Key facts
- Iranian bitumen priced on the PGFO index, bought through the Iran stock exchange.
- Base price follows the Persian Gulf Fuel Oil (PGFO) index.
- Main importing countries: India, China, the UAE, Kenya and Turkey.
- Bought through the Iran stock exchange; see How to buy for the contract and payment flow.
- Delivery terms: EXW, FCA, FOB, CFR or CIF.
Bitumen types
Iran is one of the world’s largest bitumen producers and exporters. The base price follows the Persian Gulf Fuel Oil (PGFO) index. Iranian bitumen is valued for durability, viscosity and weather resistance, and goes to India, China, the UAE, Kenya, Turkey and other markets. Choose a type to see its grades and specifications.
Penetration Grade Bitumen
Grades from 10/20 to 200/300 for road construction in every climate.
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Viscosity Grade Bitumen
Bitumen graded by viscosity (AC and AR series, VG grades).
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Performance Grade Bitumen (PG / PLUS PG)
Binders matched to traffic load, tested with the MSCR method.
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Functional (Modified) Bitumen
Modified bitumen for durability, temperature resistance and adhesion.
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Emulsion Bitumen
Bitumen and water emulsions in cationic and anionic grades.
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Soluble (Cutback) Bitumen
Bitumen thinned with solvent, applied without heating.
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Nanocomposite Bitumen
An emerging technology: nano additives for harder, more heat-resistant binders.
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Packaging
Barrel
One of the most common packaging methods. Hot bitumen is poured into barrels, which are then sealed. The barrels protect the bitumen from the elements, so this suits long-distance transport.
Bitoplast
Polymer-modified bitumen packed in a special bag that withstands high temperatures. The bag melts together with the bitumen when heated, which makes it convenient.
Bitbag
A heat-resistant bag for packing and transporting hot bitumen, made from a material that withstands its high temperature. Cost-effective and environmentally friendly.
Jumbo bag
A large bag for bulk transport of bitumen, made from durable material that handles its weight and heat. Suited to large projects that need a lot of bitumen.
Other products
Copper cathode
Electrolytic and SX/EW cathode, Cu ≥ 99.994%, ASTM B115, up to 20,000 tons per lot.
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Sulfur and urea
Turkmen granular and lump sulfur, Iranian gas-origin sulfur, and granular urea 46%.
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Petroleum coke
Turkmen petroleum coke with 84.4% fixed carbon, 0.40% ash and 0.6% sulfur (sample analysis).
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