BUILT TO CONNECT Revealing Astec's new look and business model - Sripath Technologies

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BUILT TO CONNECT Revealing Astec's new look and business model - Sripath Technologies
AUGUST 2021

                                                      BUILT TO
                                                     CONNECT
                                                   Revealing Astec’s new
                                                 look and business model

                                                        CLOSING THE LOOP
                                                      Following the progress on
                                                     Melbourne’s North East Link

Official media partners of                         ROAD SAFETY IN FOCUS
                                                      Industry experts on how
                                                       to enhance road safety

     AUSTRALIA’S ONLY SPECIALIST ROAD MANAGEMENT, CONSTRUCTION AND CIVIL WORKS MAGAZINE
BUILT TO CONNECT Revealing Astec's new look and business model - Sripath Technologies
SRIPATH ON PATH TO
                                                       BITUMEN
Sripath’s products are used to
enhance the performance of bitumen
for paving and roofing applications.
                                                  ENHANCEMENT
WITH DEMAND FOR MODIFIED BITUMEN INCREASING WORLDWIDE, SRIPATH
TECHNOLOGIES IS ENSURING BITUMEN MANUFACTURERS AND CONTRACTORS HAVE
ACCESS TO QUALITY ADDITIVES TO ENHANCE BITUMEN PERFORMANCE.

T
        he global market for polymer              to better serve the Australian and New          paving binder. PGXpand is also an efficient
        modified bitumen (PMB) is projected       Zealand bitumen and asphalt markets. Roads      workability and compaction aid in paving
        to witness significant growth in          & Infrastructure caught up with Sripath’s       formulations, particularly in those stiffer
the coming years. This, as a recent global        management team to find out more about          mixes incorporating high amounts of
polymer bitumen market outlook by research        what the company has on offer.                  recycled asphalt pavement (RAP),” Krishna
firm Goldstein Market Intelligence suggests,                                                      Srinivasan, President, Sripath USA, explains.
is mainly due to the enhanced characteristics     EXPANDING THE TEMPERATURE RANGE                   More importantly, Srinivasan says, PGXpand
of such bitumen, including extra strength,        PGXpand is one of the most globally sought-     is dosage-efficient and consumes minimal
high cohesiveness, and resistance to fatigue,     after products in Sripath’s paving portfolio,   energy during production.
deformations, and stripping.1                     according to Ravi Rajagopalan, General            “Dosage efficacy is a big advantage with
  Addition of polymer or crumb rubber to          Manager of Sripath Asia-Pac.                    PGXpand that our global customers greatly
bitumen has shown to improve resistance             “PGXpand was developed as an easy             appreciate. For a project in Andhra Pradesh,
to temperature variations, weather, and high      to make, easy to use and easy to handle         India, which experiences high summer
traffic loads, while reducing maintenance         modifier for bitumen,” he says.                 temperatures of 40-42 °C, PGXpand was
costs and offering excellent driving comfort.       “The role and benefits of polymers in         selected primarily for its dosage-efficiency.
The ‘Asia Pacific Bitumen Market Forecasts        bitumen is clearly demonstrated. However,       In addition, rigorous testing showed that
2027’ report by Graphical Research suggests       customers using the conventional polymers       PGXpand also provided very good rutting
the market for PMB in the Asia Pacific region     available in the market often struggle with     resistance and a high softening point,” says
is likely to grow remarkably through to           issues such as easy dispersion of the polymer   Srinivasan.
2027, driven mainly by higher demand from         in the bitumen, the stability of the PMB and      “The time to manufacture a mix with
countries such as China, India, and Indonesia.2   the difficulty in laying down such a high       PGXpand are also vastly lower than when
  With that growth comes demand for               viscosity mix.”                                 using alternate polymer technologies.
quality bitumen additives, including                To help overcome those practical              PGXpand can be incorporated into a
rejuvenators, polymers and oils that help         challenges, the team at Sripath investigated    mix at significantly lower temperatures
enhance the properties of native asphalts.        the base chemistry and characteristics          of production, which leads to increased
Sripath Technologies has been actively            of the bitumen and set out to engineer          energy efficiency in dispersing polymer into
developing such products, investing heavily       an innovative polymer which is easier           bitumen.”
in research and development for innovative        to disperse into the bitumen for the              While that’s beneficial for the manufacturer,
solution-oriented bitumen additives.              manufacturers and to lay down for the           the end-user is also benefited.
  Established since 2006 in New Jersey, US,       contractors. Out of that research, PGXpand        “From the end-users’ point of view,
Sripath’s products are used by customers          was born.                                       the viscosity of bitumen modified with
in North America, Asia, Europe and South            “The key in developing PGXpand was            PGXpand is significantly lower than that of
America to enhance the performance of             to develop a user-friendly PMB additive         conventional bitumen mixes. That helps with
bitumen for paving and roofing applications.      that increased the high temperature             easy lay down, easy compaction and long-
  The company has recently launched               stiffness of bitumen, while maintaining         term storage stability of PMB,” says Deepak
Sripath Asia-Pac with an office in Melbourne      the low-temperature performance of the          Madan, Chief Marketing Officer of Sripath.

