ASPHALT SUPPLY/DEMAND IN THE 1980'S

From year end 1970 to year end 1979 asphalt demand in Canada has had an average annual growth of 3.9 percent. Asphalt demand in the 1980's is expected to moderate to an average annual growth of 2.7 percent. It is expected that there will be sufficient supply of heavy western Canadian crudes of good asphaltic properties to meet western Canada's asphalt demand in the 1980's. With completion of announced expansions and new asphalt production facilities, asphalt supply will likely exceed demand for a number of years. Whether heavy crudes are used to produce asphalt, or upgraded into lighter fuel products may be influenced by asphalt demand, asphalt market prices, and the value of lighter fuel products from the upgraders less upgrading costs and return on capital. Our current research indicates that soft asphalt cements are the prefered softening agents in most situations, so it is expected that supplies of specialty oils for recycling will be adequate to meet demands. (a) (TRRL)

Media Info

  • Features: Tables;
  • Pagination: p. 98-104

Subject/Index Terms

Filing Info

  • Accession Number: 00369814
  • Record Type: Publication
  • Source Agency: Transportation Association of Canada (TAC)
  • ISBN: 0-919868-16-9
  • Report/Paper Numbers: Proceeding
  • Files: ITRD, TRIS
  • Created Date: Feb 28 2000 12:00AM