Daily Archives: January 23, 2019

CP Kelco Seeks Buyer for CMC Plant in Taixing, China

ATLANTA, Jan. 23, 2019 (GLOBE NEWSWIRE) — CP Kelco, a leading global producer of specialty hydrocolloid ingredients, today announced it is seeking a buyer for its carboxymethyl cellulose (CMC) plant in Taixing, China.

CP Kelco is not exiting the CMC business and continues to operate a CMC production facility in Äänekoski, Finland. Utilizing its deep applications expertise and technology, the company remains committed to providing the global market with high-quality CMC products, now and in the future.

About CP Kelco
Headquartered in Atlanta, Georgia, USA, CP Kelco is a leading producer of specialty hydrocolloids with offices and facilities across the globe. Featuring an extensive range of hydrocolloid solutions and serving over 100 countries, CP Kelco leverages its capabilities to bring concepts and ideas to real-world products in a broad range of applications. The company’s specialty ingredients touch a wide variety of industrial applications, consumer and household products, tailored to meet the needs of regional consumers. Key product lines are Gellan Gum, Pectin, Xanthan Gum, Carrageenan, Diutan Gum, Cellulose Gum/Carboxymethyl Cellulose, and Microparticulated Whey Protein Concentrate, as well as other unique biopolymers. Visit www.cpkelco.com for more information.

Michele Cacdac-Jones
Office: +1 678 247 7149
Mobile: +1 770 743 0564

CNH Industrial recognized among the leading global companies in sustainable performance by CDP

 London, January 23, 2019

CDP, the international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests, has recognized CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) as a global leader in sustainable water management, naming it as one of only 27 companies included in the CDP Water Security A-List. Furthermore, CNH Industrial scored an A- in the CDP Climate Change program and, for the first time, was invited to participate in the CDP Forests program, receiving a C score.

“We are delighted that the CDP has recognized our efforts to sustainably manage our water resources, combat climate change, and tackle deforestation globally. Inclusion in the CDP Water Security A-List is something we take great pride in as we strive to improve the efficiency of our processes, through initiatives such as our World Class Manufacturing and Logistics programs. Our high score in the Climate Change program reflects our significant progress in this area, and we are committed to ensuring continuous improvement,” commented Hubertus Mühlhäuser, Chief Executive Officer at CNH Industrial.

Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to CDP for independent assessment against its scoring methodology. In 2018, companies were requested to do so by over 650 investors with over USD $87 trillion in assets and/or 115 major purchasing organizations with USD $3.3 trillion in purchasing power.

Each of CDP’s questionnaires, on climate change, water and forests, have an individual methodology that scores responses across four levels: disclosure, awareness, management and leadership.

CNH Industrial’s efforts in water management focus on increasing water efficiency throughout its industrial processes. The Company’s industrial operations work to locally reduce the requirement of water and wastewater volumes, while at the same maintaining quality standards.

The Company’s sustainable efforts go beyond its own sites, as it promotes the same environmental standards it practices among its suppliers as well as developing projects to improve environmental impact, such as water accessibility in the local communities where it operates.

These latest results follow CNH Industrial’s eighth consecutive year as the Industry Leader in the Dow Jones Sustainability Index, World and Europe. The Company is also included in the following indexes: FTSE4Good index series, ECPI Global Agriculture Liquid, ECPI World ESG Equity, ECPI Global Developed ESG Best in Class, ECPI Euro ESG Equity, ECPI Global Megatrend 100, Euronext Vigeo World 120, Euronext Vigeo Europe 120, Euronext Vigeo Eurozone 120, STOXX Global ESG Leaders Index, STOXX Global ESG Environmental Leaders Index, STOXX Global ESG Social Leaders Index, STOXX Global ESG Governance Leaders Index, STOXX Global ESG Impact Index, STOXX Global Low Carbon Footprint, STOXX Global Reported Low Carbon, and Thomson Reuters Diversity & Inclusion Index. Those listed are the main global STOXX indexes in which CNH Industrial is included.

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

Additional information on Sustainability at CNH Industrial:

Sign up for corporate news alerts from the CNH Industrial Newsroom:

For more information contact:
Laura Overall                                                     
Corporate Communications Manager
CNH Industrial                                                  
Tel. +44 (0)2077 660 338
Email: mediarelations@cnhind.com


New YPO Global Leadership Survey Finds Young Business Leaders Overwhelmingly Believe Business is a Force For Good

Ninety-three percent surveyed say business should have a positive impact on society

DAVOS, Switzerland, Jan. 23, 2019 (GLOBE NEWSWIRE) — YPO, the premier global leadership organization for more than 27,000 chief executives, conducted a survey of its members in over 130 countries to get their thoughts on if the purpose of business is to have an impact on society beyond profits and wealth.

YPO’s 2019 Global Leadership Survey, conducted 23 December 2018 through 4 January 2019 with more than 2,200 CEO respondents, found that a massive cultural shift about the role of business leadership is in progress as indicated by the following findings:

• A large majority of respondents (74 percent) say their perspective on their role as a business leader has changed in the past five years. Employees (43 percent), colleagues (40 percent) and their children (37 percent) were cited as some of the top influencers behind this new belief.

