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Thursday, May 2, 2024

Tasco looking to Venezuelan crude oil

A road surface finished with asphalt produced by Tasco. The company expects domestic asphalt sales to improve next year.

SET-listed Tipco Asphalt (Tasco), a Thai asphalt manufacturer and supplier, expects to resume buying inexpensive heavy crude oil from Venezuela to deal with the company’s raw material constraints, following the easing of trade sanctions imposed by the US on the Latin American country.

The US Office of Foreign Assets Control issued General Licence…

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