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INDIA BITUMEN SUPPLY
Bitumen deficit bridged, but price problem persists; India's roads set to face a real test this winterAs prices of bitumen continue to be on the higher side, road construction companies are watching the winter construction season closely. Ev...- Steel, bitumen, geopolitics could slow India’s construction boom: ICEMA Vice PresidentIndia's construction equipment industry anticipates single-digit growth this financial year. Rising steel and bitumen prices are significan...
- Parliament Watch: India-US BTA push, EPFO relief, highway slowdown among key updatesA parliamentary panel has recommended the swift conclusion of the India-US Bilateral Trade Agreement, emphasizing the need for safeguards a...
- Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economyIndia's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the I...
- India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
- Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
- Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
- National Highway projects face cost overruns, delays as West Asia war disrupts suppliesIndia's National Highway projects are experiencing 5-8% cost increases and delays due to the West Asia war impacting input costs and supply...
- NHAI assures fuel, bitumen supply for developers amid Middle East tensionsHighway developers received assurances from NHAI regarding essential material supply. The ongoing Middle East conflict raises concerns abou...
- ITPL opens greenfield bitumen derivatives plant near ChennaiIndianOil Total Pvt Ltd (ITPL) has inaugurated a new greenfield Bitumen Derivatives Plant in Gummidipoondi, near Chennai. This facility wil...
- Moglix inaugurates bitumen facility with DRG IndustriesMoglix is set to begin commercial bitumen production in July 2025. The facility is located in Mathura. It aims to boost India's infrastruct...
- BRO and IOCL meet to discuss road infrastructure in Northeast IndiaBRO and IOCL are collaborating to meet the significant oil and bitumen requirements for road projects in Northeast India. Despite logistica...
- After introducing ingenious plastic-reuse mechanism in road construction, Bengaluru is now falling behind2015 was the last time plastic was used for road-building in Bengaluru, discover ET.
- Cheaper cement up for grabs on newly launched government portalThe companies are providing the information about the stock on offer on the portal along with the prices agreed upon with the road ministry.
- Shifting to cement roads will save crores of rupees: Nitin GadkariMinistry has decided to build concrete cement roads in place of traditional bitumen roads. Cement roads are cost-effective and require less...
- Gulf Petrochem's open offer to acquire up to 26% of Sah PetroleumsGulf Petrochem Group, a UAE-based leading player in oil space, today said it has made an open offer to acquire upto 26 per cent of Sah Petr...
- Gulf Petrochem's open offer to acquire up to 26% of Sah PetroleumsGulf Petrochem Group, a UAE-based leading player in oil space, today said it has made an open offer to acquire upto 26 per cent of Sah Petr...
- Gulf Petrochem acquires Shell's bitumen plant in GujaratThe acquisition of the plant at Savli near Vadodara will complement the construction of a high capacity storage terminal for various petrol...
- Essar Oil - L&T sign MoU for bitumen supplyEssar Oil, amongst India's top private sector refiners, and Larsen & Toubro (L&T), have signed a Memorandum of Understanding (MoU) for supp...
- Crude price rise hits road building costsEver wondered whether the movement of crude oil prices on the world’s top bourses have a bearing on the roads you drive on?
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