Bitumen
Mileks Co. Inc.
Corporation/Limited Liability Company
Kurtulus Mah. S. Efendi CAD. S. Ramazanoglu Apt. No: 2, Adana, Turkey
Steel, Cement, Scrap Metal, Citrus Fruits, Vegetables, Milkpowder, Sunflower, Sunflower Oil, Bitumen
Blue Mountain
Trading Company
Wisma Dharmala Building 11th Fl, Suite 1101F,Jl. P. Sudirman No.101-103, ; Surabaya, Indonesia, Propinsi Jawa Timur, Indonesia
62 31 5329031

Bitumen, fuel to get costlier

Sat, 22 Jan 2022 08:12:00
  • Higher crude oil price to push up bitumen production cost, says M Tamim
  • Crude oil price to reach $105 per barrel in early 2023: Goldman Sachs

The price of bitumen is likely to rise by Tk 1,000-1,200 per barrel coupled with a further hike in fuel tariff in the country as the global price of crude oil, the raw material for producing bitumen, has jumped by 23 percent in the last one month.

The crude oil price has increased alarmingly recently in the global market. The Brent crude oil price has surpassed $88 per barrel, which is highest in seven years.

The Brent crude price has been rising by leaps and bounds for the last three consecutive weeks, shooting up by 23 percent in the last one month.

During the corresponding period last year, the Brent crude oil price was $55.90 per barrel which went up to as high as $87.89 on Friday.

Besides, the WTI crude price is on the rise as well and it stood at $85.14 on Friday.

Energy Expert Dr M Tamim said: “The global oil price is rising after new tensions arose in the Middle East. As a whole, unrest has been created in the global oil market.”

“Since bitumen is produced from crude oil, the production cost of bitumen will also shoot up with the rise in global crude oil prices. So, the bitumen price may go up. Any step to this end should be taken by observing the global market more,” he added.

In the first week of January, the Brent crude price rose by 5.12 percent to $81.76 per barrel. And in the second week, it soared 5.77 percent to $86.47 whereas the price was $71.57 one month ago. 

The total demand for bitumen in the country is some 5 lakh tonnes per year, of which lone state-owned Eastern Refinery Ltd produces only 60,000-70,000 tonnes.

In the past, most of the demand was used to be met through import of low-quality and adulterated bitumen.

As a result, roads get dilapidated developing potholes even within six months of construction, adding to public sufferings and decreasing lifespan of the vehicles plying such roads.

The high cost of repairing and maintaining roads due to the use of substandard bitumen leads to wastage of public money, according to departments concerned of the government and experts.

But now the situation has started to change as a large bitumen factory has been set up at the private sector to ensure the supply of quality bitumen locally.

Bangladesh Petroleum Corporation Chairman ABM Azad said: “We’re still observing the global hike in the price of crude oil, bitumen’s raw material. The next step will be taken after assessing the situation.”

US investment bank Goldman Sachs has expressed concern over the crude oil supply crunch, also citing OPEC country’s capacity shortfall in oil supply.

In view of this, Goldman Sachs predicted that the crude oil prices may soar to as high as $100 in the third quarter this year and at the outset of next year the price may jump to $105 per barrel.

It also informed that oil reserve in developed countries declined to the lowest level since 2000 as a result of the global supply crisis.

Apart from the bitumen price, the spike in crude oil price may have negative impacts on the prices of diesel, petrol and other types of fuel as well in the country.

