PASARGAD OIL COMPANY. gas and power THE BIGGEST PRODUCER OF BITUMEN IN IRAN MISSION AND VALUES

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1 PASARGAD OIL CO. gas and power PASARGAD OIL COMPANY THE BIGGEST PRODUCER OF BITUMEN IN IRAN Pasargad Oil Company (POC) which is established in 2003 as an Iranian manufacturer is playing a major role as the largest bitumen supplier in the Middle East and the Indian Ocean Rim. The company supported by its skilled-manpower, six plants all around the country and the port terminals, is always ready to supply the customers with various types of bitumen in compliance with the international standards in any required types of packing and on time different terms of delivery to their full satisfaction. The company s annual production capacity is about 3.5 million metric tons, and it is determined that, added to the normal range of the products, which are being manufactured under the supervision of well-experienced engineering team, the bitumen can be easily customized to meet the particular requirements of the customers. This kind of customization will be done and planned in Pasargad s R&D department and in close connection with the plants labs which are fully equipped with the latest modern testing instruments. MISSION AND VALUES Pasargad Oil Company seeks to contribute to boosting living standards through participation in the development of roads and supplying industrial need for bitumen products. To that effect, POC assumes all its responsibilities under the aegis of its committed, qualified, motivated, dynamic and innovative staff. Due to its customer-oriented nature, POC respects all rights of its stakeholders and all people involved in the production, transportation and consumption chain.

2 FACILITIES AND EQUIPMENT Poc with two export terminals and storage capacity of more than tons of bitumen, has a significant portion of Iran s bitumen export market. The strategic location of the six plants located at Tehran, Tabriz, Arak, Shiraz, Bandar Abbas and Abadan refineries has facilitated export of bitumen via different custom checkpoints. PRODUCTS PASARGAD OIL COMPANY IS ABLE TO PRODUCE DIFFERENT TYPES OF BITUMEN IN COMPLIANCE WITH INTERNATIONAL STANDARDS (ASTM-D 3381, AASHTO-M226, EN)

3 OXIDIZED BITUMEN Oxidized bitumen is mainly used for industrial purposes, such as roof insulation, flooring, industrial mastics, pipe coating, and paints. Oxidized bitumen is categorized based on softening points and penetration rate. For example, oxidized bitumen 85/40 is a type of bitumen whose softening point is 85±5 degrees Centigrade and its penetration rate is 40±5 dmm. Oxidized bitumen is also expected to make up for weight loss under heat. The softening point in oxidized bitumen is much higher than in regular bitumen, causing lower thermal sensitivity. The penetration index (PI) in oxidized bitumen is higher than in road construction bitumen (8>PI>2) because the letter has a gel-like structure due to asphalt accumulation. The following table shows different grades of oxidized bitumen: PENETRATION GRADES Penetration-grade bitumen is mainly used in road surfacing. Bitumen with lower penetration grade is used in the regions with warm climate while higher penetration grade is used in colder weather. Pasargad Oil Company is capable of producing different grades of road surfacing bitumen in compliance with national and international standards. VISCOSITY GRADE Bitumen is graded based on absolute viscosity at 60 ºC or kinematic viscosity at 135 ºC. The SI physical unit of dynamic viscosity is Poise and kinematic viscosity is expressed in CentiStokes. Pure bitumen has been graded based on AASHTO-M226 and ASTM-D3381 standards.

