DRILLING BARITE
In spite of the fact that some 4% of the global barite reserves is located in Iran, the country holds only 2% of the global production, which shows the potential for growth in the market. Most of the produced barite in the world is used in drilling as weighting agent and the main constituent of drilling mud. Other applications of barite include paint, paper, cloth, rubber, powder coating, and brake pad chemicals industries. you can see the specifications of two common grades of barite, however, we are able to formulate and test special mud and produce barite powder with propriety specifications to achieve the clients’ requirements accordingly.
Barite is also used in smaller scale, compared to drilling industry, in paint and plastic industries as filler mineral and extender. White paint-grade barite is another well-known our product. Despite the significant and still increasing demand for white paint-grade barite in Europe, no major mine supplies it from inside Europe and the market have been normally counting on China and India for the same. However, China’s own internal demand is limiting traditional exports and there seems to be a shortage of supply in the coming years unless a new player in the market makes it up. Iran with its strategic location, vicinity to Europe, has made Iran a wonderful, even more interesting than the traditional suppliers, substitute.
