In 2021, Iraq exported more than 1,661,043 tons of bitumen 60/70 to more than 20 countries.
In recent years, Iraq Bitumen 60/70 which is a positive spot test bitumen penetration grade has become popular in many markets due to its low price.
You can read more details about this type of bitumen on this page.
Iraq Bitumen 60/70 (Positive Spot Test)
Iraq Bitumen 60/70 raw material is the Vacuum Residue(VR). This material is the residue of heavy crude oil in the refinery distillation tower which has a high density.
The Sulphur content of the Iraqi Bitumen 60/70 is high which shows its impurity. Also, this type of bitumen has ductility approximately 64 cm.
Iraq Bitumen Price
Iraq Bitumen price is lower than the bitumen prices in other countries including Iran, Singapore and South Korea.
The pricing formula of Iraq Bitumen is based on the Persian Gulf Fuel Oil like Iran, but since it has lower quality compared to Iran bitumen, its price is approximately 10-20 USD lower than Iran bitumen price.
Iraq Bitumen Packing
Iraq bitumen can be packed in different types of packing including:
- New Steel Drum (200 KG, 180 KG, 156 KG)
- Jumbo Bag (250 KG, 1 MT)
Besides these two types of packing, generally it is available for the suppliers in the market to supply bulk bitumen which is carried by vessel. But most of the time, suppliers do not have any interest to supply bulk bitumen due to the high risks of transportations for both seller and customer.
Iraq Bitumen Inspection
The cargo should be inspected by an international inspection company like SGS or Geo-chem. The marking and packing, containers data, quantity and lab analysis will be approved by them.
A sample of SGS is shown in the below:
Iraq Bitumen Delivery Term
The Iraq bitumen is transferred to the Jebel Ali port from Umm Qasr or Basra in Iraq, then based on the customer’s request, it is feasible to deliver the cargo to the customer with both FOB and CFR delivery terms.
In the video below, you can see the loading of Iraq Bitumen 60/70 by the Infinity Galaxy team.
Iraq Bitumen Refineries
Only three refineries, located in Erbil, Sulaymaniyah and Basra, have the required technology to produce various grades of Iraq bitumen. But the 5 famous bitumen refineries in Iraq which are producing bitumen 60/70 positive spot test are as below:
- Unka Sun
- Frontier
- Majd Al Iraq
- Wataniya
- Storm Land
80% of the bitumen produced by these refineries are positive spot test and only 20% are negative spot test. Generally, the refineries in Iraq are not well equipped to produce all grades of bitumen.
Infinity Galaxy, Iraq Bitumen Supplier in the Middle East
Infinity Galaxy is a Dubai based company. We supply different grades of bitumen from 2012. From the beginning of the negotiation process to the final delivery of cargo, we accompanied our customers through these years.
Besides Iranian bitumen cargo which is one of the highest quality types of bitumen in the world, we supply Iraq bitumen 60/70 for the customers.
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