Bitumen is a semi-solid hydrocarbon product produced from refining crude but also occurs naturally. It is often referred to as asphalt, although to be precise bitumen is the black oil product whilst asphalt is a combination of bitumen and aggregate stone. It is primarily used in construction, mainly in roofing and road surfaces.
Iridium Energy has an expanding presence in bitumen, we are involved in the supply as well as offering off-take solutions such as bespoke compact bitumen terminals.