Markets are fragmented or periodically volatile. As a result, price discrepancies often occur between the prices at which bitumen can be bought or sold in different geographic locations or time periods. Other factors include freight and product quality.

These pricing discrepancies in different geographic regions can offer us arbitrage opportunities based on our ability to find and transport the products.

Our global relationships give us the skill to source product in one location and deliver in another, always taking into account transportation or transaction costs.