Trading Company, Agent, Distributor/Wholesaler
432, 9th Avenue, Montreal, QC, Canada
REBCO, Blco, Diesel D2, Mazut M100, Gasoline, Jet Fuel, LNG, LPG, Urea 46% , Fuel Cst180, Bitumen
AF Control Sdn Bhd
Trading Company
5-2, Blk D2, Jln PJU 1/39, Dataran Prima, ; Petaling Jaya, Selangor, Malaysia
60 3 78046072
Organic green tea, semi-finished rubber, coffee bean, timber(teaksawn, etc), maise and other agricultural products, bitumen, urea
Andheri, ; Mumbai, Maharashtra, India
91 22 26350505
Rice, wheat, sugar, soyabean oil, palm oil, groundnut oil, groundnuts, sesame seeds, pulses, black pepper, cashews, soyabean meal, coffee, urea, sulphur, DAP, heavy melting scrap, metal scrap, bitumen
Butik Exclusive
Trading Company
51, Odunlami Street,, ; Lagos, Lagos, Nigeria
234 01 475 8295
Fashion Accessories, Bitumen, crude Oil
Tehran Coapration
Trading Company
No.786 After Moallem Cross,shariyati Ave, Tehran-iran, ; TEHRAN, TEHRAN, Iran (Islamic Republic of)
98 21 8408402/8408559/8413347/8440123
Stainless steel bright bars, carpet, bitumen
Trading Company
Karimnagar Near Old Bus Stand, Karimnagar, Andhra Pradesh, India
REBCO, Bitumen, HMS1 & 2, Clinker, Cement, Iron Ore, Handicrafts, Textiles, Bread, Sugar, Rice
Aria Consult Co.
Trading Company
Unit 8, Floor.4, No.880 Atlas Building, First Sadeghiyeh Sq. Tehran, Iran., ; Tehran, Iran (Islamic Republic of)
98 21 44251688
Chemical, base oil, parafin, urea, palm oil, engine oil, lubricant, bitumen,Metal
Rm 615-616,6/F, Asia Trade Ctr,79 Lei Muk Rd, Kwai Chung, ; Hong Kong
00 852 28512335
Fuel oil (180cst/380cst), crude oil, bitumen
Sher Consulting
Jumeraih Beach road, ; Dubai, United Arab Emirates
971 50 4440666
Base oil, bitumen, coal tar
Rezvan Trading
Trading Company
No. 4 First Flour 110 Amir Rahahan, Tabriz, Azarbayjan, Iran (Islamic Republic of)
Caspian Petro Sazeh
Trading Company
Shariati, Tehran, Iran, Iran (Islamic Republic of)
Sn15 & Sn500 (Recycled) , Bitumen, Gilsonite, Vascazine
Realis Trading Co
VA 20175, ; Leesburg, Virginia, United States
1 703 447 5233
Sugar, urea, cocoa, bitumen, cement, clinker, chemicals, silica sand, and Russian grains and many others
Haryanafaridabad172, Ashoka-1, Faridabad, Haryana, India
Dry Fruit, Tiers, Bitumen, Car Accessories
Tehran Trade Gate
Trading Company
Tehran6 Namdar Ave., Mofatteh St., Haft-e-tir Sq., Tehran, Iran (Islamic Republic of)
Bitumen, Machine Carpet, Dried Fruit and nuts
Alwanaat Co.
Trading Company
#205, No.118-825, Al-burj St., Mussalla Rd., Bani Yas(Nasser)sq., ; Dubai, United Arab Emirates
971 228 3332
(sesame seed, saffron), (paper, paperboard, art paper), bitumen, automobile
8th Floor, Shilp Tower, Corner of Godown / Tagore Road, ; Rajkot, Gujarat, India
91 281 2481691
We are procuring agents for copper scrap, ms scrap, aluminium scrap, bauxite, steam coal, cement, clinker, bitumen, panasonic batteries, wind-mill parts, fabric material etc.
Matinco Group
