Ecopetrol set record in asphalt export in September
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Ecopetrol set record in asphalt export in September
Jan 5, 2021
- Product positioning and a robust business plan increased sales.
- The main export destinations were the United States, Puerto Rico and the Caribbean.
- It is expected to close 2020 with external asphalt sales above 135,000 tons.
Despite market volatility due to global restrictions caused by Covid-19, last September Ecopetrol's asphalt sales to international destinations reached 20,000 tons, the highest figure recorded by the company since 2008 when external sales of this product began with a volume of 6,800 tons.
The main export destination was the United States, followed by Puerto Rico, Caribbean islands, Mexico and Bolivia.
"This record positions Ecopetrol as a reliable supplier of asphalt, a product that contributes to the revival of economies, both in Colombia and in the rest of the region, for its positive impact on the construction of infrastructure works," said Pedro Manrique, Vice President of commercial and marketing of Ecopetrol.
In recent years, Ecopetrol has implemented actions to ensure that your asphalt meets the highest international standards, among which are the selection of raw to ensure the best quality of the product, as well as the optimization of the logistics operation in the Barrancabermeja refinery to increase deliveries.
In total, between January and September 2020, 114,739 tons of asphalt were exported, representing an increase of 67% compared to the same period of the previous year when 68,358 tons were sold abroad.
Ecopetrol projects to close 2020 with asphalt sales to international destinations above 135,000 tons, which would mean growth of more than 30% compared to 2019.
The company estimates that the supply of this product, both for the domestic and international market, will remain constant at around 60,000 tons per month in the coming years. As for national asphalt sales, in September they stood at 33,411 tons, a figure slightly lower than the 38,306 tons recorded in the same month of 2019.
In addition, Ecopetrol plans to advance the consolidation plan of this product abroad, which includes sales to new customers, as well as the incursion into deliveries in Colombian port.
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At Ecopetrol we use our energy to boost the country's Energy Transition, which is why we are building the second Mega Solar Park of the 7 that we will have. The San Fernando Solar Park will have 113 thousand state-of-the-art panels, thus becoming the largest renewable energy self-generation Center in Colombia and thus avoiding the emission of more than 500 thousand tons. CO2e. over the next 15 years, equivalent to the planting of over 3.9 million
We also continue to increase the supply of gas for more Colombians to access this resource, thus supporting economic development and improving the quality of life of millions of Colombians.
We are committed by 2030 to reducing routine tea burning to zero and 20% CO2 emissions. We also joined the “Zero Routine Flaring by 2030" initiative of the World Bank (WB)
