Participants at Tehran’s Int’l Bitumen Expo Rise by 40%
More than 150 domestic and international companies are participating at the 10th International Exhibition of Bitumen, Asphalt, Insulation and Related Machinery (BAIEX 2019) in Tehran, indicating a 40% increase compared with the last edition.
The 10th edition of BAIEX kicked off on Tuesday in Tehran and will go on for February 15, on a 1,2000-square-meter venue at the Tehran International Permanent Fairground.
The four-day event is hosting over 155 domestic and international companies, which have put their latest products and services on display.
High-ranking economic delegations from the neighboring countries, CIS states and South Africa are scheduled to visit the exhibition.
According to Bahman Hossienzadeh, an official affiliated to the Ministry of Mine, Trade and Industry, the number of participants has observed a 40% hike compared with the previous edition BAIEX.
Iran is among the main exporters of Bitumen and Cement in the region.
According to Hossienzadeh, the country’s annual bitumen exports stands at $1 billion. Qatar, South Korean, India and Malaysia are among the main destinations of Iran’s bitumen.
Iran also ships around 500,000 tons of cement annually to the neighboring countries including Turkey, Afghanistan and Iraq.
Earlier, it was announced in mid-January that Iranian researchers had produced a new type of state-of-the-art bitumen based on the global standards whose quality could change based on the volume of traffic.
There are different types of bitumen in Iran based on the Performance Grade (PG) which have been categorized since four years ago and are produced depending on weather conditions in various regions.
Iranian researchers have now succeeded in the production of a new type of bitumen, based on normal, heavy, very heavy and extra heavy traffic, which also enjoys the quality of being produced for different weather conditions.
Iran is one of the major exporters of bitumen to the world.
Iran exported 2.38 million tons of bitumen worth $561 million during the first eight months of the current Iranian year (March 21, 2018-Nov 21, 2018) registering a 16.15% increase in value compared with last year’s corresponding period.
A majority of the exports were made from the Southern Iranian province. A total of 1.68 million tons of bitumen worth $395 million were shipped from Hormuzgan province during the eight months, up 19.34% in value year-on-year.
source: FARS News Agency
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