22 Niloufar, Pirouz St, Hasht Behsht Sharghi, Esfahan, Iran, ; Esfahan, Esfahan, Iran (Islamic Republic of)
98 311 2678491
Geo Polyurethane Pvt. Ltd
Trading Company
Sahitya Seva Sadan, Nr. Gujarat College, Ellis Bridge, ; Ahmedabad, Gujarat, India
91 79 25830449
Bitumen, Printing M/c, Latex Foam Products, Road Construction Equipments, Diamond & Gold Jewelery, Tea, OrganicSpices, Shirts & Hosiery items, Leather goods & articles, Leather Tanning Agents, TVs
Westridge(Smc-Pvt.) Ltd.
W-2, Capital Heights, Diplomatic Enclave, G-5, ; Islamabad, Pakistan
92 345 5159028
Bitumen, rice
2299 Yan An West Road,10d85 Shanghai Mart, ; Shanghai, Shanghai, China (Mainland)
86 021 62362867
Bitumen, coal tar pitch, caustic soda, soda ash, castor oil, soya meal, castor meal,
Bitulubetech Sarl
LLC (Ltd Liability Corp)
Rue 372 Niarela, Bamako, Bamako, Mali
223 -221-7558
Bitumen, Bitumen Acces, Motor Oil, Lubricants, Chemical
19 Hibernia Point, Wolvercote Road, London, United Kingdom
Palm oil, shea coconut and peanut butter, d2, bitumen, crude oil, urea, soap, rosemary oil, cedar oil, neem oil,
Trading Company
Vernous Alley-Beside Of Pars Hospital-Keshavarz Blv, Tehran, Tehran, Iran (Islamic Republic of)
Bitumen, Slack Wax, Rpo, Pdhe
Corporation/Limited Liability Company
Emirates Towers Level 42, Dubai, United Arab Emirates
Pork, Beef Meat, Halal Beef, Chicken, Bitumen, Lubricant Oil, CNG Cylinders, Beef Meat, Turkey, Offals, Iron Ore, Copper, Steel, Locomotive, Bus
Trading Company
Madina Road, Jeddah, Wastern Region, Saudi Arabia
Slco, Bitumen, Furnace Oil, Lubricant Oil And Diesel, Diesel D2
No. 291 Zafar AVE. , Tehran, Tehran, Iran (Islamic Republic of)
Bitumen, Fuel Oil, Furfural
Forex Export and Import Inc.
# 10 Berkeley Street, London, England, United Kingdom
Crude Oil, Bitumen, Coke, Fuel Oil,
Trading Company
Irantehranno13-2floor-amjadbuilding-jomhuri Steet, Tehran, Iran, Iran (Islamic Republic of)
Bitumen, quartz, date, beverage, wood
samsung resources corp.
Trading Company
202, Mirabo Bl.,228-1 Yongdap-dong, Seongdong-gu, ; Seoul, Seoul, South Korea
82 2 22443144
Bitumen, diesel oil, methanol
2 Nasarawa Street, Kaduna, Nigeria, Kaduna, Kaduna State, Nigeria
fuel oil,bitumen,gas
Paragon Int'l FZc
Trading Company
Rak Free Zone, Ras Al Khaima, UAE, United Arab Emirates
971-7-204 1586
D2, bitumen
Latingan Co.
North Kheradmand, 161, Tehran, Iran (Islamic Republic of)
Latingen co
North Kheradmand,161, Tehran, Iran (Islamic Republic of)
Bitumen, oil, waxes
Bahar St, Tehran, Tehran, Iran (Islamic Republic of)
Bitumen, Urea, Sulfur, Mazut
Sovereign Oil Limited
Loita Street, Nairobi, Kenya
Crude oil, lubricant, fuel oil, bitumen
First United Energy Limited
9200 Harford Road, Baltimore, MD, Canada
Upstream and downstream products and services, bitumen, fuel oil
Trading Company
Jetty No 886 Road No 115 North Sitra Industrial Area 601, ; Sitra Industrial, Manama Bahrain, Bahrain
973 - 1773 6868
