Shell Bitumen has signed a partnership arrangement for the Indian market with Tiki Tar Industries. This will allow the firm sell bitumen to customers in the road surfacing sector, including national and state highways, airport runways and village roads in India. Tiki Tar and Shell India is a 50:50 incorporated joint venture between Shell and Tiki Tar Industries,. The new partnership will supply and market an extensive range of bitumen products based on the Shell Bitumen product portfolio.
“This partnership enables Shell Bitumen to grow our global footprint by expanding into India, one of the world’s fastest growing economies and a key growth market for Shell,” said Jason Wong, vice president of Shell Global Bitumen and Sulphur. “Together, Shell’s global brand and technology leadership and Tiki Tar Industries’ established manufacturing and supply chain network are well-placed to cater to the growing demand for bitumen due to the expansion of road networks in India,” he added.
