Phoenix Petroleum to set up asphalt business this yr

- pines, Inc. is planning to put up its own as

“Within the year, we will be having the as told reporters.

added they had not yet decided on the capacity of the facility.

“Our plan is with our partner to offer a different kind of technology for construction

there are a host of other applications where he explained.

opportunity for innovation and I think that is where we see the opportunity in the Philip

with Tipco Asphalt and PhilAsphalt to operate,

- deposits such as oil sands and pitch lakes or is obtained as a residue of the distillation of crude oil.

Technology, which is said to have advanced - proved power and acceleration.

convenience retailing business following its