Lubricant, fuel oil, bitumen
TER-Hovsepians Trading CO.LTD
Trading Company
#37 5-th Floor, Allamdary St., North Bahar St.,, ; Tehran, Tehran, Iran (Islamic Republic of)
98 21 77503996
RPO, Base oil, Slack wax, Engine oil, Bitumen,
Trading Company
C/1014, ; Cotonou, Atlantique, Benin
229 97 989631
Crude oil, REBCO, slco, blco, D2, PMS, Bitumen
Sheikh Zayed, ; Dubai, United Arab Emirates
971 50 4917828
Bitumen, blco, cst 170, cst # 180, d-2, d-5 & d-6 marine diesel oil, fuel oil, furnace oil, high speed diesel (hsd), ilco, jet fuel, libyan crude, low sulphur fuel, mazut, slco wheat, rice, urea, iron ore
Unioil Petroleum Philippines Incorporated
Trading Company
2701-B West Tower, Pse Center, Exchange Road, Ortigas Center, ; Pasig City, Metro Manila, Philippines
63 2 5641991
Bitumen, Fuel Oil, Lubricant
Rauniyar Brothers & Company Pvt. Ltd
Trading Company
Meena Bazar, Main Road, ; Birgunj, Parsa, Nepal
977 51 524956
Lubcricants, Fuel Oil, Bitumen, Base oil
94 Webber Street, ; London, London, United Kingdom
44 207 9028282
Crude Oil, Fuel Oil, Bitumen, Urea.
118 Sutherland Road Croydon, ; London, Surrey, United Kingdom
44 208 6649600
bitumen,fuel oil, crude oil,oil
Wellington United Kingdom, ; London, United Kingdom
44 774949 5438
Blco, fuel oil, bitumen
Madhu Indutrial Estate, 1st floor, Pandurang Budhkar Marg, ; Mumbai, Maharashtra, India
91 22 24935650/51/52
Fuel oil, gas oil, lubricants, bitumen
Koosha Afarinan Asia
Trading Company
10th Floor, Khashayar Tower, Sharifi Brothers St., Vanak Square, Tehran, Iran., ; Terhan, Iran, Iran (Islamic Republic of)
0098 21 877 98 08
White spirit solvent, fuel oil, bitumen, lubricants,
J. C. Trading Co.
Trading Company
No.59 Shing Wen Street, Kaohsiung Taiwan, ; Kaohsiung, TW, Taiwan
886 07 3659208
Light crude, lpg, fuel oil, naphtha, bitumen
Global Links
Trading Company
126, Capitol Cinema Bldg, Dr. D.N.Rd, Opp CST, Fort, ; Mumbai, Maharashtra, India
91 9820154632
Crude oils, Fuel Oil, Diesel, Bitumen, LPG, Mazut
Ats Co.
Trading Company
No50, Bahar 2 St., Paknezhad Blvd, Shahrak-e-gharb Sq., ; Tehran, Tehran, Iran (Islamic Republic of)
98 21 2353963
Oil, bitumen, base oil, fuel oil
Gulf Energy Resources Ltd
Trading Company
Karama - Dubai, ; Dubai, Dubai, United Arab Emirates
971 4 3360923
Bitumen, fuel oil, base oil, gas oil, sulphur, lubricants.
Dream Projects
Manufacturer, Trading Company, Buying Office, Agent, Distributor/Wholesaler, Government ministry/Bureau/Commission, Association, Business Service (Tra
Easternjubailindustrial City, Jubail, Eastern, Saudi Arabia
Bitumen, Diesel, Petrol, Hcl, Overhualing, Vibration Analysis
Athiya Exporters
Trading Company
202, Sneha Residency, Karthikeya Nagar, Nacharam, Hyderabad, Andhra Pradesh, India
Bitumen, Diesel 2, Crude Oil, Kerosene
Siddhi Vinayak Trade Link
Aadarshnagar, Birganj, Narayani, Nepal
Bitumen, Furnace Oil
RBC Pvt.Ltd.
Trading Company
Airport Road, Dubai, United Arab Emirates
