Showing posts with label color bitumen. Show all posts
Showing posts with label color bitumen. Show all posts

September 21, 2017

Tender Sytesm Vs Cops




Systemic delay in repairing roads.Systemic delay in repairing roads.


HYDERABAD: The long-drawn tender process followed by the Greater Hyderabad Municipal Corporation (GHMC) for relaying dug-up roads should either be done away with completely or streamlined to put the city's road infrastructure back on track, feel traffic cops.

Pointing out that currently it takes at least six months to complete just the tender process for restoration of dug up roads, which the city just cannot afford, traffic cops said there are several instances of road stretches being dug up repeatedly and not being re-surfaced, leaving behind un-motorable roads as the civic body's tender process takes its own sweet time.

As per the current system, when an agency seeks permission from GHMC for road digging, cost of required restoration work has to be submitted by the agency to the civic body before taking up the work. However, the tender process for restoring roads starts only after digging is completed.

"While it not possible to refuse permission for any development work, in most cases the contractor just dumps mud or loose gravel on the stretches. It is the gap between the completion of work and the actual filling of the road that results in traffic woes. We have suggested that the procedural fulfilling of tender be done away with and the road be filled immediately after the work is done," said AV Ranganath, deputy commissioner of police, traffic (Hyderabad II).


In fact, Malkajgiri, Anandbagh, Banjara Hills (Road No 5), Ayyappa Society , Secunderabad, LB Nagar, Bowenpally , Madhavpuri Hills, Chandanagar, PJR Enclave, KPHB and Sultan bazaar are examples of areas where such dug up road stretches have become a never-ending nightmare.


"The Maharani Jhansi Road from Putlibowli Chowrasta to Afzalganj has been in a poor condition for the past two ye ars. Only surgical repair work by pouring bitumen is done after the frequent digging work," complained resident Balasubramanyam Perugu.

TOP COMMENT

Yingo !! Faashtu Traaku antay Naakishtamochhinonkisthaa .. annattu .. Gadhay Dora & Son (P) Ltd ku gaavaalay .. Ovvallathono Jeppichhi, Nijamganay Sathrolaipoyindhi "processu" anjeppi S... Read MoreArey O Sambha


Chandramohan Singh, a resident of Marredpally , said, "The road from Reliance Fresh super market to the check post in West Marredpally was repaired about six months back but is back to its potholed self. Even the road near Lions Hospital, which was dug up for laying drainage pipes, has not been restored."


While GHMC authorities admitted the tender process takes at least two months, they said that in the case of Malkajgiri the delays stretched to nearly a year because the payment was completed only recently by Water Board, which has taken up pipeline laying work. "Once the work is completed, estimates are drawn up and sent for sanction. Then a tender is called for and a contractor is decided. The process requires at least two months.While dealing with other departments we can't press for payment beforehand," said M Shanker, deputy chief engineer, maintenance, GHMC.

Source- Times of India

October 10, 2016

TOT or Advance Selling of Human Traffic Loads ?

The National Highways Authority of India (NHAI) is preparing to start the process of monetizing toll-based operational road assets under the toll, operate and transfer (TOT) model, aimed to bring new investments to the highways sector.

“We have not as yet floated tenders to monetize road assets, but are preparing to do so. We expect to begin doing this in 2-3 months’ time under the TOT model,” NHAI chairman Raghav Chandra said in an email response to queries from Mint.

This will be India’s first exercise in auctioning NHAI’s operational projects after a cabinet clearance in August. The proceeds will fund new highway projects under various models.

NHAI is currently working on the guidelines for TOT, under which the investor will collect tolls and be responsible for operation and maintenance of the project. The TOT model will be essential to attract long-term foreign investment, financial investors and investment bankers told Mint.

NHAI can lease up to 75 national highway projects which are fetching tolls for at least two years to various entities on the TOT model. The overall annual toll collected from these projects is about Rs2,700 crore, against which NHAI can expect to raise Rs25,000-30,000 crore by granting 30-year concessions, said Ashish Agarwal, director (infrastructure) at investment bank Equirus Capital.

The TOT model is long overdue, said Gautam Bhandari, partner at I Squared Capital, a US-based investor in road projects. “We are hopeful that NHAI finally does launch its TOT programme so that it can serve as a model for other sectors as well. As a global investor, we believe that NHAI’s TOT model, if executed properly, could be a win-win for everyone. Proceeds from TOT auctions will free up valuable taxpayer capital that can then be recycled for much-needed new infrastructure projects,” he said.

