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05 April 2011

Oil price warning for asphalt

First publishedon www.AggBusiness.com
High oil prices caused by the current unrest in the Middle East is likely to impact on asphalt and concrete prices this year, according to a number of UK-based producers. Both Aggregate Industries and Breedon Aggregates have said that rising bitumen prices will impact on material costs during 2011, which could cause significant problems for road repair programmes.

The impact of rising oil prices is expected to be a wide-spread problem in Europe.

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Aggregate Industries
www.Aggregate.com
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