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asphalt
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asphalt

Mineral mixture containing semisolid brown or black bitumen, used in the construction industry. Asphalt is mixed with rock chips to form paving material, and the purer varieties are used for insulating material and for waterproofing masonry. It can be produced artificially by the distillation of petroleum.

The availability of recycled coloured glass led in 1988 to the invention of glassphalt, asphalt that is 15% crushed glass. It is used to pave roads in New York.

Considerable natural deposits of asphalt occur around the Dead Sea and in the Philippines, Cuba, Venezuela, and Trinidad. Bituminous limestone occurs at Neufchâtel, France.
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Its primary technology, the Hydroconversion Upgrader (GHU), is a proprietary upgrading process that converts low margin heavy crude oils, typically sold as ashphalt or heating oil, into lighter low sulfur crude oil that can be sold as gasoline and jet fuel.
ValueRich Small-Cap Financial Expo Miami 2006 Exhibitor Profiles by Business Wire
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