High Quality Bitumens since 2013

Founded in 2004 and in operation since 2013, Black Gold has always been focused on the production of paving grade, industrial and special bitumens.

Annually it processes one million tons of raw materials – crude oil and heavy semi-finished products.

The refinery is located in the heart of the industrial district of Isfahan, has direct access to the Shahid Rajaei port in Bandar Abbas, Iran and its own logistic facilities for both sea and overland transport.

The systems, structures and assets have been designed, and are now managed and developed, to guarantee the highest degree of flexibility in serving the bitumen markets.



The evolution in the company has taken place – and is still ongoing – through corporate investments in its own production units and human capital, aimed at steadily building client loyalty and consolidating partnerships. Among these, the processing agreements signed with some sector leaders testify to the level of the services provided.

Today Black Gold is a Non-governmental Iranian leader in the production of high quality bitumen, with a tailor-made business model and standards of excellence that stand out for both Safety and Environment.

Black Gold, with suitable infrastructures including a factory in Isfahan with an area of over 65,000 square meters, has a daily production capacity of 3,000 tons of bitumen and storage of vacuum bottom and bulk bitumen exceeding 10,000 tons. It also has 3 modern drumming lines with a production capacity of 15,000 drums per day, 4 packaging areas with a daily packaging capacity of 1,500 tons of bitumen, and a professional and experienced production and execution team, making it one of the largest bitumen producers in the Middle East.

Currently, this complex has a production license for producing 250,000 tons of bitumen per year, including 15 products such as bitumen 60/70, bitumen 85/100, bitumen 100/120, bitumen R 15/90, etc. With the implementation of phase 4 development plan, it will have double the capacity and capability to produce the mentioned products.


Director’s Message

It is my Honor to convey this Greeting message to our esteemed Customers, Counterparts and our Investors on behalf of Black Gold. We have established into a leading export house and great group with all your sincere and loyal support. Black Gold grew from a company that achieved the exceptionally highest levels of Quality Benchmarks, Committed Shipments with timely deliverance and Customer Services without any compromise on our commitments either written or verbally committed. Black Gold established from a company that carries itself in the marketplace with the highest levels of business ethics. Now a great group composed of dedicated, accomplished professionals, who are highly committed to customers. We are here to build an everlasting relation in which we can be proud of.




Our Vision

Our Vision is Innovation of new Bitumen Products with Extensive R&D while expanding Vertically and Horizontally in Manufacturing and Packaging of Bitumen Products for sustainability for our generations to come.

Our Mission

Our Mission is Self Centered; Customer Satisfaction. Committed Quality for Prompt Shipments and Customer friendly trade policies for Business to Business transactions.

Awards, Honors, and Certificates

  • Black Gold has been awarded the title of the best exporter in Isfahan province, Iran in 2021, 2022, and 2023.
  • Obtaining technical certificate for Grade B from the Research Center of Roads, Housing, and Urban Development.
  • Active member of the Iranian Association of Exporters of Oil, Gas, and Petrochemical Products.
  • Active member of the Iranian Bitumen Association.
  • Membership in the Employers’ Guild Association of Isfahan Bitumen Industries and Packaging of Petroleum Products.
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