October 8, 2026: Bharat Petroleum Corporation Limited has started operations of Bharat Tiki Tar Shell Pvt Ltd, its bitumen partnership with Shell Gas B.V. and Tiki Tar Industries.
The company said the move follows a joint venture and share subscription agreement signed on 26 June 2026. Tiki Tar and Shell India Pvt Ltd, formed in 2019, has been renamed Bharat Tiki Tar Shell Pvt Ltd.
The venture will produce, market and sell value-added bitumen, including polymer modified bitumen, crumb rubber modified bitumen and bitumen emulsions. BPCL said these products are used on national highway projects and airport runways because they offer greater durability, temperature stability and a longer service life. It will also work on decarbonisation and waste circularity in paving.
(Source: News IP)
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