Skip to main content

Shell bitumen agrees supply deal for Indian market

Shell Bitumen has signed a partnership arrangement for the Indian market with Tiki Tar Industries. This will allow the firm sell bitumen to customers in the road surfacing sector, including national and state highways, airport runways and village roads in India. Tiki Tar and Shell India is a 50:50 incorporated joint venture between Shell and Tiki Tar Industries,. The new partnership will supply and market an extensive range of bitumen products based on the Shell Bitumen product portfolio. “This partnership
October 25, 2019 Read time: 2 mins
Shell Bitumen has signed a partnership arrangement for the Indian market with Tiki Tar Industries. This will allow the firm sell bitumen to customers in the road surfacing sector, including national and state highways, airport runways and village roads in India. Tiki Tar and Shell India is a 50:50 incorporated joint venture between Shell and Tiki Tar Industries,. The new partnership will supply and market an extensive range of bitumen products based on the Shell Bitumen product portfolio.


“This partnership enables Shell Bitumen to grow our global footprint by expanding into India, one of the world’s fastest growing economies and a key growth market for Shell,” said Jason Wong, vice president of Shell Global Bitumen and Sulphur. “Together, Shell’s global brand and technology leadership and Tiki Tar Industries’ established manufacturing and supply chain network are well-placed to cater to the growing demand for bitumen due to the expansion of road networks in India,” he added.

Related Content

  • Global pressures driving bitumen developments
    June 19, 2015
    A raft of global pressures is driving developments in the materials and equipment we use for the handling, storage and treatment of bitumen. The goal is to achieve better performance and longer life for less financial outlay, and at the same time overcome the challenges of inconsistent and varying bitumen supplies. Kristina Smith reports.
  • Bonfiglioli’s transmission deal
    October 11, 2018
    Bonfiglioli and CVTCORP have signed a licensing agreement regarding transmissions. Under the terms of the deal, Bonfiglioli has an exclusive licensing agreement for Bonfiglioli to manufacture and sell CVTCORP’s patented mCVT technology for telehandlers and other equipment. These innovative high-efficiency mechanical Continuously Variable Transmissions (mCVT) suits use in the off-highway market. The cooperation between Bonfiglioli and CVTCORP will include developing a full line of transmissions based on the
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.
  • Global bitumen market value to grow
    July 30, 2018
    A new report suggests that the global bitumen market will hit US$110 billion/year by 2024. This new report has been compiled by the market research and strategy consulting firm, Global Market Insights, Inc. The report includes key industry contributions from Chevron Texaco, British Petroleum, Total SA, Indian Oil Corporation, China Petroleum and Chemical Corporation and Shell. It also includes JX Nippon Oil & Energy, NuStar Energy, Petroleos Mexicanos, Villas Austria GmbH, Bouygues SA, Marathon Oil, Exxon M