Categoría: Geovanny Vicente

ALBANY, N.Y., March 3, 2021 /PRNewswire/ — The scrap metal recycling market is facing the brunt of the COVID-19 pandemic. In developed countries such as the U.K., furloughs across business sectors as a repercussion of the pandemic has hit the scrap metal recycling sector as well. As a result of which, many scrap yards have shut down or are working at reduced capacities. Besides this, the pandemic has impacted shipment of metals in the country. Due to this, nearly all aluminum smelters in the U.K. have closed to result in price of aluminum to underperform.

Export bans on scrap in some countries has also hit the scrap recycling market. For example, in the UAE and South Africa, scarcity of scrap has led to bans on the export of scrap metal. This has forced some countries to sustain with domestic reserves and increase dependency on other metals for economic activities. Interestingly, this has led to increasing in demand for some other metals such as copper.

Nonetheless, the scrap metal recycling market is expected to counter headwinds of the COVID-19 pandemic and emerge resilient. As a result, the scrap metal recycling market is predicted to rise at a robust ~6% CAGR between 2020 and 2030, say analysts at TMR. Expanding at this growth rate, the scrap recycling market is predicted to surpass a valuation of US$516.4 bn by 2030.

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Key Findings of the Market Research Report

Business Alliances between World-class Metal Manufacturing Companies expands the Canvas

The past year witnessed some major developments in the worldwide metal sector, including metal scrap production and recycling. In October 2020, steel giants Triple M and ArcelorMittal joined hands to form Integrated Metal Recycling Inc. The joint venture will integrate several scrap recycling activities of the two partnering companies in Quebec. This venture is anticipated to benefit the overall scrap metal recycling market.

In another key business development amidst COVID-19, in May 2020, Aurubis AG acquired Metallo – a scrap metal recycling company. The acquisition is a win-win for the former to help improve its capacity of metal scrap production and expand its global outreach in the worldwide scrap metal recycling market.

Analyze global scrap metal recycling market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

R&D and Investments to explore Non-ferrous Scrap to Expand growth Horizon

With lockdowns due to the pandemic, governments and the entire metal industry is seeking to complement other metals such as copper for scrap. However, extracting copper from scrap and purification cost of copper to make it suitable for electrical components is high. Therefore, companies in the said market are seeking to establish fixed sources for copper scrap to avoid separation and purification costs.

In this scenario, other metals such as aluminum is gaining prominence in the scrap metal recycling market. Large players dealing in metal scrap recycling are investing to produce aluminum in a cost-effective manner and capitalize on the opportunity.

Meanwhile, steel is also gaining prominence in the said market due to its promise to meet objectives of a fully circular economy. Efforts of a world steel major to highlight the advantage of recyclability of steel, in line with environmental goals to prevent unnecessary drift into landfills is a case in point.

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India Promising for Scrap Metal Recycling Businesses

         The Ministry of Mines is making efforts to establish a sustainable recycling ecosystem with the adoption of cutting-edge technology and optimal processes.

Explore 124 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Scrap Metal Recycling Market (Metal Type: Ferrous Metal and Non-ferrous Metal; Scrap Type: New Scrap and Old Scrap; and Industry: Building & Construction, Automotive, Industrial Manufacturing, Electricals, Shipbuilding, Consumer Electronics, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 at https://www.transparencymarketresearch.com/scrap-metal-recycling-market.html

Scrap Metal Recycling Market – Prominent Trend

• Development of intelligent sorting systems to help in the sorting and upcycling of non-ferrous scrap is creating opportunities in the scrap metal recycling market. The intelligent sorting systems allow high throughput of feedstock for sorting of metals as well as alloy composition through a combination of AI/ML image processing and sensor fusion technologies.

Explore Transparency Market Research’s award-winning coverage of the Global Factory Automation Industry:

E-Scrap Recycling Market – The global e-scrap recycling market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the global e-scrap recycling market report.

Industrial Floor Scrubber Market – The global industrial floor scrubber market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global industrial floor scrubber market report.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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SOURCE Transparency Market Research

PHOENIX, March 3, 2021 /PRNewswire/ — A new report entitled, Arizona Reskilling & Recovery Network: A Workforce Development and Education/Training Framework, outlines how Arizona’s community colleges are the economic engines needed to provide fast, job-focused training for unemployed and underemployed workers in an economy reshaped by the coronavirus pandemic. The report also calls for a coordinated operational plan with the ARIZONA@WORK system and provides policy recommendations to assist in supporting recovery.