I Squared is looking to invest as much as $1 billion in Indian infrastructure. It has invested more than Rs1,000 crore through its investment platform Cube Highways and Infrastructure Pte. Ltd in three road projects so far.

IDFC Alternatives, which has bought controlling stakes in operational road projects, is waiting to see the fine print. “The good part is that in the TOT model, there are far less variables and concerns to be addressed as compared to projects with embedded construction risks. The differences in the bids here would be more a function of how differently each investor views the traffic growth rates, maintenance costs, synergies with other projects in one’s portfolio, if any,” said Aditya Aggarwal, partner (infrastructure), IDFC Alternatives.

There is significant interest from international infrastructure funds in the Indian road sector, said Rahul Mody, managing director, Ambit Corporate Finance Pvt. Ltd. “The TOT model is an excellent idea. The model takes away two key risks in the road sector—delays or cost overruns and initial traffic discovery—as the assets that will be offered under this (model) will be operational with some tolling history; hence it should attract considerable interest from Indian companies as well as foreign investors,” Mody said.

“The model can be an avenue for NHAI to raise upfront capital to fund the EPC and HAM projects; opportunity to feed the increasing number of pension funds and infrastructure investors having access to low cost capital and further deepen the infrastructure market; and allowing players to choose better the nature of risk-reward play they want to play in the road sector,” Agarwal said.

Source- LiveMint

September 29, 2016

Global Bitumen Market

The global bitumen market is forecast to grow at a Compound Annual Growth Rate (CAGR) of four percent between 2015 to 2020, and the world’s largest energy traders such as the Vitol Group and the Trafigura Group Pte. are in a race to increase their market share.

The bitumen market was valued at around $75 billion in 2014 and is expected to reach $94 billion in 2020, according to a report by Zion Research, titled, “Bitumen (Paving Bitumen, Oxidized Bitumen, Cutback Bitumen, Bitumen Emulsion, Polymer Modified Bitumen and Others) Market for Roadways, Waterproofing, Adhesives, Insulation and Other Applications - Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”.

Bitumen is a semi-solid form of petroleum, which is used to make asphalt for roads, waterproofing for roofs, insulation, and adhesives. It is either obtained by distillation of petroleum or is available naturally, such as in Canada’s oil sands.

Bitumen is used mainly in road manufacturing. A surge in road construction activity in Asia will propel growth for the product going forward. 75 percent of the global consumption of bitumen was used for road construction in 2014.

Waterproofing of roofing and building construction was the second major consumer of bitumen in 2014. Increased construction of homes to cater for the growing population is likely to add to the bitumen demand in the future.

Along with roofing, polymer modified bitumen (PMB), which is used as a chemical additive and adhesive, will witness rapid growth compared to other forms of bitumen.

Trucks, trains, and barges have been used traditionally to transport bitumen from refineries to local consumers; however, a drop in supply from the aging refineries in the U.S. and Europe has necessitated the use of oceangoing tankers, to supply the material from its source of production to the end consumer.

Vitol, the largest independent oil-trading house teamed up with U.S.-based Sargeant Marine Inc., which distributes asphalt to customers worldwide to form Valt, which operates the world’s largest dedicated asphalt fleet, handling parcel sizes from 20 metric tons up to 37,000 metric tons through its fleet of fourteen specialist vessels, according to its website.

“It used to be mostly a small distribution business,” Chris Bake, a senior executive at Rotterdam-based Vitol, said in an interview. “Now it is more of a whole arbitrage business requiring a global reach and shipping capacity,” reports Bloomberg.

Trafigura group is also not far behind. Its Singapore-based unit, Puma Energy has added four new bitumen vessels, taking the total number of vessels to 11, which cater to the Asian markets.

“We see a definite upward trend in the number of nautical miles for bitumen,” said Valt Chief Commercial Officer Nick Fay, who estimates an annual increase of about 7 percent. “All the new refineries that are getting built don’t make bitumen,” reports Bloomberg.

The Guvnor Group is planning to invest in the Perth Amboy asphalt refinery and storage facility in New Jersey, which has been shut since 2008, reports Bloomberg.

