Bitumen Market Outlook 2017 to 2025, Future Growth & Industry Drivers
Bitumen is a mixture of black organic liquids that are highly sticky, viscous, and entirely soluble in carbon disulfide. Crude bitumen is so thick that it must be heated to make it flowing. Refined bitumen is the residual obtained by the fractional distillation of crude oil. Naturally available crude bitumen is the key feedstock for petroleum production from tar sands that is currently under development in Canada.
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