The report proposes that Arizona’s community colleges are positioned to quickly work across government and industry sectors to develop programs that upskill and reskill workers for the new economy. Upskilling teaches new competencies to help workers stay in current roles, reskilling prepares workers for new roles.

«Arizona was selected as one of 20 states to join the national Reskilling and Recovery Network in large part because of the collaborative work that Arizona’s community colleges are already doing,» said Lee Lambert, Chancellor of Pima Community College and chair of the Workforce Committee for the Arizona Community College Coordinating Council (AC4).  «Because of community colleges’ ability to pivot and develop innovative methods for training and upskilling displaced and underemployed workers, community colleges will play a critical role in the economic recovery of our nation.»

Another key reason the report calls upon community colleges to reskill post-pandemic workers is the value they place on partnerships with private industry for apprenticeships, internships, and tuition reimbursement. Arizona’s community colleges are rooted in their communities and can quickly adjust to local labor market needs. As proof, current construction and electrical apprenticeship programs at Arizona Western College, Central Arizona College, and Yavapai College give students viable skills while they earn income which helps reduce student debt. 

«This is about Arizona’s community colleges working with private industry to supercharge local workforce development,» stated Mark Gaspers, senior manager for state and local government operations at Boeing. «Our relationship with community colleges shows that we can work together to address workforce needs and develop curricula that gives students the industry skills they need.»

Economic inequalities caused by the coronavirus pandemic are also addressed within the report. Many Arizonans remain unemployed or employed in low-wage jobs, especially among rural communities, discouraged and marginally attached workers, racial and ethnic minorities, and women. «Community colleges have this reputation for agility in responding to industry needs,» said Dr. Daniel P. Corr, president of Arizona Western College. «This marries that up with state-wide, scalable solutions that help eliminate poverty in both rural and urban settings.»

Research-backed evidence that the post-pandemic economy is expected to require more education at all levels provides the basis for the report. Arizona’s community colleges are focused on programs that meet target industries identified by the Arizona Commerce Authority – the state’s leading economic development organization. Each of these industries represents high concentrations of workers, high wage career paths, job growth, and industry expansion. Current programs that offer cutting-edge technologies for targeted industries include: Arizona Western College’s Unmanned Aerial Systems cross-discipline certificate, Maricopa Community Colleges’ Artificial Intelligence and Machine Learning program, Pima Community College’s Automated Industrial Technology program, and Yavapai College’s 3D Construction and Affordable Housing program.

To support economic recovery, the report outlines a series of recommendations for policy makers. These pivotal reforms range from addressing expenditure limits to allow colleges to more efficiently and effectively create workforce programs on pace with Arizona business demands – to develop a state-wide ApprenticeshipAZ model that includes tax credits for participating employers. For more information on these reforms, and to view report details, visit www.arizonacommunitycolleges.org.

About the Report
The Arizona Reskilling & Recovery Network: A Workforce Development and Education/Training Framework report was published by the Arizona Community College Coordinating Council (AC4). A steering committee from the Arizona Network Team of the National Reskilling and Recovery Network contributed research for the report. This network has been facilitated by the National Governors Association and the American Association of Community Colleges since July 2020, and involves 20-plus states including Arizona. Arizona’s Network Team was composed of ten members:  two representatives from the Governor’s Office, four community college presidents/chancellors, two industry representatives, and two workforce representatives.

About the Arizona Community College Coordinating Council
The Arizona Community College Coordinating Council (AC4) is an association of the ten accredited community college district CEOs. As primary providers of job training, workforce preparation, and university transfer education in Arizona, the districts are responsible for serving a diverse population of students throughout the state. The Council was created to provide a forum for advocacy, communication, and coordination, and to provide a unified voice for independent community college districts. The Council and its executive director also act as a single point of contact to the public, media, education community, and public policy makers.

About ARIZONA@WORK
ARIZONA@WORK is the statewide workforce development network that helps employers of all sizes and types recruit, develop, and retain the best employees for their needs. For job seekers throughout the state, ARIZONA@WORK provides services and resources to pursue employment opportunities. ARIZONA@WORK is a public and private partnership with 12 regional areas and 47 local offices, all working together and all sharing one mission: providing innovative workforce solutions to employers and job seekers.

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SOURCE Arizona Community Colleges

MINNEAPOLIS, March 3, 2021 /PRNewswire/ — Westwood Professional Services, Inc. (Westwood) is pleased to announce that Jeff Kopocis, PE has joined the firm as a senior project manager. Kopocis has 23 years of engineering experience with 16 years specializing in utility-scale wind and solar energy projects throughout the United States. He will support the continued growth of Westwood’s power division through his experience and leadership in the renewable energy markets. 