Furnace Oil, Bitumen, Base Oil, Fuel Oil
Michael Raj
Trading Company
Western Kingdom, Methis, United Kingdom
Oil, Bitumen
alforat trading l.l.c
Trading Company
Al Mina Road, Dubai, United Arab Emirates
Bitumen, Base Oil
Shaumyan Str. , 2, Berdyansk, Zaporozhye, Ukraine
Motor Oils, Gear And Hydraulic Oils, Energy-Production Equipment Oils, Industrial Oils, Lithium Greases, Calcium Greases, Cutting Fluids, Bitumen, Process Oils, Vacuum And Heat-Transfer Oils
Taru Impex
Trading Company
706, Saffron Tower, Fatehgung. , Vadodara, Gujarat, India
Fuel Oils, Furnace Oil, Hsd, Mix Hydrocarbon Oil, Bitumen
360 Lorong 2 Hua Joo Park, Kuching, Malaysia
Bitumen, Diesel D2
Constructora E Inversiones El Araguaney Ltda.
Trading Company
Private Address Bogota D. C., Bogota D. C., Colombia
Asphalt, Bitumen, Jet Fuel, Jet A1 Fuel, Diesel D2, Crude Oil
Pt. Nustraco Global
Trading Company
Menara Global, Gatot Subroto Kav 27, Jakarta, Jakarta Raya, Indonesia
Light Crude Oil, Marine Fuel Oil, High Speed Diesel, Liquified Petroleum Gas, Green Coke, White Spirit, Sulphur, Bitumen / Asphalt, Sludge
East Grant Trading Service Est.
Trading Company
Jeddah Makkah Road, Jeddah, Makkah, Saudi Arabia
Ito Energy
2 Jurong East Street St 21 IMM Building, Singapore
Crude oil, bitumen, petrochemical, coke, coal
Black Mask Bitumen Factory
Hamdania, Jeddah, Jeddah, Saudi Arabia
Bitumen, fuel oil
Turkish Petroleum International Company
Corporation/Limited Liability Company
Cankaya, Ankara, Turkey, Turkey
Crude Oil, Fuel Oil, Bitumen
Taktaz Shimi Gharb ltd.
Shariati Ave., Tehran, Tehran, Iran (Islamic Republic of)
Base Oil, Bitumen, Sn500 Ans Sn150
Olamoec, Thran, Thran, Iran (Islamic Republic of)
Bitumen, Rpo
Al Manafa Group
Old Airport Road, Al Khobar, Eastern Province, Saudi Arabia
Bitumen, Lubes, Chemicals
Alex International Trading
Trading Company
8 Back St. Mostafa El-manfalouty Street, Stainlee, ; Alexandria, Egypt
20 3 5464313
Wax, oils, bitumen
Trading Company
Alhamra Street, Jeddah, Saudi Arabi, Saudi Arabia
Bitumen, Crude Oil, Urea
Dubai-P.O.Box: 56072, Dubai, United Arab Emirates
Bitumen, white oil, spindle oil, base oil, grease, paraffin wax, residue wax, slack wax
Zenit Co.
P. O. Box 91775-1199 Mashad - Iran, Mashad, Khorasan, Iran (Islamic Republic of)
Base Oil / Engine Oil / Gear Oil / Hydraulic Oil / Industrial Oil / Greases / AntiFreeze / Solvents / Bitumen / Other Products
Oriental Oil Company Ltd
House# B-171, Lane #23. New DOHS. Mohakhali., ; Dhaka, Bangladesh
880 02 9887275
Lube Oils, LPG, Bitumen
East Trade Line Co.
Trading Company
Apt. No.2,6th Flr., Bldg No.183, Fatemi Ave, Tehran - Iran, ; Tehran, Tehran, Iran (Islamic Republic of)
98 21 88988276~9
Bitumen, RPO, Spindle Oil, Paraffin Wax,, Recycled Base Oil, Lubricants
Arsh Trading Company
Trading Company
Mirdamad, ; Tehran, Iran (Islamic Republic of)
98 21 2255555
Slack Wax, RPO, Paraffin, Vaseline, Petroleum Jelly, Spindle Oil, Base Oil, Bitumen