There is hardly any public information about the bitumen market, which makes it ideal for the large energy traders, who use their energy expertise and global connection to supply to far-off markets.

“There is a perception that the world is going to be more disconnected -- supply and demand-wise -- and we are there to help connect the dots,” Klintholm said.

Nonetheless, increased use of asphalt for roads and environmental concerns with bitumen manufacturing could pose a risk for the growth of the bitumen industry in the future.

By Rakesh Upadhyay for Oilprice.com

July 20, 2016

The South African National Roads Agency (Sanral) his issued tenders to six pre-qualified bidders for each of the mega-bridges, over the Mtentu and Msikaba River gorges, that are to be part of the greenfield section of the N2 Wild Coast Road project.

This is in spite of the fact that the project, which has been dogged by controversy since its inception 15 years ago, still faces some unresolved legal issues. There was huge opposition from KwaZulu-Natal road users who expected to fund the project through increased tolling in their province. However, this opposition has fallen away as the KwaZulu-Natal section has been excluded from the project. The revised N2 Wild Coast Road Project runs from East London to the Mtamvuna River Bridge, a distance of approximately 410km.

Bizana residents fear being displaced and the Amadiba Crisis Committee has objected to the project, claiming it is linked to the Xolobeni dune mining proposal, against which they are fighting. Conservation organisations are bitterly opposed to the fact that the greenfields section of the proposed route will pass through the environmentally sensitive Pondoland Centre of Endemism, part of a global floral hot spot.

Sanral spokesman Mbulelo Peterson said that an open pre-qualification process had been followed before the issuing of the tenders. He said that, due to the size and complexity of the two bridges, which are expected to cost around R3,5-billion to construct, the tender periods were 18 weeks and 20 weeks respectively for the Mtentu and Msikaba Bridges. Tenders would close at the end of October for the Mtentu Bridge and early in November for the Msikaba Bridge. Construction of the bridges was likely to start early next year.

THE N2 Wild Coast road project was already well under way as Sanral had started working on it as soon as it had received the go-ahead from the Minister of Environmental Affairs in 2010. Mr Peterson said that, to date, Sanral had done extensive work on upgrading existing roads on the N2 between East London and Mthatha and on the future new N2 alignment along the current R61 route between Mthatha and Port St Johns.

All work already done on the N2 Wild Coast Road had been funded from non-toll funding and only the greenfields section of the route would be funded through a mix of government grant and tollings.

“Sanral, the Department of Transport and National Treasury are in discussion to finalise the funding model for the greenfields section. By law only roads funded through toll funding can be tolled and no cross-subsidisation of tolling is allowed,” he said.

This meant Sanral could not erect new toll booths or adjust tariffs at existing toll plazas within KwaZulu-Natal to fund roads in the Eastern Cape.

“New toll roads must be gazetted and go through an extensive public participation process after gazetting.”

In January this year, government gave the green light for the construction of the greenfields section of the project, between Ndwalane outside Port St Johns and the Mtamvuna River.

Mr Peterson said this part of the project would start with the construction of the massive bridges over the Mtentu and Msikaba Rivers, which border the Mkambati Nature Reserve. Once these were under way, construction of the remaining approximately 110km of road, the seven additional river bridges and four interchanges would start.

Source - Southcoast Herald

February 18, 2016

Water Over and Under Bitumen

Repairs continue on Northern Territory's Buntine Highway after massive flood washes away sections of road

PrintEmailFacebookMore services2
Updated 18 minutes ago
The clean-up is continuing after recent severe flooding across the Top End's Victoria River District caused sections of the Buntine Highway to be washed away.
Media player: "Space" to play, "M" to mute, "left" and "right" to seek.

  00:00             00:00       
AUDIO: Gordon Atkinson from the NT Department of Infrastructure says five-metre sections of Buntine Highway bitumen were lifted and carried away by rushing water(ABC Rural)
The NT Department of Infrastructure has confirmed that whole five-metre sections of bitumen had lifted and been carried away by rushing water.
The department's Gordon Atkinson said the rain events had been bigger than anything seen over the past 10 years.
He said it was normal for road surfaces to be ripped up by such intense events.
"The bitumen has water running over the top of it and the water gets underneath and helps to lift it as well, a bit like an aeroplane wing," he said.
Mr Atkinson said the priority was to repair damage and make the highway operational, and that a longer road improvement would continue in the background.
"All our major repairs are finished, so the Buntine Highway is open to major traffic and there are no weight restrictions," Mr Atkinson said.
He said the last bits of resealing required would happen soon and drivers were safely doing 100 kilometres per hour over those sections.
Mr Atkinson said the "mountains of organic debris" left on bridges had been largely cleaned up, with a large quantity of snakes and spiders keeping workers on their toes.
"Nobody got bitten," Mr Atkinson said. "They are used to it now. They've got gloves on, they are using pitchforks, poles and chainsaws on long chain bars.
"They are ready to start running when the snakes appear."