Kopocis has provided design and project management for a wide range of civil engineering projects for both public and private clients, including land development, municipal, and renewable energy projects. His experience covers projects from the development stages through construction. With his renewable energy experience and management, he provides clients with exceptional technical knowledge and coordination to successfully complete their projects. Kopocis says, «I am excited to join an established market leader in renewable energy where I can apply my engineering and project management experiences. I look forward to being a contributor to the growth of Westwood’s business opportunities and establishing new relationships.»

«Jeff is a great addition to the Westwood team,» says Aaron Tippie, senior vice president of Westwood’s power division. «He’s been supporting clients in the wind industry for many years, and his experienced approach to building relationships and providing excellent project management are well aligned with Westwood’s values and culture.»

Kopocis holds a BS in Civil Engineering from the University of Nebraska-Lincoln.

About Westwood Professional Services, Inc. (Westwood)
Westwood is a multi-disciplined national surveying and engineering services provider for wind energy, solar energy, electric transmission, private development, and public infrastructure projects. Westwood was established in 1972 in Minneapolis, Minnesota and has grown to serve clients across the nation from multiple U.S. offices. View more Westwood facts.

Awards
In 2020, Westwood placed #4 and #9 respectively on Zweig Group’s national Hot Firms’ and Best Firms to Work for Lists. Westwood also ranked consistently higher three years in a row on the Engineering News Record (ENR) list as a leading design firm in the country. The firm consistently ranks on industry top 25 lists and receives recognition for its involvement on award-winning projects nationwide.

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SOURCE Westwood Professional Services

ARLINGTON, Va., March 3, 2021 /PRNewswire/ — As ocean ecosystems continue to face unprecedented pressure Thai Union, one of the world’s largest seafood companies, has partnered with leading global conservation organization The Nature Conservancy (TNC), on a pioneering commitment to full supply-chain transparency in its global tuna supply chains. This commitment has the potential to push the entire industry in a more sustainable direction by addressing widespread illegal, unregulated and unreported (IUU) fishing practices.

Thai Union Group, a global leading seafood provider with annual revenues of more than  US$4.1 billion will work with TNC’s sustainable fisheries experts to implement 100% ‘on-the-water’ monitoring of its vast tuna supply chain by 2025. This work includes deploying electronic monitoring on all of its partner vessels in their supply chains – including onboard video cameras, GPS, and sensors to automatically track activities onboard – and/or human observers.

Jennifer Morris, CEO of The Nature Conservancy, said: «We are very excited about the potential of this partnership to shift the sustainability needle across the entire canned seafood sector. Consumers and retailers send powerful signals when they choose sustainable products, and TNC hopes this commitment will catalyze rapid growth in electronic monitoring and transparency in fisheries all over the world.»

IUU malpractice has serious repercussions for everything from overfishing of dwindling tuna stocks, to unsustainable levels of bycatch of at-risk sea life like sharks and sea turtles. The lack of adequate monitoring also contributes to hundreds of millions of dollars in lost revenues for local fishing communities and national governments alike.

Thiraphong Chansiri, President & CEO of Thai Union, said: «Thai Union has made significant strides in making sustainability a key attribute of our company, from the creation of our global sustainability strategy, SeaChange® to partnering with leading organisations like The Nature Conservancy. We understand that change does not happen in a vacuum, it is through collaboration and partnership that we shape the future. Change takes more than a wish and well-crafted words, those that are in a leadership position must define the path forward through actions and results. I look forward to the sustainable future Thai Union and TNC can help create through increased electronic monitoring and transparency throughout the seafood industry.»

With the Western and Central Pacific Fisheries Commission continuing to suspend observer coverage on purse seine fishing vessels due to COVID-19 and without nearly enough at-sea monitoring happening globally, this commitment is more significant and timely than ever. Not only has fishing continued during the pandemic (a recent study estimated that COVID-19 has reduced fishing efforts by just 4%), the pandemic has in fact sparked a surge in the purchase of canned tuna globally. Data recently released by the UN Food and Agriculture Organization (FAO) showed that wholesale prices for tuna were up 41% from the previous year, and food companies reported doubling of sales in 2020.

