News Hub | News Direct

Lifestyle

Beverage: Coffee/Tea/Non-Alcoholic Beverage: Spirits/Beer/Wine Casino/Gaming Fashion Food/Cooking/Baking Health & Fitness Home Goods Hospitality Leisure Activities & Hobbies Parenting Pets Photography Seniors Travel & Tourism
Article thumbnail News Release

OMID Posts 2022 Annual Report and Provides Update

Omid Hldgs Inc

McapMediaWire -- Today, OMID Holdings, Inc. (OTC: OMID ) posted its Unaudited Annual Report for the Year Ended December 31 st, 2022. The company is pleased to announce that its production facility in Alpha, NJ is now GMP-certified for the production of tinctures as human food according to FDA 21 CFR Part 117. "GMP certification has long been a stated goal of OMID and reaching this milestone has invigorated the OMID team. We believe that GMP certification represents a higher standard of operations within the cannabis industry and we intend to leverage our proven capabilities to take advantage of new business opportunities. As an additional note in response to broad shareholder inquiries: I would like to confirm that the financial audit is on-going with unwavering internal support and I am eager to see it completed." stated Adam Frank, Chairman & CEO of OMID Holdings, Inc. About OMID Holdings, Inc. OMID Holdings, Inc. is a publicly-traded health and wellness company which produces a variety of finished consumer goods. The company operates a facility in Alpha, NJ which is GMP-certified in the production of human food according to FDA 21 CFR Part 117. OMID concentrates its efforts on research, design, development, production, and marketing. Most of the products manufactured by the company include cannabinoids derived from hemp and other herbal ingredients. Acts 2:12 For more information about the company, please visit https://omidholdingsinc.com/ or follow us on Twitter: @OMIDHoldingsInc Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Adam Frank Phone: +1 908-386-2880 Email: info@omidholdingsinc.com Contact Details OMID Holdings, Inc. info@omidholdingsinc.com Company Website https://omidholdingsinc.com/

March 30, 2023 09:15 AM Eastern Daylight Time

Article thumbnail News Release

Essentially Group wants to have its beverages "on every table"

Essentially Group PLC

Essentially Group PLC (AQSE:ESSN) Managing Director and CEO Raja Abuljebain speaks to Proactive about his ambitions for the healthy food and beverage company, less than a fortnight on from its AQSE listing. Raja Abuljebain reveals more about his long-term plans, saying that he wants to see the company's beverages "on every table." Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 30, 2023 04:01 AM Eastern Daylight Time

Video
Article thumbnail News Release

Retiree Shareowners Seek to Limit Verizon Executive Golden Parachutes & Enhance Clawback Policy

The Association of BellTel Retirees

Members of the non-profit Association of BellTel Retirees, Inc. have two shareholder proposals for the 2023 Verizon (NYSE:VZ) shareowner meeting, aimed at strengthening the senior executive clawback policy while limiting executive golden parachutes. The annual meeting will be in Salt Lake City, Utah on May 11. The BellTel Retirees have a long and successful history of shareowner advocacy at Verizon, acting as an integral check for better governance practices. Since 2003, they have achieved 12 changes to corporate governance, including three by majority vote (2013, 2007, 2003). The Association of BellTel Retirees is proposing Item #8, a Shareholder Ratification of Annual Equity Awards policy (Aka: “Golden Parachute”) which recommends shareowner approval of any new and renewed senior executive compensation packages that would include severance or termination payments exceeding 2.99 times base salary plus target short-term bonus. A nearly identical retiree proposal achieved a 44% vote in 2022. This measure seeks to strengthen the current policy, which Verizon adopted following a successful 2003 BellTel-backed proposal that achieved 59% of shares voted. Retirees believe much more scrutiny is needed over exit packages, reflective of the one currently available to CEO Hans Vestberg. As disclosed in the 2023 Proxy, Mr. Vestberg could receive $31.6 million, or more than six (6) times his 2022 base salary plus a short-term bonus, upon termination following any change in company control. The second retiree proposal, by BellTel Chairman Thomas M. Steed, which achieved 37% in 2022, would amend Verizon’s Senior Executive Compensation Clawback Policy (Item #7). The current policy allows cancellation or recoupment of cash and equity compensation when executives engage only in “willful misconduct” resulting in a material restatement of the corporation’s financial results. BellTel believes the company’s current policy wording is too vague and lenient to ever be effective. Proposal #7 urges enhancing the standard from “willful misconduct” to “conduct” that can cause financial or reputational risk to the company. “The executive clawback policy governing senior executives, should reflect the same expectations that all other employees of Verizon are duty-bound to follow. There should not be a double standard,” said Steed, who submitted the proposal. “Since employees can be disciplined or dismissed for failing to execute their duties, senior executives should certainly not be rewarded for harm they cause to the company’s brand or reputation, or actions that result in Verizon needing to pay penalties or restitution.” Retiree and employee shareowners whose shares are held within a Verizon savings/401k plan are required to vote by no later than May 8, 2023. Contact Details Sabrina Petrafesa +1 646-213-1366 SPetrafesa@ButlerPR.com Tom Butler +1 646-213-1802 TButler@ButlerPR.com Company Website https://belltelretirees.org/

