![]() Financial Daily from THE HINDU group of publications Thursday, Jan 27, 2005 |
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Corporate
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Alliances & Joint Ventures Tinna Overseas to supply bitumen modifier to Pakistan, Bahrain Our Bureau
New Delhi , Jan. 26 DELHI-based Tinna Overseas Ltd (TOL) has joined hands with Pakistan's National Refinery Ltd (NRL) and Bahrain Petroleum Company (BAPCO) to launch rubberised bitumen for roads in the two countries. Pakistan and Bahrain would use the TBM super bitumen modifier developed by TOL, the company said in a statement here on Wednesday. TOL has also received an invitation from Bhutan to give a demonstration of its TBM super on a 100-metre stretch at a high altitude. Besides, the company is planning to launch TBM super bitumen modifier in Sri Lanka, Bangladesh and China in the next two years. TOL Director (Marketing), Mr D.P.L. Nanda, said the company was conducting technical studies to adapt TBM super to climatic conditions in different countries. "The refineries have shown keen interest since they stand to gain through the tie-up due to added margins on sale of rubberised bitumen and increase in production without any capital expenditure," he said. The quality of bitumen, the main binder for making roads, has a vital effect on the longevity of roads and riding comfort of users. The TBM Super modifier, a rubber additive developed by TOL in 1996, helps in enhancing the properties of bitumen by adding visco-elastic properties of rubber. TBM Super is made by chemically treating shredded rubber and other additives such as natural asphalt.
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