Mark Zimring, Director of The Nature Conservancy’s Large Scale Fisheries Program, said: «Electronic monitoring creates transparency critical to consumers having confidence that their seafood products have been harvested legally, sustainably and without labor abuses. Effective monitoring contributes vital data, the current absence of which makes regulation of even the most vulnerable fisheries difficult. By partnering with one of the biggest players in the seafood supply sector to plug this data gap, Thai Union and TNC have a real chance to achieve durable change at a global scale.»

Through this partnership, Thai Union and TNC will jointly advocate and engage with governments, regulators, and supply chain actors to drive progress towards 100% monitoring at sea by 2025 within its European wild caught sprat, mackerel, herring and whiting supply chains. In addition, Thai Union will implement a fish aggregating device (FAD) management plan in their wild caught purse seine tuna supply chain that mitigates environmental risks no later than 2025. FAD devices are floating objects that are designed to attract pelagic fish, but can lead to bycatch such as entanglement of turtles and impacts on vulnerable reefs.

The Nature Conservancy (TNC) 

The Nature Conservancy is a global conservation organisation dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. Working in 72 countries, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.

Thai Union Group

Thai Union Group PCL is the world’s seafood leader, bringing high quality, healthy, tasty and innovative seafood products to customers across the world for more than 40 years.

Today, Thai Union is regarded as one of the world’s leading seafood producers and is one of the largest producers of shelf-stable tuna products with annual sales exceeding THB 126.3 billion (US$ 4.1 billion) and a global workforce of more than 44,000 people who are dedicated to pioneering sustainable, innovative seafood products.

The company’s global brand portfolio includes market-leading international brands such as Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar, and Rügen Fisch and Thai-leading brands SEALECT, Fisho, Qfresh, Monori, Bellotta and Marvo.

As a company committed to innovation and globally responsible behavior, Thai Union is proud to be a member of the United Nations Global Compact, and a founding member of the International Seafood Sustainability Foundation (ISSF). In 2015, Thai Union introduced its SeaChange® sustainability strategy. Find out more at seachangesustainability.org. Thai Union’s on-going work on sustainability issues was recognized in 2018 and 2019 by being ranked number one in the world in the Food Products Industry in the Dow Jones Sustainability Index, achieving a 100th percentile ranking for total sustainability score. Thai Union has now been named to the DJSI for seven consecutive years. Thai Union was also named to the FTSE4Good Emerging Index for the fourth straight year in 2019.

Media contacts
US: Rachel Winters, The Nature Conservancy, rwinters@tnc.org, +1 267/210-2189
UK/Europe: Tom Jennings, The Nature Conservancy, tom.jennings@tnc.org, +44 7403 995994

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SOURCE Thai Union Group PCL

AUSTIN, Texas, 3 de marzo de 2021 /PRNewswire-HISPANIC PR WIRE/ — Según la edición 2021 del Informe de Reubicación de Texas publicado por Texas Realtors, que analiza la última información disponible sobre migración de la Oficina del Censo de los Estados Unidos y U-Haul, Texas ocupó el segundo lugar del país en actividad de reubicación en 2019.

«Una vez más, Texas recibió más de medio millón de residentes nuevos provenientes de otros estados», comentó Marvin Jolly, presidente de Texas Realtors para 2021. «Algunos se mudan por los costos de vida menores a los de sus lugares de origen, por la excelente calidad de vida, diversas oportunidades laborales o el clima agradable. Son muchas las razones por las que las personas siguen llegando a Texas«.

Según las estimaciones del Censo, Texas recibió entre 537,000 y 582,000 residentes nuevos en 2019. Este es el séptimo año consecutivo en el que Texas atrae a más de 500,000 residentes nuevos que vienen de fuera del estado. El Censo también estimó que entre 435,000 y 471,000 tejanos se mudaron a otros estados, lo que deja una ganancia neta aproximada de 100,000 personas. Además, en 2019, el estado de la estrella solitaria recibió entre 192,000 y 222,000 residentes nuevos provenientes de fuera de los Estados Unidos.

El mayor número de tejanos nuevos procedentes de otros estados de los Estados Unidos se desplazaron de California y Florida, respectivamente. Otros estados desde donde más personas se mudaron a Texas fueron Luisiana, Illinois, Oklahoma, Nuevo México, Georgia y Arizona.

Para 2019, California ocupó el primer lugar en los Estados Unidos en número de residentes que se mudaron fuera del estado. Texas, por su parte, ocupó el segundo lugar. Los destinos de reubicación más populares para quienes se mudaron fuera del estado de Texas incluyeron California, Colorado, Oklahoma, Florida y Georgia. Mientras que California fue el estado del que se mudaron más nuevos tejanos y al que más llegaron personas de Texas, la cantidad de californianos que se reubicaron en Texas fue casi el doble de los tejanos que migraron a California.

