Greenwich Latest News (Connecticut, United States)

Speritas Capital Partners today announced the closing of a $27 million asset-based revolving line of credit for a major plastics manufacturer.

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According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for both commodities recorded conflicting trends across regions in June 2019.

Iraq's cement consumption is forecast to increase to over 30 million tons by 2024, according to CW Research's 2019 update of the Iraq Cement Market Report. Cement consumption figures in the country are being boosted by strong reconstruction demand.

In the first quarter of 2019, global gray cement ex-works prices showed wide regional variation, contracting in South America, but recording solid growth in China, according to the 1Q2019 update of CW Research's Global Cement Trade Price Report (GCTPR).

The global cement bagging equipment market value is projected to drop to USD 154 million by 2024, according to CW Research's World Cement Bag & Bagging Equipment Industry and Forecast Report.

In 2018, the total number of active cement carriers surpassed 360 units, with the total dead weight tonnage topping 2.7 million, the highest figure recorded since 2010.

Between 2019 and 2024, the total volume of sea-based traded cementitious materials is forecast to reach almost 180 million tons, according to CW Research's 2019 update of the World Cement, Clinker & Slag Sea-Based Trade Report.

Global cement consumption can contract to 4.01 billion tons in 2050, according to CW Research's long-term forecast available in the 1H2019 update of the Global Cement Volume Forecast Report (GCVFR).

Global cement capacity is projected to remain flat between 2018 and 2023, according to CW Research's 1H2019 update of the Global Cement Volume Forecast Report (GCVFR).

Commercial mortgage lender Knighthead Funding, LLC has funded a $75 million construction loan to complete a luxury condominium development in Sarasota, FL.

Knighthead Funding, LLC has provided Noah Properties Chicago with a $14.36 million construction loan for the Roselle Apartments (Roselle), a multifamily community in the Chicago submarket of Glendale Heights/Lombard.

World cement consumption is forecast to decrease marginally to 4 billion tons in 2019, according to CW Research's 1H2019 update of the Global Cement Volume Forecast Report (GCVFR).

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According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for both commodities recorded a slight expansion in March 2019.

In the fourth quarter of 2018, global gray cement ex-works prices weakened across most major markets, with the exception of China, according to the 4Q2018 update of CW Research's Global Cement Trade Price Report (GCTPR).

Global demand for calcium aluminate cement is forecast to reach one million tons between 2021 and 2022, according to CW Research's Global Calcium Aluminate Cement Market Report and Forecast.

According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for both commodities displayed a slight improvement in the first month of the year.

CW Research, in its World Oil Well Cement Market Forecast 2024, projects consumption of cementitious materials for drilling in the US to reach roughly four million tons by 2024.

According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for cement and clinker recorded a slight decrease in both regions in December.

According to CW Research's 2018 update of the Kenya Cement Market Report, cement consumption in the country is forecast to increase at an annual average rate of almost six percent, exceeding seven million tons by 2023.

Global oil well cement consumption is poised to increase through 2024, with key markets such as the US and Saudi Arabia forecast to experience robust average growth rates above 50 percent, according to CW Research's World Oil Well Cement Market Forecast..

According to CW Research's Cement and Clinker Price Assessments for Mediterranean Basin and Persian Gulf, FOB prices for cement and clinker slipped in both regions in November.

Globally, gray cement trade prices rose in the third quarter of 2018, according to the 3Q 2018 update of CW Research's Global Cement Trade Price Report (GCTPR).

Within five years, synthetic graphite is projected to account for almost 70 percent of the global graphite market in terms of demand, a similar share to that expected for 2018, according to CW Research's 2018 update of the World Natural and Synthetic...

Knighthead Funding LLC has originated two loans totaling  $18.5 million for the construction of a townhome project in Denver, CO and a hotel near Savannah, GA.

According to CW Research's 2018 update of the Oman Cement Market Report, cement apparent consumption in the country is forecast to increase to almost eleven million tons in 2023, encouraged by growing construction activity both due to private and public..

The global graphite market volume is forecast to grow at a double-digit average annual rate, increasing to over six million tons between 2018 and 2023, according to CW Research's 2018 update of the World Natural and Synthetic Graphite Market Demand...

Global cement capacity is forecast to edge up by almost one percent per year on average between 2018 and 2023, according to CW Research's 2H2018 update of the Global Cement Volume Forecast Report (GCVFR).

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Global cement consumption is projected to decline marginally to 4.05 billion tons in 2018, according to CW Research's 2H2018 update of the Global Cement Volume Forecast Report (GCVFR).