February 3, 2016

Kuwait's Road Project


Mushrif Trading and Contracting Company (MTCC), a leading civil construction firm, said it has been awarded a KD14 million ($46 million) contract for road works aimed at improving traffic flow at Al Bidda Roundabout in the Kuwait City.

The MTCC contract signed by Ministry of Public Works is one of several projects in its pipeline to upgrade and improve the country's road network. It is expected to be completed in the next two years.

Located on the city's eastern coastline where Al Blajat Street meets Al Ta'awon Street and the Fifth Ring Road, Al Bidda Roundabout is a busy junction that often suffers from a slowdown in the flow of traffic.

Given existent construction in the area surrounding Al Bidda Roundabout, no changes will be made to its current size and shape, said a statement from the contractor.

As per the deal, Mushrif 's role will be to construct a grade separated interchange at a north-south axis along the coastal roads, said a senior official.

"Mushrif has been a long-standing partner to the Ministry of Public Works on several projects over the last four decades and has delivered over 20 road projects since," remarked its chief executive Chris Preece.

"We are proud to be an integral part of Kuwait's ongoing development efforts and it's not only about improving traffic conditions, but playing a lead role in 'building' Kuwait," he stated.

According to Preeece, this is the second road contract to be awarded to Mushrif within the last four months.

"We had outbid nine major international and local contractors with an offer at KD82.8 million ($272 million) for ministry tender for a 40-km road serving new developments in the cities of Sabah Al Ahmad and Mina Abdulla including the Mina Abdulla industrial area, and allow for safe access to and from Al Wafra," he added.

In addition to protecting and relocating utilities in the area, Mushrif will be managing traffic during the construction phase to keep the busy Al Bidda Roundabout operational as per Ministry of Interior (MoI) requirements, revealed Preece.

It will also work closely with MoI to install ducting, cabling and CCTV masts for future traffic surveillance and management, while relocating existing security cameras, he added.-

Source - TradeArabia News Service

December 15, 2015

Heavy Crude Spill Study

Refugio Rupture Informs Heavy Crude Spill Study
Environmental Consequence of Diluted Bitumen Spills Analyzed

A new study states that diluted bitumen, a raw material used as a feedstock in oil refineries, turns into a “heavy, viscous, particle-laden residue” after days of exposure, say, in ocean water after an incident like the Refugio Oil Spill.

That’s not unlike the type of oil found on the beach and in the water by the people who attempted to restore the shore this past May.

The heavy crude that befouled Refugio may not literally be diluted bitumen, explained UCSB geochemist David Valentine, but it has characteristics that are more like diluted bitumen than the lighter oils to which current spill response is tailored.

For instance, heavy crude tends to sink instead of float on the surface, and it is very sticky. Valentine is among the authors of the paper and also a scientist researching the aftermath of Refugio, which gave a first-hand case study of spill response.

The environmental risks of crude oil transport have been recognized since Santa Barbara’s blowout in 1969, the study says, and the 2010 bitumen spill into Michigan’s Kalamazoo River, among others, caused the Department of Transportation (DOT) to ask scientists if the potential environmental consequences of a bitumen spill were significantly different from a spill of “light” or “medium” crude.

Often extracted from tar sands, bitumen is too viscous to flow readily through pipelines, and oil producers commonly dilute it with lighter oils or condensed natural gas for pipeline transport. The study, titled “Spills of Diluted Bitumen from Pipelines:

A Comparative Study of Environmental Fate, Effects, and Response,” explains that “weathering” causes rapid physical and chemical changes to diluted bitumen after a spill, making it stickier and more dense than water.

The heavy crude from Canadian tar sands is commonly diluted, and the study lays out the Keystone pipeline proposal to move crude from Canada and other existing and proposed pipelines around the nation. (Though the study states the majority of California’s crude is moved through heated pipes, in Santa Barbara County, the main transport pipelines are insulated, not heated, and carry oil that has been heated and blended with natural gas liquids, according to the county’s Energy Division.)