Entre 2014 y 2018, los principales condados a los que llegaron quienes se mudaron a Texas desde fuera del estado incluyeron Harris, Dallas, Tarrant, Bexar y Travis. Al nivel de áreas estadísticas metropolitanas (MSA), Dallas-Fort Worth-Arlington MSA y Houston-The Woodlands-Sugar Land MSA registraron el mayor número de residentes entrantes desde fuera del estado durante el mismo periodo.

«Aunque aún no contamos con estadísticas de reubicación para 2020, el incremento en oportunidades de trabajo remoto y la reubicación de compañías siguieron incentivando el movimiento desde otros estados hacia Texas durante la pandemia», señaló Jolly. «Sin importar a qué parte del estado se vayan a mudar estos nuevos residentes, nadie está en mejor posición de ayudarlos a alcanzar sus sueños en materia de vivienda que un Texas Realtor».

Acerca de la edición 2021 del Informe de Reubicación de Texas
La edición 2021 del Informe de Reubicación de Texas se basa en los datos de estimaciones a 5 años de la Encuesta sobre la Comunidad Estadounidense 2019 elaborada por la Oficina del Censo de los Estados Unidos y en el Informe de Tendencias de Migración 2020 de U-Haul. En el informe se analizan datos de reubicación en el país para nueve áreas demográficas de Texas. Texas REALTORS® distribuye mensualmente información acerca del mercado de viviendas en Texas, incluyendo estadísticas trimestrales del mercado, tendencias entre compradores y vendedores de viviendas, tendencias internacionales, entre otros. Para ver el Informe de Reubicación de Texas completo, visite texasrealestate.com.

Acerca de Texas REALTORS®
Con más de 140,000 miembros, Texas REALTORS® es una organización profesional por membresía que representa todos los aspectos del sector inmobiliario en Texas. Somos quienes abogamos por los REALTORS® y los derechos de propiedad privada en Texas. Visite texasrealestate.com para obtener más información.

CONTACTO:
Sylvester Palacios
Pierpont Communications
+1-512-448-4950
spalacios@piercom.com 

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FUENTE Texas Realtors

GENEVA, March 3, 2021 /PRNewswire/ — Firmenich, the world’s largest privately-owned fragrance and taste company, has teamed up in an exclusive collaboration with world-renowned arts and design college Central Saint Martins in London to reimagine the future of fine fragrance. Twenty-one projects provide a unique, «fragrance forward» vision for game-changing uses of fine fragrance, from heat relief, water conservation, and community empowerment, to mindful eating and scent travel.

«Firmenich is empowering a positive future for fine fragrance,» said Ilaria Resta, President, Global Perfumery, Firmenich. «Through both RE|GENERATION and Olfactive Design, we are writing a new story including creation, distribution points, distribution methods, and physical or digital experiences, to reinvent the value of fine fragrance. Perfume becomes a social intermediary, identity marker and mindful catalyst.»

«These inspirational projects with the talented next generation of designers are nourished by science and art. They represent both the future of luxury and the ultimate essence of fine fragrance,» added Mehdi Lisi, VP, Global Fine Fragrance, Creation, Development and Innovation (CDI), Firmenich. «We are proud to share this work, co-created with Central Saint Martins.»

The 14^th edition of Firmenich’s Olfactive Design program is an unique collaboration with students in the Master of Arts of Narrative Environments and of Material Futures at Central Saint Martins. Partnered with Firmenich Fine Fragrance perfumers, students worked collectively to imagine seven future worlds with both utopian and dystopian attributes: Hope & Re-Enchantment, Danger/Chaos/Risk, Circularity, Generations & Memory, Hybrid Experiences, Identity and Pleasure & Wellbeing. Together, teams co-created prototypes, installations and bespoke fragrances inspired by the students’ work to show how fragrance will impact our world in the years to come. 

Bethany Shepherd, Professor of MA Narrative Environments at Central Saint Martins said: «This is the first time our students have worked with perfume. With the rise in popularity of immersive experiences and meaningful interactions, students were keen to explore how scent can link both personal and cultural memory, and how olfactive experiences connect people to better understand each other and their environments.»