March 29, 2023 12:39 PM Eastern Daylight Time

Article thumbnail News Release

One Media iP Group "very pleased" after "year of consolidation"

One Media iP Group PLC

One Media iP Group (AIM:OMIP) chief executive Michael Infante speaks to Proactive after releasing the company's annual financial report. Infante says he's "very pleased" after a "year of consolidation", and highlights the growing importance of the company's SaaS platform TCAT, which can help reduce the losses incurred by music rights holders in unpaid or fraudulently claimed royalties. Here's the story from earlier: One Media Digital media saw a 17% year-on-year revenue uplift with underlying earnings (EBITDA) increasing 9% to £1.8mln, according to the music rights and copyright protection company’s 2022 financial results. Operating profits declined from £1.1mln to £900,000 resulting in an earnings-per-share distribution of 0.2p compared to 0.24p in 2021, partially due to group-level investments into its anti-piracy software subsidiary TCAT. The group also allocated £1.2mln into new rights of artists including José Carreras, Jo Jo Adams, Irish Tenor Trio and Alexander O'Neal. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 29, 2023 11:00 AM Eastern Daylight Time

Video
Article thumbnail News Release

Minuteman Press Franchise in Macon, GA Moves to New Location & Has Grand Opening

Minuteman Press International Inc

Richie Moore and his family have owned the Minuteman Press franchise in Macon, Georgia since June of 2017. As they approach six years in business, Richie, along with his father and his wife Elle, have moved to a brand new facility at 4341 Interstate DR, Suite B, Macon GA 31210. To celebrate the move, Minuteman Press in Macon held a grand opening on February 21, 2023, that was sponsored by the Greater Macon-Bibb Chamber of Commerce, the Perry Area Chamber of Commerce, and the Robins Regional Chamber of Commerce. Richie shares, “We have needed more space for the last 3 years. We wanted to get the equipment needed to do the things our customers have been asking us to do and now we have the space and a lot of the equipment needed! We want to show Middle Georgia that the big jobs don’t need to be sent out of our local area, and that Minuteman Press in Macon can produce and deliver for them.” Richie further explains the benefits of the new facility: “We now have a lobby that we can show off our larger jobs and spark ideas in our customers. If that doesn’t do it we want to set up tours of our facility to show the machines’ capabilities for prints. We have just upgraded our main production systems on all of our paper products so that we can print even faster and deliver higher quality. We are able to get longer lasting, higher quality signage done at a fraction of the time it would take a typical sign shop to print.” When it comes to marketing the business, Richie has followed the Minuteman Press system and reached out to his local business community through networking groups. He also focuses on education potential and established customers on the product capabilities that Minuteman Press in Macon has to offer. Richie shares: “We have participated in a lot of networking groups in the last 6 years and that has been some of the main drivers behind our growth. We’ve worked hard on getting out into the community and talking about our vision at Minuteman Press Macon to our customers. Our message is simple: We are showing Middle Georgia that having a quick turnaround doesn’t have to sacrifice quality. We educate them on the fact that having quality doesn’t have to come with the highest price tag. And above all, we make it a point to let our clients know that growing larger doesn’t sacrifice the customer care that our customers receive on a daily basis. “There is a big market for the medium-size niche jobs that sadly is getting left by the wayside. We have customers that want 500 boxes or direct printed bags. They are a small-to-medium sized companies and they don’t necessarily need 5,000 bags that are all the same. They want 500 of 10 different bags so they can sell more products. We want to offer an option to those people who need help with all of their printing needs and don’t want to go to 5 different places to get them all done.” -Richie Moore, co-owner, Minuteman Press, Macon, GA Franchise Support from Minuteman Press International Before franchising, Richie shares, “My wife Elle and I come from the insurance world and before that I worked with computers everywhere. My dad called me up