Al Ruwais Trading Co
Trading Company
Sheikh Zayed Road-al Moosa Tower2no312, ; Dubai, UAE, United Arab Emirates
971 4 3311767
Bitumen, baseoil, petrochemicals
Ekasia Co, Ltd
Roshanak Bld , Naseri Ali , Africa Ave ,, ; Tehran, Tehran, Iran (Islamic Republic of)
98 21 8793306
Rpo, bitumen, white oil, white spirit, paraffin wax,
Mousalui Merchantry
Trading Company
Unit 4 / 2 4th Floor No 8 / 7 Bijan Building Mother Sq Mirdamad Blv, Tehran, Tehran, Iran (Islamic Republic of)
Paraffin, Bitumen
Mobtaker Jamil Co.
Niavaran Ave., ; Tehran, Tehran, Iran (Islamic Republic of)
0098 912 1034364
Bitumen, sulphur, molasses, paraffin, fertilizer
Intex Petrochemicals
Trading Company
Gujaratahmedabad1285, B/H Electricity House Opp. Advance Cinema Laldarwaja Ahmedabad, Ahmedabad, Gujarat, India
Petroleum jellies, liquid paraffins, paraffin waxes, rpo, greaces, furnance oil, white oils, bitumen, sko, high speed deisel, emulsifiers of textile grades,
eskandary commercial
Trading Company
Iran-esfahan, First Abshar St, No 17, Esfahan, Iran/Esfahan, Iran (Islamic Republic of)
Bitumen, Base oil, paraffin wax
M/S Magnum Logistics
Trading Company
GL-13, Hari Nagar, Kochhar Towers, ; New Delhi, Delhi, India
0091 11 52851229
Bitumen, paaffin wax, fo & other oil products. Dry fruits
UTG / Kimia, Inc.
PO Box 5373, ; Orange, CA, Iran (Islamic Republic of)
98 21 8837151
Anhydrous ammonia, Bitumen, Paraffin, Slack wax
arian chimi .co
Post Box 86195 / 494 Arian Chimi. Co, Shahreza, Esfahan, Iran (Islamic Republic of)
Paraffine Wax, Residue Wax, Bitumen, R. P. Oil, Slack Wax
Middle East Economy Development
Unit.18, No.37/2 - North Eskandari Ave. Azadi St., Tehran, Tehran, Iran (Islamic Republic of)
Iron Ore, Sulfur, Bitumen, Paraffin, Industrial Oil, Sugar, Stone, Ceramic
118 Hunza Block, Allama Iqbal Town, Lahore, Punjab, Pakistan
Sulphur, Bitumen, Petrochemicals, Fine Chemicals, Solvents
Monokim Ltd Co.
Corporation/Limited Liability Company
Osb Mersin, Mersin, Turkey
pouya nemad kish co
No: 1 / 1, First Floor, Vian Building, Khayam Ave, , Tehran, Iran (Islamic Republic of)
Bitumen, Gilsonite
Garuda Tunggal Perkasa
Jl. Gading Pesantren Blok I No. 19, Malang, Propinsi Jawa Timur, Indonesia
Bitumen, Asphalt, Emulsion Bitumen, Polimer Modified Bitumen.
Trading Company
Taman Pondok Jati CN 09, Sidoarjo, Propinsi Jawa Timur, Indonesia
Bitumen, Paper
pouyandegan tejarat international co. (P.T.I.C)
Trading Company
# 113, Orkideh Building, Khaneh Isfahan, Isfahan, Iran, Isfahan, Isfahan, Iran (Islamic Republic of)
Petrochemical, Bitumen
Part Innovators Trading Co. LTD
Trading Company
Pasdaran, Tehran, Tehran, Iran (Islamic Republic of)
Bitumen, Natural Bitumen (Asphalt) , RPO
Wizzo Enterprises
Trading Company
University Way, Nairobi, Nairobi, Kenya
Shahab General Trading
Trading Company
No 27 Second Floor Satar Khan Ave, Tehran, Tehran, Iran (Islamic Republic of)
Bitumen, Base Oil, Gilsonite