• Global warming has formed urban heat islands in heavily populated areas and cities worldwide, where natural land is replaced with buildings and surfaces that retain heat (such as pavement). Manmade heat affects humans in many ways, from creating additional stress to amplifying illnesses. Looking at the theme of Danger/Chaos/Risk, student Lars Dittrich provides a counterbalance to these islands. As a solution, he created a Fragrance Ventilator that captures hot air as it rises, humidifies and cools the air in a tube, and then releases jets of fragrance from vents as cool, scented breeze. Senior Perfumer Dora Baghriche imagined a scent to emphasize a refreshing sensation, with a green accord to emulate the relieving sensation of vegetal freshness and a mineral facet to suggest an implicit petrichor effect of fresh rain. She also added a touch of Freezestorm®, a breakthrough technology, delivering a long-lasting cooling sensation that reinforces the hyper-sensoriality of the project.

• Addressing the theme of Pleasure & Wellbeing, student Alessia Yu created a program to help individuals temper emotional eating habits at a time when eating disorders are on the rise. Her Mindful Dining experience proposes to restore a person’s full awareness of what he or she is tasting, therefore bringing more joy and wellbeing to the individual’s life. Olfaction contributes as much as 80-90% to the taste of one’s food, thus scent is a powerful tool to engage a person’s senses and create a more pleasurable food experience. The dining adventure begins with a customized dessert subscription, delivered with a scent box diffuser and audio-guided meditation. As a person begins the guided, mindful journey, they are introduced to each ingredient and layer of the dessert they’re about to eat via fragrances emitted from the diffuser box as well as imagery on screen. This exercise amplifies smells and textures to better appreciate taste. In this example, Firmenich Perfumer Alexis Grugeon brought the dessert experience to life with an addictive banana bread fragrance. Using Smell The Taste™ technology transporting the individual to thoughts of home-baked goods, he mixed the rich creaminess of banana with notes of walnut, wrapped in a refined orris trail.

• With the feeling of Hope & Re-Enchantment as a guide, student Aliza Ruzavina created a communal Scent Fountain to help local communities take ownership of the future of their neighborhoods. The fountain lives at the center of each town, and features opinion polls about community issues, such as new building development, industrial changes, traffic density and natural park spaces. When voting, people smell scented tubes around the fountain containing different fragrances related to different outcomes of the poll. Each scent relates to a unique characteristic of what the community could smell like if a change is made. Once a person has smelled all of the options, they cast their ballot by pushing a button. Principal Perfumer Hamid Merati-Kashani imagined a fragrance that argues in favor of positive and eco-conscious communal behaviors, using notes of pink pepper, an exclusive NaturePrint® magnolia scent, and biodegradable and renewable Sorbettolide® musk as key ingredients. Each of these elements recall the existence of nature in the midst of a city, helping empower the community and people who live there to make healthy and eco-friendly decisions.

The impressive, thought-provoking prototypes were showcased in a live, day-long, closed-door exhibit held at Central Saint Martins in London in December 2020. Students walked attendees through their concepts, constructions and fragrance creations. Access to the projects is now available exclusively on Firmenich’s RE|GENERATION website so that customers and consumers can view the intricate works via images and video footage of each project. Additional content will be added bi-weekly, covering new themes, projects and insights.

«Olfactive Design encourages us to think about the future of fine fragrance through new uses and application techniques. As the world changes, from climate issues to political and cultural unrest, so does our perfumery. Our industry has the ability to course correct current and future concerns, as fragrance plays a critical role in the wellbeing of future generations,» said Associate Perfumer Alexis Grugeon.

Since 1998, Firmenich’s Olfactive Design program explores a thematic from artistic and sensorial standpoints. Each edition offers a unique experience engaging our senses as well as our imagination. This exclusive immersion takes us on an olfactive journey showcasing the creativity of our Fine Fragrance perfumers from Paris, New York, Sao Paulo and Dubai, who work with full creative freedom.

Launched in July 2020, celebrating Firmenich’s 125-year legacy and leadership in Fine Fragrance, RE|GENERATION is a global call-to-action embracing the radical optimism of change and examining how it will shape the future of the fine fragrance industry. The movement invites the fragrance community, customers, consumers, artists and influencers to work together to innovate, rejuvenate and drive the transformation of Fine Fragrance. @FirmenichFine #FragranceIsCulture #RegenerationReset.

For more about Olfactive Design and RE|GENERATION, please visit: https://regeneration.firmenich.com/.