The report, prepared for the DOT and published by the National Academies of Sciences, Engineering, and Medicine, also states its findings translate to transport such as truck and rail.

“Although many differences between diluted bitumen and other crude oils are well established, some remaining areas of uncertainty hamper effective responses to spills,” said Valentine, a professor of microbial geochemistry in the Department of Earth Science, in a UCSB press release.

“Further research is needed in a range of areas, including the ecological and human health risks posed by weathered diluted bitumen, techniques to capture submerged oil in moving water, and the application of advanced chemical approaches to understand the compositional changes to diluted bitumen in the environment.”

Given the new information about diluted bitumen, the report makes recommendations that the Coast Guard reclassify the substance as a nonfloating oil and that the National Oceanic and Atmospheric Administration (NOAA) create a database to predict possible locations of future bitumen spills.

It further advises the Pipeline and Hazardous Materials Safety Administration (PHMSA), which is a branch of the DOT, to modify transport rules to recognize the special hazards presented by diluted bitumen.

Source- The Independent

October 20, 2015

Reverse Split and Merger- Sign of Consolidation in Bitumen Industry

(GLOBE NEWSWIRE) -- Epcylon Technologies, Inc. (OTC PINK:PRFC) ("Epcylon" or the "Company") announces that it has entered into a Memorandum of Understanding (MOU) with Bitumen Capital Inc. (TSXV: BTM.H) ("Bitumen") whereby Bitumen and Epcylon will enter into an Asset Purchase Agreement (as defined hereunder) (the "Transaction") which will constitute Bitumen's qualifying transaction (the "Qualifying Transaction"), as per Policy 2.4 of the TSX Venture Exchange (the "Exchange" or "TSXV").

Pursuant to the terms of the MOU, subject to execution of a definitive asset purchase agreement ("Asset Purchase Agreement") and receipt of applicable regulatory and Exchange approvals, Bitumen will issue to Epcylon's shareholders 182,202,994 common shares of the CPC in exchange for all the assets of the Company, as further agreed upon by the Parties. The MOU is intended to be binding upon the Parties until execution of the definitive Asset Purchase Agreement.

There are currently 13,150,001 common shares of the CPC issued and outstanding and 1,315,000 allotted stock options entitling the holders, certain officers and directors of Bitumen to acquire common shares of the CPC (the "Stock Option(s)"). Each Stock Option entitles its holder to acquire a common share of the CPC at a price of $0.10 per common share at any time up to October 17, 2017. Upon completion of the Transaction, all of the 1,315,000 issued and outstanding Stock Options to officers and directors of Bitumen shall be cancelled.

Prior to closing of the Transaction, Bitumen will complete a reverse split of its common shares consisting in one (1) old share for 0.538 new shares, resulting in an aggregate number of 7,000,000 issued and outstanding common shares of Bitumen.

Current shareholders of Bitumen will hold approximately 3.7 per cent and current holders of the Company will hold approximately 96.3 per cent of the resulting issuer's common shares issued and outstanding before giving effect to the Private Placement described below.

The Transaction is not a "Non-Arm's Length Transaction" under the Exchange's policies.

Concurrently with the Qualifying Transaction, the parties intend to complete a non brokered private placement for total proceeds of USD$1,000,000 consisting of secured convertible debentures with a three (3) year term and yielding at 8 per cent at a price of US$0.20 per secured convertible debenture and one half share purchase warrant, each whole share purchase warrant entitling its holder to purchase one common share of the Resulting Issuer at a price of USD$0.30 per common share within 24 months from the date of the issuance of the warrant (the "Private Placement").

Closing and final acceptance of the Transaction are subject to the satisfaction of certain conditions, including the completion of a satisfactory due diligence, the execution of the Asset Purchase Agreement, obtaining required approval by shareholders, if applicable, third party and regulatory authorities and completion of the Private Placement. There are no guarantees that the Qualifying Transaction will be completed as proposed or at all.

- See more at: http://globenewswire.com/news-release/2015/10/19/777358/10152877/en/Epcylon-Technologies-Inc-Enters-Into-MOU-With-Bitumen-Capital.html#sthash.dPRf10Fj.dpuf