32     ROADS AUGUST 2021
BUILT TO CONNECT Revealing Astec's new look and business model - Sripath Technologies
ASPHALT NEWS

A WELL-BALANCED SOLUTION                                   “ReNUBIT was remarkably successful             There are also changes occurring in bitumen
ReNUBIT is another highly popular                       in the oil additive segment for bitumen           supply patterns and quality worldwide
product in the Sripath paving portfolio                 modification, so we set about thinking what       that are increasing demand for additives
and among the first products the company                the next-generation oil for the marketplace       like NuMIXER. These changes have created
developed. The key here, Rajagopalan                    could be. We learned a lot from our               a tailwind that we were able to capitalize
says, was to develop a proprietary blend                experience of developing bio-oil bitumen          upon resulting in many success stories,” says
of petrochemical oils which enable easy                 rejuvenators, so we used the findings to          Digital Marketing Director, Kate Brough.
dispersion of polymers and crumb rubber                 create a green, sustainable, non-bituminous         With an eye for problem-solving, Sripath
in bitumen, while improving the low                     oil that would serve the same segment,” says      Asia-Pac is already engaging with universities
temperature properties of bitumen, including            Rajagopalan. Out of this thinking, NuMIXER        in Australia to identify the gaps in the
cold adhesion, cold bend, cracking and flex             was born, giving Sripath customers an option      market to ensure that Sripath products meet
properties.                                             to choose between two types of oils.              local compliance requirements utilising
  “With ReNUBIT, we set out to engineer                    “NuMIXER is very effective in aiding           materials available locally.
an oil that was broadly compatible with                 polymers and crumb rubber to be                     Madan says the team has already received
a wide range of bitumen products and                    compatible with bitumen, while improving          a warm welcome from major industry
made dispersion of polymers and crumb                   low temperature cracking, fatigue and failure     players. “We are looking to repeat our
rubber in bitumen easy. We also wanted to               and adhesion properties of bitumen. This          success stories from the European, Asian
develop something that helped improve                   is particularly useful in more demanding          and North American markets. We are ready
the low temperature cracking, fatigue, and              applications. It also helps lower the viscosity   to bring our innovative product portfolio to
failure properties of bitumen. ReNUBIT is               of the base bitumen,” says Srinivasan.            Australia,” he says.
a well-balanced bitumen additive that also                 “Add to that the fact that NuMIXER               “We are used to identifying pain points
functions as an effective cutter in bitumen,”           is a ‘green’ product with sustainable             and then finding the solutions for them. This
he explains.                                            chemistry and better dosage efficiency than       is our core strength, as our product history
  From the early days of being launched                 petrochemical oils. It’s also a product with      clearly shows. Our team of industry veterans
in the market, Madan says ReNUBIT was                   zero volatile organic compounds (VOCs), so        have a strong track-record for delivering
well-received in both the paving and roofing            it’s completely worker friendly. Moreover,        top-notch technical support, and we stand
communities in North America.                           NuMIXER is effective in bitumens used             behind our products, 100 per cent of the
  “ReNUBIT is easily our best-selling product           world-wide,” says Madan.                          time,” says Rajagopalan.
tonnage-wise,” he says, noting that ReNUBIT’s              “Despite a small premium, NuMIXER is
popularity owes to its high compatibility               more dosage efficient, has a lower carbon         References:
with a wide range of bitumens.                          footprint, and delivers overall cost-savings      1
                                                                                                            Global Bitumen Market Outlook 2017-2030,
                                                        compared to petrochemical oils. It is not         Goldstein Market Intelligence
A ‘GREEN’ OPTION                                        surprising that NuMIXER has been well             2
                                                                                                            Bitumen Market Size and Share 2021-2027,
Sripath also offers NuMIXER, an innovative              received in various markets around the            Graphical Research
green bio-oil that, in addition to providing            world,” says Rajagopalan.
many of the same benefits as ReNUBIT,                      “The larger users in the market are            * All of Sripath Technologies’ product names
delivers greater dosage efficiency and ease             migrating towards bio-oils and they prefer        are trademark registered and properties of
of use.                                                 such products over petrochemical oils.            Sripath Technologies.

  Sripath products meet local compliance
  requirements utilising materials available locally.

                                                                                                                             roadsonline.com.au      33
BUILT TO CONNECT Revealing Astec's new look and business model - Sripath Technologies
Innovative. Impactful. Cost Effective.

 Tested. Proven. Trusted.
 PGXpand® Polymer Additive.
               Increases high temperature grade and rutting resistance.

 ReNUBIT® Special blend of petrochemical oils.
               Improves polymer compatibility and low temperature performance of bitumen.

 NuMIXER® Specially formulated blend of bio-based oils.
               Improves polymer compatibility and low temperature performance of bitumen.

 ReLIXER® Proprietary blend of bio-based oils.
               Rejuvenates bitumen in mixes with high levels of Reclaimed Asphalt Pavement (RAP).

 SriCote™      Dosage-efficient amine-free anti-stripping agent.
               Improves moisture and fuel resistance of roadway.

 Now Available in Australia and New Zealand.
 Based in the United States, we have delivered innovative products around the globe since 2006.
 We are passionate about problem solving and offering solutions to your asphalt challenges.
 We now bring our unrivalled customer service and technical support to Asia-Pacific region.

                 We are proud to introduce:

Contact our Sripath Asia-Pac team at info@sripathapc.com or 1800 191 799
              Learn more about our products at sripath.com
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