About Firmenich
Firmenich, the world’s largest privately-owned fragrance and taste company, was founded in Geneva, Switzerland, in 1895, and has been family-owned for 125 years. Firmenich is a leading business-to-business company specialized in the research, creation, manufacture and sale of perfumes, flavors and ingredients. Renowned for its world-class research and creativity, as well as its leadership in sustainability, Firmenich offers its customers superior innovation in formulation, a broad and high-quality palette of ingredients, and proprietary technologies including biotechnology, encapsulation, olfactory science and taste modulation. Firmenich had an annual turnover of 3.9 billion Swiss Francs at end June 2020. More information about Firmenich is available at www.firmenich.com

About Central Saint Martins University

Central Saint Martins, UAL is globally renowned for the creative energy of its students, staff and graduates. Its educational reputation across art, design and performance is demonstrated by alumni who shape the world including Grace Wales Bonner, Matty Bovan, Terence Conran, Michael Fassbender, Antony Gormley, Craig Green, Tom Hardy, Isaac Julien, Jean Jullien, Christopher Kane, Helen Marten, Stella McCartney, Alexander McQueen, Morag Myerscough, Sandy Powell, Laure Prouvost and Raqib Shaw among many others. Central Saint Martins is part of University of the Arts London (UAL), an international center for innovative teaching and research in arts, design, fashion, communication and the performing arts. www.arts.ac.uk/csm 

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SOURCE Firmenich

NEW YORK, March 3, 2021 /PRNewswire/ — J.P. Morgan Asset Management today announced the launch of the 2021 Guide to Alternatives, providing an objective analysis of the key themes impacting alternative investments. In its third year, the quarterly Guide provides an objective analysis of the trends shaping alternatives after a COVID-19-impacted 2020, drilling down into sub-asset classes including real estate, infrastructure and transport, private credit, private equity and hedge funds.

Some of the major themes analyzed in the latest edition of the Guide, include:

• The role of real assets in a world of higher inflation (slide 9)
• The continued growth of SPACs and the rise of the retail investor (slide 32)
• The outlook for private credit in world of growing debt (slide 35)
• The future of office real estate and potential long-term winners and losers (slide 11)

«As bond yields remain muted and equity valuations stretched, investors are increasingly seeking objective insights into alternative investments as they continue to search for opportunities to reduce volatility and enhance portfolio returns, said Anton Pil, Head of Global Alternatives, J.P. Morgan Asset Management. «Our 2021 Guide to Alternatives provides an analysis of the major themes impacting alternative investments, arming investors with the insights they need to make informed decisions when allocating to the asset class.»

«As investors look to take advantage of the economic recovery following a COVID-19-driven downturn last year, our latest Guide to Alternatives delivers an effective framework for both evaluating and implementing alternatives into portfolios,» said David Lebovitz, Global Market Strategist, J.P. Morgan Asset Management. «The pandemic accelerated existing trends and exacerbated existing challenges, but also created a number of opportunities. Going forward, the prudent investor will look to take advantage of these developments across a variety of alternative investments to address the still-present headwinds related to expected returns and income generation.»

To view the full 2021 Guide to Alternatives, click here. 

About J.P. Morgan Global Alternatives 

J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives investment manager, $160 billion in assets under management and more than 600 professionals (as of December 31, 2020), we offer strategies across the alternative investment spectrum including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds. Operating from offices throughout the Americas, Europe and Asia Pacific, our 14 independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client’s specific objectives. For more information: jpmorganassetmanagement.com.

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of USD 2.3 trillion (as of 31 December 2020), is a global leader in investment management. J.P. Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co., and its affiliates worldwide. 

Provided for information only. Investments involve risks, not all investment ideas are suitable for all investors. Diversification does not guarantee positive returns or eliminate risk of loss. Investments are not similar or comparable to deposits. Investors should seek professional advice and conduct their evaluation before making investments.

The views contained herein are not to be taken as advice or a recommendation to buy or sell any investment in any jurisdiction, nor is it a commitment from J.P. Morgan Asset Management or any of its subsidiaries to participate in any of the transactions mentioned herein. Any forecasts, figures, opinions or investment techniques and strategies set out are for information purposes only, based on certain assumptions and current market conditions and are subject to change without prior notice. All information presented herein is considered to be accurate at the time of production. This material does not contain sufficient information to support an investment decision and it should not be relied upon by you in evaluating the merits of investing in any securities or products. In addition, users should make an independent assessment of the legal, regulatory, tax, credit and accounting implications and determine, together with their own professional advisers, if any investment mentioned herein is believed to be suitable to their personal goals. Investors should ensure that they obtain all available relevant information before making any investment. It should be noted that investment involves risks, the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Both past performance and yields are not reliable indicators of current and future results.

