More stories about Finance

  • CEMEX Completes Wind Farm Financing

    CEMEX announced last week that it has successfully completed the financing of Ventika, a project comprising the construction of two 126 MW wind farms each, for a total nominal capacity of 252 MW to be located in General Bravo, Nuevo Leon, Mexico.

  • Leasing, Financing Confidence Surges

    Confidence in the equipment finance market is 65.1, the highest index in two years and an increase from the February index of 63.3.  The first quarter MCI levels are the three highest since April 2011.

  • Cemex Reports Improved 2013 earnings

    CEMEX announced on Feb. 6, 2014, that consolidated net sales increased by 4% during the fourth quarter of 2013 to approximately U.S.$3.9 billion and increased by 2% for the full year to U.S.$15.2 billion versus the comparable periods in 2012.

  • Concrete Industry Management (CIM) Program Holds Record Breaking Auction at World of Concrete

    The National Steering Committee (NSC) for the Concrete Industry Management (CIM) program raised more than $810,000 in gross revenue at its ninth annual auction, held in conjunction with the World of Concrete on Wednesday, Jan. 22.

  • Vulcan Materials Announces The Sale Of Florida Cement and Concrete Assets

    Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, announced today that it has entered into a definitive agreement to sell the Company's cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720 million.

  • Change of leadership in LANXESS Board of Management

    The Supervisory Board of LANXESS AG has resolved at its meeting today to end, by mutual agreement, the appointment of Axel C. Heitmann as Member and Chairman of the Board of Management of LANXESS AG, effective the end of February 28, 2014.

  • 2014 World of Concrete Preview

    A look at what concrete producers can expect at World of Concrete 2014.

  • Our Startling Federal Budget

    Infrastructure spending helps the nation, the middle class, and the construction industry.

  • Tough to Hear

    Despite a brutal market, the largest producers are solidly profitable.

  • Can You Spare a Dime?

    Producers with strong balance sheets can secure loans.