Latest Value-added bitumen News & Updates

New Delhi, June 29 (IANS) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Monday announced that it will acquire a 40 per cent stake in Tiki Tar and Shell India Pvt Ltd (TTSIPL) for Rs 85 crore to strengthen its presence in the rapidly growing value-added bitumen (VAB) market.The strategic investment is aimed at accelerating BPCL’s expansion in India’s infrastructure sector, where demand for specialised bitumen products is expected to grow alongside road and airport construction, the PSU f…