To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our privacy policies at https://am.jpmorgan.com/global/privacy.

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SOURCE J.P. Morgan Asset Management

WASHINGTON, March 3, 2021 /PRNewswire/ — The American Society of Civil Engineers (ASCE) today released the 2021 Report Card for America’s Infrastructure, its latest quadrennial assessment of the nation’s infrastructure. The Report Card gives the U.S. an overall ‘C-‘ grade and finds the country is spending just over half of what is required to support the backbone of the economy.  

The study evaluated 17 categories of infrastructure, with grades ranging from a ‘B’ for Rail to a ‘D-‘ for Transit. For the first time in 20 years, the country’s infrastructure as a whole received a grade in the ‘C’ range, meaning on average, the nation’s infrastructure is in mediocre condition, has deficiencies and needs attention. However, 11 of the 17 categories in the Report Card received a grade in the ‘D’ range: aviation, dams, hazardous waste, inland waterways, levees, public parks, roads, schools, stormwater, transit, and wastewater.

Over the past four years, the U.S. made incremental gains in some categories, according to the Report Card. Due to increased investment, grades improved in aviation, drinking water, energy, inland waterways, and ports. One infrastructure category – bridges – saw a decrease in grade in part because of the number of bridges that slipped to «fair» condition from «good.» Transit received a ‘D-‘ in the report, the lowest grade. Some 45% of Americans lack access to transit and existing infrastructure is aging.

Overall, the long-term infrastructure investment gap continues to grow. That gap has risen from $2.1 trillion over 10 years in the last report to $2.59 trillion in the latest study, meaning a funding gap of $259 billion per year.

Said ASCE Executive Director Thomas Smith: «This not a report card anyone would be proud to take home. We have not made significant enough investments to maintain infrastructure that in some cases was built more than 50 years ago. As this study shows, we risk significant economic losses, higher costs to consumers, businesses and manufacturers – and our quality of life – if we don’t act urgently. When we fail to invest in infrastructure, we pay the price.»

There were 22 weather and climate disasters in the U.S. that cost at least $1 billion in 2020, the most in history.

If the U.S. does not pay its overdue infrastructure bill, ASCE said by 2039 the U.S. economy will lose $10 trillion in growth and exports will decline by $2.4 trillion. More than 3 million jobs will be lost in 2039. In addition, each American household will bear $3,300 in hidden costs per year.

ASCE highlighted the role infrastructure investment could play in speeding the nation’s economic recovery. «America’s infrastructure bill is overdue, and we have been ignoring it for years. The COVID-19 pandemic only exacerbates the funding challenge because state and local governments have had to prioritize public health over everything else for the past year,» said Jean-Louis Briaud, Ph.D., P.E., ASCE President. «If we take action now, we can generate job growth and build infrastructure that is more reliable, more secure and more resilient while increasing the quality of life for everyone.»

ASCE called on Congress and the administration to take «big and bold action» on infrastructure quickly.

«Infrastructure is an issue that everyone agrees needs action and doing so will help the U.S. now and in the future. Delaying only increases the costs,» said Emily Feenstra, ASCE’s Managing Director of Government Relations and Infrastructure Initiatives.

While ASCE grades the categories individually, the nation’s infrastructure is a series of connected systems. The report found three overarching trends impacting infrastructure:

1. Maintenance backlogs continue to be an issue, but asset management helps prioritize limited funding.
2. State and local governments have made progress such as leveraging gas tax to fund transportation investments, and some limited federal investment has also paid dividends.
3. There are still infrastructure sectors where data is scarce or unreliable.

The 2021 Report Card for America’s Infrastructure was released publicly during a virtual news conference that was followed by ASCE’s Solutions Summit. This separate event included spotlights on various infrastructure topics. Featured speakers included Secretary of Transportation Pete Buttigieg, Maryland Governor Larry Hogan, Senator Shelley More Capito (R-WV), and Representative Peter DeFazio (D-OR), among others.

To view the full report and additional data, visit InfrastructureReportCard.org. 

ABOUT THE AMERICAN SOCIETY OF CIVIL ENGINEERS 
Founded in 1852, the American Society of Civil Engineers represents more than 150,000 civil engineers worldwide and is America’s oldest national engineering society. ASCE works to raise awareness of the need to maintain and modernize the nation’s infrastructure using sustainable and resilient practices, advocates for increasing and optimizing investment in infrastructure, and improve engineering knowledge and competency.

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SOURCE American Society of Civil Engineers (ASCE)