Bitumen & Asphalt

Milford, Connecticut - Asphalt Prices for 2022 are now available for this paving season. BYLT™ has completed it's national annual spring asphalt cost review. In this release we will provide cost data sampling for the United States North East Region including New England. Asphalt Price & Cost Considerations Some notes to consider…

United States Of America - Oil Rigs and taps active and coming online are trending higher according to industry tracking reports by the company BAKER HUGHES. A sign future output will grow domestically but more work is needed as political struggles continue. Since 1944, when Baker Hughes Company began weekly counts of drilling activity in…

Washington, D.C. - Asphalt and Concrete have some explaining to do as requests for alternatives are sought by the GSA. The General Services Administration (GSA) of the United States has officially announced actions to reduce emissions from building materials as part of a broader government-wide effort to strengthen American leadership in the field…

United States Of America - A BYLT:™ survey of asphalt plants located in Boston, Rhode Island, Connecticut and California reported that plants have a steady supply and prices ranged from $80-$98 per ton of HMA. Despite increases in raw materials and port bottlenecks on all coasts asphalt prices have remained steady for the end user contractor. …

Washington DC - The Payroll Report from the BLS was far from optimistic across the board undermining the theory if unemployment benefits were cut payrolls would rise. Although the Nation as a whole saw a report that was far less then predicted the AEC related segments show promise. Segments in the construction related indicators compiled by…

Shandong, China - Asphalt Bitumen continues to be a work around import in China. S&P Global reports Canadian "oil sands" are now a goto option of import to China. Sources from S&P state in August, Canadian oil sands were made available to independent refiners in order to economize on taxes and quotas. -Oil sands are imported as natural…

Washington, DC - US futures rose on Monday, attempting to recover from last week's massive losses, which saw the S&P 500 post its worst performance since June and the Nasdaq post its worst performance since July. Traders continue to analyze evidence of slowing growth in the face of the spread of the coronavirus delta variant, uncertainty…

Efforts to reduce emissions from cities have been focused on transportation and building energy consumption. However, it is likely that asphalt emissions are being underestimated or even ignored, according to a 2020 study published in the Science Advances journal. The global demand for liquid asphalt is 122.5 million metric tons per year, and 27…

United States of America- So far this year, the Maine Department of Transportation has rejected bids on at least 15 projects because the contractors' bids were significantly higher than the department's budget. Maine DOT has canceled 17 percent of its paving projects for the year as inflation ate sustainability out of production to cost ratio.…

            St. Louis, Missouri- (VMC ) (U.S.: NYSE) Vulcan Materials is behind the sale of asphalt and construction material supplier Fred Weber Inc., after selling a great portion of its company assets to New Frontier Materials; an investment group composed within Vulcan Materials. (VMC ) (U.S.: NYSE) …

Shandong Port, China- Is China's shortage of crude import forcing the country to resort to importing enormous amounts of bitumen blend? Trading companies and independent refiners have been importing huge numbers of bitumen blend that come with a burly consumption tax. Crude oil in contrast, is free from both import and consumption taxes. …

Palmer, Alaska — Colas, one of the largest construction and asphalt producers in the world received news they are not used to hearing. Mat-Su officials denied a permit this week for a large gravel pit proposed for the quiet Meadow Lakes neighborhood off the Parks Highway. The decision announced Monday night creates a potential conflict with…

Chicago, IL-   The U.S. Environmental Protection Agency is diligently working with the state to secure the promise that MAT Asphalt is operating within safe and legal jurisdiction. The asphalt plant is located on Pershing Road across from McKinley Park in Chicago. The EPA is…

Colorado, United States Of America- The Asphalt shortage triggered in Colorado is shocking as we track causes, possibilities and risks. The limitations are so severe that even Colorado Asphalt Works, Inc., a renowned company established in Commerce City, is encouraging their employees to reschedule or cancel their shifts as a result of the…

ADA, OKLAHOMA— LegalShield today released its May Economic Stress Index, a collection of leading indicators of household and small business economic and financial health in the United States. Two of its subindices, the LegalShield Housing Construction and Housing Sales Indices, both increased for the third consecutive month to new…