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HeidelbergCement to sell asphalt operating line in Australia

German cement maker HeidelbergCement has sold its asphalt operating line in Australia. The 50% stake in Pioneer Road Service (PRS) and the whole of Specialised Tanker Transport were acquired by Fulton Hogan, a civil contracting quarrying and asphalt producing company in Australia. Fulton Hogan has had a business association with PRS for many years. HeidelbergCement will continue to supply aggregates to PRS in the future.



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