Bitumen Project Investment Opportunity - Connecticut
Financial Details
- Asking Price:
- $15,000,000
- Profit Metric:
- N/A
- Location:
- CT, US
- Source:
- Date:
- September 17, 2025
Key Highlights
Description
This listing is for a private investment opportunity in a Bitumen project located in Connecticut. The client has developed and patented a novel process to deliver bitumen cold, in brick form, which is described as 100% "Green". This process reportedly reduces mining, processing, shipping, and storage costs compared to traditional refined oil bitumen and is eligible for Carbon Credits. The company has already invested $22 million (US) in the process and is seeking an additional $15 million. These funds will be used for Engineering, FEED, and CAPEX (EPC) to produce samples for companies globally that have expressed strong interest. The global bitumen market is estimated at $54 billion and is growing, with significant use in the construction industry for paving and roofing.
Industry Information
- Industry Description:
- Oil & Gas / Refining / Fuels
- Classification:
- Manufacturing
Real Estate & Lease
- Status:
- Not Specified
Listing Details
- Listing ID:
- 761d5d29-97e5-4288-a802-e4fdf2e04a21
- Deal Status:
- For Sale
- Date Posted:
- October 18, 2023
- Last Updated:
- September 17, 2025
- Currency:
- USD