• Business leaders shared that they are much more inclined to make an impact through their business than by being involved in politics.

• The biggest obstacle, according to surveyed CEOs, in their efforts to create a greater impact through their business is government regulations (51 percent) with taxation cited as a distant second (27 percent). Regionally, political unrest was identified by members in Africa (32 percent) and MENA (39 percent) significantly more than the survey average (19 percent).

• CEOs said their top three concerns for the future are lack of quality education (37 percent), climate change (37 percent), and peace, justice and global institutions (30 percent). The depth and type of concern did vary by member geography:

  • Lack of quality education was noted as an issue among both Latin America (56 percent) and U.S. (41 percent) members.
  • Climate change was most cited among members in Europe followed by Asia (48 percent and 41 percent compared to the survey average of 37 percent).

• Leaders are acting to address these concerns through their business. Ensuring their business makes a positive difference (57 percent), creating jobs and prosperity for people (49 percent) and teaching/mentoring others (43 percent) are the primary ways that CEOs surveyed are focusing their efforts. Additionally, reducing waste and having an environmental impact were key focal points for participants in Asia (44 percent), Europe (44 percent) and Africa (43 percent).

For additional perspective on these findings, YPO concurrently surveyed more than 1,800 future leaders, people ages 18-31 with at least some college education, to see how their thoughts on these same topics compared to those of the current stewards of business. This group also overwhelmingly agreed (92 percent) that the purpose of business is to have an impact on society beyond pursuing profits and wealth.

Climate change (37 percent) was also a top concern among this younger generation and more than half of those surveyed (55 percent) want to reduce their environmental impact. Lack of quality education (27 percent), availability of work opportunities and economic growth (24 percent) and peace, justice and global institutions (22 percent) also weighed on future leaders’ minds.

Whereas most current leaders identify government regulations as the biggest impediment to making an impact, future leaders believe corruption (42 percent) and business leaders not being in interested in doing more (32 percent) are the real obstacles.

YPO will be sharing the 2019 Global Leadership Survey findings at an upcoming panel discussion entitled Profit with Purpose: A New Global Model in Davos on 24 January 2019. Complete survey results are available at YPO.org/Davos.

YPO 2019 Global Leadership Survey Methodology:

The YPO 2019 Global Leadership Survey of its members was conducted by YPO from 23 December – 4 January via an online questionnaire with a representative probability sample of 2,283 YPO members. The sample included members in 110 countries. The questionnaire was in English. The margin of sampling error is plus or minus 1.97 percentage points at the 95 percent confidence level.

The companion survey of younger generation people (future business leaders) was conducted by YPO from 23 December – 4 January. A total of 1,871 global respondents, ages 18-31 with at least some college education, participated in the survey. The margin of sampling error is plus or minus 2.3 percentage points at the 95 percent confidence level.

About YPO:
YPO is the premier global leadership organization for more than 27,000 chief executives in over 130 countries and the global platform for them to engage, learn and grow. YPO members harness the knowledge, influence and trust of the world’s most influential and innovative business leaders to inspire business, personal, family and community impact. Today, YPO member-run companies, diversified among industries and types of businesses, employ more than 22 million people globally and generate USD9 trillion in annual revenues. For more information, visit ‪ypo.org.

YPO Media Contacts:
Amy Reid, areid@ypo.org, +1 646 678 0575 (United States)
Serena Marchionni, smarchionni@ypo.org, +34 699 903 472 (Europe)
Vickie Tikam, vtikam@ypo.org , +60 012 331 7411 (Asia)
Angela Mers, amers@ypo.org, +1 415 298 8534 (United States/Canada)

PE Department Targets 5,560 New Industrial Entrepreneurs In 2019

Jakarta Industry and Energy (PE) Department’s target of this year is to produce 5,560 New Industrial Entrepreneurs (WUIB)s. It is increased by 2,000 WUIBs from the last year’s target.

PE Department’s Industry Department Head, Elisabeth Ratu Rante Allo said, each Jakarta regions has its own WUIB targets. In detail, West Jakarta’s target is 1,015 WUIBs, Central Jakarta 1,015 WUIBs, South Jakarta 1,260 WUIBs, East Jakarta 1,260 WUIBs, North Jakarta 760 WUIBs and Thousand Islands 250 WUIBs.

“Training will be given from March. We will train them about food and beverage processing, fashion, handicraft, and soap making,” she informed, Wednesday (1/23).

In order to reach the target, her side will optimize Integrated Entrepreneurship Development (PKT) program. This program will give 491 trainings this year with target 40 participants per training. Each training will be held within four days.

“Not only training, we also facilitate new entrepreneurs to apply for Micro and Small Business Permit (IUMK). Last year, we have facilitated 2 thousand IKMs to get IUMK,” she explained.

Source: Berita Jakarta