Shell expands bitumen market to Vietnam 0 SHARES Share it! Share TweetBy Myrna M. VelascoPublicly-listed Pilipinas Shell Petroleum Corporation has expanded its bitumen market to Vietnam, enabling it to fetch additional revenues from export of such commodity that started in the last quarter of last year, according to a high-ranking company executive. “In fourth quarter of last year, we made our first export of finished bitumen within the ASEAN region,” Shell Vice President for Finance Jose Jerome Pascual III adding its bitumen export debuted in Vietnam. “This gives us a lot of opportunity – with the hydrogen optimization we’re doing that will allow us to produce more residue for bitumen as well as diesel. It will enable the bitumen plant to produce the bitumen that’s required both domestically and the market that we see in the region,” Pascual emphasized.

Source: Manila Bulletin May 14, 2019 02:12 UTC