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Vineet Saxena

7th May 2025 · SEBI-Registered Analyst

GP Petroleums Enters Bitumen Market with Strategic JV📈

GP Petroleums has entered into a Joint Venture Agreement with West Coast Oils LLP on May 6, 2025. The purpose of this JV is to engage in the manufacturing and trading of specialty bitumen products and other allied commodities, including all types and grades of Bitumen Emulsions, PMB (Polymer Modified Bitumen), CRMB (Crumb Rubber Modified Bitumen), and other value-added bitumen products. This collaboration aims to leverage the combined resources and expertise of both companies to strengthen their presence in the bitumen market and drive future growth. ✅ GP Petroleums signs JV with West Coast Oils LLP 🛢️ Focus: Bitumen Emulsions, PMB, CRMB 🤝 Collaboration to drive innovation & growth 🏗️ Expansion into high-demand infrastructure products 🌍 Strengthening footprint in industrial sectors

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