bitumen Archives - Iran News Daily https://irannewsdaily.com/tag/bitumen/ Sat, 25 Jan 2020 08:11:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png bitumen Archives - Iran News Daily https://irannewsdaily.com/tag/bitumen/ 32 32 Bitumen, asphalt exports hit $450m in 10 months https://irannewsdaily.com/2020/01/bitumen-asphalt-exports-hit-450m-in-10-months/ https://irannewsdaily.com/2020/01/bitumen-asphalt-exports-hit-450m-in-10-months/#respond Sat, 25 Jan 2020 08:11:38 +0000 https://irannewsdaily.com/?p=105178 TEHRAN (Iran News) – Iran bitumen and asphalt exports worth $450 million since March 2019, said the managing director of Iran International Exhibitions Company (IIEC). As one of the world’s top 10 bitumen producers, Iran annually exports the product to 19 countries, Bahman Hosseinzadeh added in an address to the opening ceremony of the 11th International […]

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]]> TEHRAN (Iran News) – Iran bitumen and asphalt exports worth $450 million since March 2019, said the managing director of Iran International Exhibitions Company (IIEC).

As one of the world’s top 10 bitumen producers, Iran annually exports the product to 19 countries, Bahman Hosseinzadeh added in an address to the opening ceremony of the 11th International Exhibition of Bitumen, Asphalt, Insulations and Related Machinery (BAIEX 2020) in Tehran on Thursday, IRNA reported.

Commenting on the revenue generated through bitumen exports during the past 10 months, he noted that holding such expos can help increase the figure.

Speaking of the exhibition, which will end on Sunday, Hosseinzadeh said it is being held in an area measuring 12,000 square meters at Tehran’s Permanent International Fairgrounds.

He added that 125 Iranian companies have displayed their latest achievements and technologies in the field of road and urban development at the expo.

The IIEC’s CEO said the number of participants at the 11th edition of the fair has witnessed a 20-percent growth compared to the figure on those who took part in BAIEX 2019. He added that among the participants in BAIEX 2020 are all major domestic producers and exporters of bitumen, performance grade bitumen and polymer modified bitumen as well as those Iranian companies involved in constructing plants for production of bitumen, asphalt, insulations and related equipment.

He also noted that a number of domestic new technology-based firms (NTBFs) have also taken part in the present edition of the exhibition.

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]]> https://irannewsdaily.com/2020/01/bitumen-asphalt-exports-hit-450m-in-10-months/feed/ 0 Oil Ministry to issue license for exporting bitumen in next month https://irannewsdaily.com/2018/05/oil-ministry-to-issue-license-for-exporting-bitumen-in-next-month/ https://irannewsdaily.com/2018/05/oil-ministry-to-issue-license-for-exporting-bitumen-in-next-month/#respond Tue, 29 May 2018 09:10:38 +0000 https://irannewsdaily.com/?p=28713 In a new directive issued by the Oil Ministry, bitumen will be exported to other countries as of the beginning of Iranian month of Tir (June 22). After receiving government’s approval in the past month in the field of export of any bitumen (except mineral and export bitumen), the Oil Ministry put compilation of mechanisms […]

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]]> In a new directive issued by the Oil Ministry, bitumen will be exported to other countries as of the beginning of Iranian month of Tir (June 22).

After receiving government’s approval in the past month in the field of export of any bitumen (except mineral and export bitumen), the Oil Ministry put compilation of mechanisms for this important directive atop agenda.

In another directive issued to the Islamic Republic of Iran Customs Administration (IRICA) in written form, the Oil Ministry ordered IRICA to allow export of bitumen by the end of current month within the framework of rules and regulations.

The first regulation is related to the export of bitumen obtained from vacuum bottom (raw material for producing bitumen) as purchased at Tehran Stock Exchange (TSE), based on which, the produced bitumen will be exported to other countries if licensed by TSE.

The second regulation is related to the export of bitumen that the Oil Ministry distributes it as free of charge according to law.

Based on estimates, approx. 5 million tons of bitumen is produced in the country. Under the law, the Oil Ministry is obliged to deliver maximum four million tons of vacuum bottom to the relevant companies.

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