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5 PERFORMANCE GRADE (PG) PG is the latest standard of the day. This relatively new method classified bitumen is based on varying temperatures. It is a fully scientific method studying the mechanical specifications of bitumen. In this method, a temperature range is defined for bitumen and the consumer can easily choose the desired product. Having installed SHRP systems, Pasargad Oil Company is capable of selling bitumen to its customers based on PG method. Today, a PG is defined for polymer modified bitumen and pure bitumen based on environmental conditions and temperature. A wider PG range means higher resistance and more favorable specifications. Pasargad Oil Company has the capacity to produce all these grades. This company first conducted climate zoning in Iran to specify the appropriate bitumen for different geographical zones. CUTBACK BITUMEN Bitumen is cutback by adding controlled amounts of petroleum distillates, such as kerosene. This is done to reduce the viscosity of the bitumen temporarily so it can penetrate pavements more effectively or to allow spraying at temperatures that are too cold for successful sprayed sealing with neat bitumen. The materials used to cutback bitumen will evaporate after application to leave the remaining material similar in hardness to the original bitumen. Cutback bitumen is used when there is limited access to heating equipment and bitumen may be cooled throughout working. This type of bitumen is used in road operations for surfacing and pavement. Medium-Curing (MC) bitumen is achieved from solving pure bitumen into kerosene. Cutback bitumen is classified based on viscosity grade. It is divided into three categories: - Rapid-Curing (RC) :The cutback bitumen is known as rapid-curing (RC) if the bitumen is solved in gasoline. The reason is that evaporation occurs quickly and the bitumen is deposited. - Medium-Curing (MC) :MC cutbacks are prepared by solving bitumen in kerosene which evaporates more slowly than gasoline. - Slow-Curing (SC) :Slow-curing cutback may be achieved from solving bitumen in gasoil or fuel oil or directly from distillation of crude oil.

6 BITUMEN EMULSIONS Bitumen emulsions are two-phased systems consisting of bitumen, water, and one or more additives to assist in formation and stabilization and to modify the properties of the emulsion. Bitumen emulsions can be divided into four classes. The first two are, by far, the most widely used: - Cationic emulsions - Anionic emulsions - Non-ionic emulsions - Clay-stabilized emulsions Bitumen emulsions are divided into three categories in terms of setting: 1. Rapid-setting (RS) 2. Medium-setting (MS) 3. Slow-setting (SS) POLYMER MODIFIED BITUMEN Polymers represent the most important family of bitumen modifiers. Depending on the type of polymer, the specifications of bitumen under different temperatures change. For example, polymers make bitumen resistant to heating cracks. Modifying the bitumen specifications boosts the quality of the product and increases its longevity. As a result, the costs of preservation will decline sharply. The daily growing development of polymers and their diversity have caused widespread research on these materials across the world. SBS is one of the best modifying polymers with both thermoplastic and rubber specifications. Although polymer modified bitumen costs higher than pure bitumen, they are considered to be more economical because of economic benefits of lower costs of road repairs. The polymers widely used for modifying bitumen are SBS, EVA, APP, LDPE, LLDE, HDPE, SBR, SEBS and SIS. CRMBs Using recycled rubbers in bitumen production will be of great help to the environment while it will help improve the mechanical specifications of bitumen to make asphalt more resistant. The R&D unit of Pasargad Oil Company has developed a formula for the production of Crumb Rubber Modified Bitumen (CRMB) which would contribute to more durable roads.

7 PACKAGING TYPES TANK, BARREL AND BITUPLAST

8 DRUM - Each trailer can carry 115 non-palletized and 90 palletized barrels. - Each 20ft container can accommodate 110 non-palletized and 80 palletized barrels. - Each 40ft container can accommodate 137 non-palletized and 150 palletized barrels BITUPLAST - Palletized box weight: KG - Number of packages in every palletized box: Each trailer can carry non-palletized and 450 palletized packages - Each 20ft container can accommodate 500 non-palletized and 430 palletized packages - Each 40ft container can accommodate 600 non-palletized and palletized packages

9 DELIVERY METHODS FCA FCA which stands for free carrier means that the seller delivers the goods to the carrier or another person nominated by the buyer at the seller s premises or another named place. FOB FOB which stands for Free on Board means that the seller delivers the goods on board the vessel nominated by the buyer at the named port of shipment or procures the goods already so delivered. CFR CFR which stands for Cost & Freight means that the seller delivers the goods on board the vessel or procures the goods already so delivered.

10 PASARGAD OIL CO. gas and power PASARGAD OIL COMPANY Contact List Web: Tel: