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Balchem Corporation Releases 2023 Sustainability Report

Retrieved on:

Lundi, avril 22, 2024

United Nations, Social, Global Compact, MSM, Sustainability, Health, BCPC, Biophysical environment, Water, K2, Environment, Culture, United, Corporate social responsibility, GHG, Bergstrom Nutrition, Carbon accounting, Renewable energy

MONTVALE, N.J., April 22, 2024 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today published its 2023 Sustainability Report, highlighting the Company's Corporate Social Responsibility initiatives and accomplishments.

Key Points:

MONTVALE, N.J., April 22, 2024 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today published its 2023 Sustainability Report, highlighting the Company's Corporate Social Responsibility initiatives and accomplishments.
“I am very pleased with the progress Balchem continues to make in advancing our sustainability efforts, as detailed in our 2023 Sustainability Report,” said Ted Harris, Chairman, President, and Chief Executive Officer.
Balchem reported Scope 1, Scope 2, and Scope 3 GHG emissions for 2023 which represents the first time that we are reporting our measured Scope 3 emissions.
In 2023, Balchem exceeded our 2030 GHG emissions reduction goal of 25%, as we achieved a 32% improvement over our 2020 baseline.

"A Decade and Beyond": Creality Celebrates 10 Years of Innovation and Community Engagement

Retrieved on:

Lundi, avril 15, 2024

Cloud, LCD, Pictor, Ecosystem, Safety, RFID, Dragon Flame, Versatile, K series, Empowerment, Calibration, K2, 3D, Emotion, HALOT, Amazon, PETG, Video, Laser, Printing, Creativity, CFS, 3D printing

The anniversary event marked a significant moment for Creality, showcasing a new logo - a creative green "A" symbolizing sustainability, proficiency, and community.

Key Points:

The anniversary event marked a significant moment for Creality, showcasing a new logo - a creative green "A" symbolizing sustainability, proficiency, and community.
Over the past decade, Creality has led the 3D printing industry evolution, democratizing access with Creality Devices, Creality Cloud , and Creality Ecosystem.
Reflecting on its journey, Creality transitions into "Creality Life," dedicating itself to technology-driven creativity and empowerment.
To engage and reward the users and 3DP community, Creality also launched anniversary promotions on Creality Store and Creality's Amazon shop.

"A Decade and Beyond": Creality Celebrates 10 Years of Innovation and Community Engagement

Retrieved on:

Lundi, avril 15, 2024

Cloud, LCD, Pictor, Ecosystem, Safety, RFID, Dragon Flame, Versatile, K series, Empowerment, Calibration, K2, 3D, Emotion, HALOT, Amazon, PETG, Video, Laser, Printing, Creativity, CFS, 3D printing

The anniversary event marked a significant moment for Creality, showcasing a new logo - a creative green "A" symbolizing sustainability, proficiency, and community.

Key Points:

The anniversary event marked a significant moment for Creality, showcasing a new logo - a creative green "A" symbolizing sustainability, proficiency, and community.
Over the past decade, Creality has led the 3D printing industry evolution, democratizing access with Creality Devices, Creality Cloud , and Creality Ecosystem.
Reflecting on its journey, Creality transitions into "Creality Life," dedicating itself to technology-driven creativity and empowerment.
To engage and reward the users and 3DP community, Creality also launched anniversary promotions on Creality Store and Creality's Amazon shop.

A new measure of firm-level competition: an application to euro area banks

Retrieved on:

Jeudi, avril 18, 2024

Glass, RPD, Journal of Economic Perspectives, Goldberg, Employment, Lead, Competition, SCP, Research Papers in Economics, TCF, Intuition, Laboratory, Euromoney, Bank of Canada, Calendar, International political economy, Manufacturing, Oxford Economic Papers, Harvard University Press, Paper, Linearity, R2, Environment, Delicatessen, System, Website, Panzar, Working paper, World Bank, Elzinga, Friends, Madiga, CPB, Investment, Lerner index, Statistics, Croatian National Bank, PDF, Elsevier, ECB, Industrial organization, Policy, Social science, JEL, Operations research, Internet, Journal, Research, Literature, European Central Bank, Journal of Economic Surveys, MRP, Commercial, Section 5, Financial intermediary, Ministry of Social Affairs, Elasticity, National bank, Government, Developed country, Cell, Tarazi, Wealth, Publishing, Springer Nature, Prudential, Marketing, Law, The Economic Journal, Lerner, L16, Business economics, OECD, International Monetary Fund, Section 4, Database, Section 3, Krieger, EMU, Section 2, Pressure, Central bank, Economics Letters, Bank, Jorgenson, Character, Sparkassen-Finanzgruppe, Life, EDS, American Economic Review, K2, Appendix, Applied economics, CEE, Palgrave Macmillan, Livret A, Bell Labs, GDP, Part, Country, Public policy, De Economist, Management, Publication, Motivation, Cooperative, Reproduction, IMF, Edward Elgar Publishing, Housing, Handbook, G21, Real estate

Abstract

Key Points:

Abstract
This paper extends Boone (2008) by introducing a competition measure at the individual
firm level rather than for an entire market segment.
We apply this extended Boone indicator to individual bank-level competition
in the loan market in the four largest euro area countries and Austria.
Our new measure of firm-level competition enriches and complements
other competition measures and provides a promising starting point for future market
power analyses.
The only measure among non-structural measures that is based on the
concept of competition as a process of rivalry is the Boone (2008) indicator.
We introduce
a new performance measure of competition by extending the Boone indicator to the
individual firm level.
Introduction
The ability to reliably measure competition is valuable to researchers, analysts, and
policymakers, especially antitrust authorities, financial supervisors, and central banks.
One broad
category of indicators often used to measure competition are structural competition
measures, such as static concentration measures, and dynamic measures, e.g., entry and
exit rates.
Out of these measures, the only measure based on the
concept of competition as a process of rivalry is the Boone indicator.
This study introduces a new performance measure of competition by extending the
Boone indicator to the individual firm level.
It thus measures the
increase in profits in percent of one percentage point increase in efficiency, with marginal
costs as measure of efficiency.
We extend the theoretical
underpinning of the measurement of competition for the entire market of Boone (2008) by
a new measure of individual firm-level competition.
A concern of the literature is the gap
between the practical application and the theoretical framework of Boone (2008).
We introduce within the same theoretical
framework a new measure of competition on firm level, the MRP.
Our new
measure significantly augments the antitrust evaluative framework by shedding light on
whether a merger results in a less competitive market.
Our novel indicator focuses on
firms? incentives to enhance their relative efficiency, as manifested in the elasticity
between relative profits and efficiency.
However, an inefficient firm that is foreclosed could be more
competitive than the larger efficient firm that relies on its scale economies.
Our new metric of competition unveils
banks? ability to influence their profitability in the short term by cutting costs relative to
their peers.
The new MRP indicator provides the ability to assess the impact
of individual banks? competitiveness on their interest rate-setting behaviour in loan
markets.
Incorporating this information promises a more refined understanding of the impact and
timing of monetary policy rates changes on the real economy.
Section 3 introduces within the Boone
(2008) theoretical framework our new measure of individual firm-level competition,
including the interpretation of the MRP.
Section 4 provides an application of our new
ECB Working Paper Series No 2925
6

individual firm-level competition measure to the loan market.
The StructureConduct-Performance paradigm (SCP) provides a traditional framework in the field of
industrial organization for analysing competition behaviour in markets.
Concentrated
markets ease the possibilities to collude implicitly or explicitly and therefore concentrated
markets result in higher prices and profits.
For example, a tougher competition
setup may lead to a reallocation of market shares, potentially forcing some firms to exit
the market.
This approach gives firms? strategic behaviour
central stage and focuses on the strategic interaction on prices and quantities, known as
conjectural variation.
Another measure from
this strand of literature is the H-statistic developed by Panzar and Rosse (1987).
The only competition measure from this performance literature where competition is the
outcome from a process of rivalry is the Boone indicator.
A continuous and monotonically increasing relationship exists between
RPD and the level of competition if firms are ranked by decreasing efficiency.
(2013) compare the Boone indicator with the price-cost margin
and conclude that the profit elasticity is a more reliable measure of competition.
The high
elasticity of profits to efficiency unequivocally indicates that the high market shares and
therefore high profits are due to high efficiency.
A firm that quickly passes changes to the input prices is seen as a price
taker with little market power.
Indicators of competition tend to measure different phenomenon and may provide
conflicting messages, as reported for European banking by Carbo et al.
Application 2: Test the ?quiet life? and related market structure hypotheses using the
MRP as competition or market structure measure.
Data
Our application to individual bank-level competition in the euro area loan market uses
balance sheet and income statement data from the Moody?s Analytics BankFocus for the
calendar years 2013-2020.
As such, most publications
on competition in the euro area includes the largest four member states.
Due to these restrictions the database was reduced to an unbalanced panel of up to 1862
banks (depending on the year) from five euro area countries.
Application 1: Measure bank competition using MRP
Looking at the distribution of the MRP for individual banks (Fig.
A similar finding for the four largest euro area countries as a group is
reported in Carbo et al.
Application 2: Test of market structure hypotheses using MRP
Our new measure of individual-bank competition can be used to test market structure
theories.
Euro area banks? market power,
lending channel and stability: the effects of negative policy rates, European Central Bank
Working Paper, 2790 (February).
A
new approach to measuring competition in the loan markets of the euro area, Applied
Economics, 43 (23), 3155?3167.
Impact of bank competition on the interest rate pass-through in the euro area, Applied
Economics, 45 (11), 1359?1380.

Allergan Aesthetics Launches "Moving the Needle on Ethics" to Elevate the Conversation Around Ethics in Aesthetics

Retrieved on:

Lundi, mars 25, 2024

AbbVie, AMI, Ethics, Plastic surgery, Patient, Education, Social media, Research, Psychology, Curriculum, Safety, K2, Collection, Health, Nursing

The collection of interviews highlights the need for industry-wide transparency and integrity to meet the expected increase in global demand for aesthetics treatments.

Key Points:

The collection of interviews highlights the need for industry-wide transparency and integrity to meet the expected increase in global demand for aesthetics treatments.
To drive words into action, Allergan Medical Institute (AMI) implemented an early injectors training program on ethics.
Allergan Aesthetics is also committed to continuing to develop patient-focused educational programs that look to address patients' needs and concerns.
With the launch of this initiative at AMWC 2024 in Monaco on the Allergan Aesthetics booth K2 (Ravel Floor) and more to follow in 2024, Allergan Aesthetics' Aesthetics-Ethics program is 'moving the needle on ethics' to shape an aesthetics industry fit for the future.

ALLERGAN AESTHETICS CONTINUES TO CHAMPION INDIVIDUALITY, DRIVE INNOVATION AND LEAD WITH INTEGRITY AS IT HOSTS EXPERT LED SYMPOSIA AT AMWC 2024

Retrieved on:

Jeudi, mars 21, 2024

IRVINE, Calif., March 21, 2024 /PRNewswire/ -- Allergan Aesthetics demonstrates its ongoing commitment to originality and its bold approach to aesthetics at the Anti-Aging and Aesthetics Medicine World Congress (AMWC) in Monaco from Wednesday, March 27– Friday, March 29, 2024. Events include two Allergan Medical Institute (AMI) symposia, Science of AgingTM event, Meet the Expert presentations, poster sessions and an interactive exhibition booth.

Key Points:

"AMWC presents an invaluable opportunity to meet with esteemed experts from across the globe," said Carrie Strom, President, Global Allergan Aesthetics.
As industry pioneers, Allergan Aesthetics has been at the forefront of uncovering the trends that are shaping aesthetics.
Centering around its True Originals theme, Individuality, Innovation and Integrity, Allergan Aesthetics is shaping the future of the aesthetics industry.
The first symposium, 'True Originals: A Personalised Approach with the Allergan Aesthetics Range', focuses on an in-depth look into patient needs.

K2 OCONUS’ Defense Base Act (DBA) Insurance Program Launches on Joshu Platform

Retrieved on:

Mardi, mars 5, 2024

MGA, DBA, Defense Base Act, Organization, K2, Insurance, Financial adviser

MENLO PARK, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Joshu , the platform to build, distribute, and grow digital insurance products, is pleased to announce that K2 OCONUS , a division of K2 Insurance Services (K2) and the first-ever Defense Base Act (DBA) managing general agency (MGA), has launched the company’s initial insurance program offering on the Joshu Platform in just 45 days.

Key Points:

MENLO PARK, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Joshu , the platform to build, distribute, and grow digital insurance products, is pleased to announce that K2 OCONUS , a division of K2 Insurance Services (K2) and the first-ever Defense Base Act (DBA) managing general agency (MGA), has launched the company’s initial insurance program offering on the Joshu Platform in just 45 days.
This unique, highly complex, specialized line of business required a platform that was flexible, simple, and enabled K2 OCONUS to launch fast.
“Speed, flexibility, and robust functionality were imperative for our launch,” said Chris Leo , CEO and Founder of K2 OCONUS.
“Collaborating with K2 OCONUS and K2 to bring a unique product to market in six weeks with zero software development is exactly why we built the Joshu Platform,” said Roy Mill , CEO and co-founder of Joshu.

PMG Unveils New Dallas Headquarters Driven by Rapid Business Growth

Retrieved on:

Mardi, février 13, 2024

PMG, a global independent marketing solutions and technology company, has opened doors at a new Dallas headquarters within The Link at Uptown.

Key Points:

PMG, a global independent marketing solutions and technology company, has opened doors at a new Dallas headquarters within The Link at Uptown.
PMG occupies three upper floors and 75,000 square feet of the sleek tower developed by Kaizen Development Partners (KDP) and managed by JLL.
PMG enters its next phase of business growth with more than 900 people globally.
PMG will continue to operate and collaborate closely with its six other hub locations, including its founding office in Fort Worth.

EARTHDAY 365 LANDS ON PLUTO TV

Retrieved on:

Mardi, février 13, 2024

Giant, Pew Research Center, Wonders, Pew, LOS, EVP, Pluto TV, Animal, Climate change, Earth, CTV, Special, IMAX, Television, K2, FAST, Environment, Travel

LOS ANGELES, Feb. 13, 2024 /PRNewswire/ -- The highly anticipated EarthDay 365 channel has made its debut exclusively on Pluto TV, the leading free streaming television service. EarthDay 365 finds its home on Pluto TV's "Animals + Nature" category, offering viewers a dedicated space to explore and celebrate the wonders of our planet.

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EarthDay 365 finds its home on Pluto TV's "Animals + Nature" category, offering viewers a dedicated space to explore and celebrate the wonders of our planet.
"We know that our viewers are more passionate about the environment than ever before, and Earthday 365 is providing a way to make an impact simply by watching television," says Amy Kuessner, EVP Programming, Pluto TV.
Audiences can access EarthDay 365 channel for free on Pluto TV.
Pluto TV is available anywhere content is streamed – across all major mobile, CTV and web devices.

K2 OCONUS Launches as the First Ever Defense Base Act (DBA) MGA with Backing by Leading Specialty Insurance Company, K2 Insurance Services

Retrieved on:

Mercredi, février 7, 2024

Professional Services, Defense, Insurance, Human Resources, Other Defense, Contracts, Partnership, Aviation, Nationwide, Risk assessment, Leo, Running, K2, DBA, Management

K2 OCONUS , a division of K2 Insurance Services , announces today the launch of their Defense Base Act (DBA) insurance program, writing Workers’ Compensation coverage for U.S. government contractors abroad.

Key Points:

K2 OCONUS , a division of K2 Insurance Services , announces today the launch of their Defense Base Act (DBA) insurance program, writing Workers’ Compensation coverage for U.S. government contractors abroad.
With a high-risk tolerance, writing business with Nationwide and a robust team of industry experts, K2 OCONUS sets a new standard in safeguarding those who serve our nation overseas.
“I’m extremely proud of the team we’ve assembled and the unique experience each of us brings at K2 OCONUS, from both insurance and military backgrounds.
We are simply unmatched in this regard, and that in itself is special,” said Leo, CEO and Founder.