one day and asked if I’d be interested in a printing franchise. One of our computer customers was Minuteman Press Macon and the owner called us and asked if we would be interested in buying the computers back from him. We offered to let us try running the business for a few months and see if it was for us.” He continues, “We did it and we loved helping out the customers. We loved that every day was something new to do. You definitely have to stay on your toes in a print shop! So, my wife and I cashed in our insurance bonuses and bought into a new business with my dad. From there, we have grown it dramatically and want to continue to grow with our customers.” Richie shares his thoughts on the support he and his family have received since joining the Minuteman Press franchise family. He says, “The Minuteman Press franchise has been around a long time and will be around a lot longer. If you have seen it printed, they have had experience with it. Our corporate office has been a great support to us when we had questions on how to help our customers. They have always been supportive in helping us reach our goals. This move to our new building has been the top goal for us for at least 3 years now, and we couldn’t have done it without the help and guidance of our local RVP Dave Walton and the local support team.” Richie adds, “We took over in 2017 but this Minuteman Press franchise has been in Macon for 35 years! We have a lot of experience and knowledge about the products that our clients want and possibly some that you don’t even know about that can help!” When asked about his final thoughts on the move and being business owner, Richie says, “I like to remind all of our clients that WE ARE LOCAL and that we can help. We would love to show prospects what we can do and invite them to tour our facility!” Richie concludes, “For business owners, I would say you need to s urround yourself with smart people that have done it all and are successful. This way, you will end up driving yourself to reach their level. That’s yet another reason franchising and Minuteman Press was right for us.” Minuteman Press in Macon is located at 4341 Interstate DR, Suite B, Macon GA 31210. For more information, call 478-474-6263 or visit their website: https://minuteman.com/us/locations/ga/macon/ Learn more about #1 rated Minuteman Press franchise opportunities and read Minuteman Press franchise reviews at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

March 29, 2023 10:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Retirees Fight to Strengthen Clawback Policy, Limit Executive Golden Parachutes at Verizon

The Association of BellTel Retirees

Members of the non-profit Association of BellTel Retirees, Inc. have two shareholder proposals for the 2023 Verizon (NYSE:VZ) shareowner meeting, aimed at strengthening the senior executive clawback policy while limiting executive golden parachutes. The annual meeting will be in Salt Lake City, Utah on May 11. The BellTel Retirees have a long and successful history of shareowner advocacy at Verizon, acting as an integral check for better governance practices. Since 2003, they have achieved 12 changes to corporate governance, including three by majority vote (2013, 2007, 2003). The Association of BellTel Retirees is proposing Item #8, a Shareholder Ratification of Annual Equity Awards policy (Aka: “Golden Parachute”) which recommends shareowner approval of any new and renewed senior executive compensation packages that would include severance or termination payments exceeding 2.99 times base salary plus target short-term bonus. A nearly identical retiree proposal achieved a 44% vote in 2022. This measure seeks to strengthen the current policy, which Verizon adopted following a successful 2003 BellTel-backed proposal that achieved 59% of shares voted. Retirees believe much more scrutiny is needed over exit packages, reflective of the one currently available to CEO Hans Vestberg. As disclosed in the 2023 Proxy, Mr. Vestberg could receive $31.6 million, or more than six (6) times his 2022 base salary plus a short-term bonus, upon termination following any change in company control. The second retiree proposal, by BellTel Chairman Thomas M. Steed, which achieved 37% in 2022, would amend Verizon’s Senior Executive Compensation Clawback Policy (Item #7). The current policy allows cancellation or recoupment of cash and equity compensation when executives engage only in “willful misconduct” resulting in a material restatement of the corporation’s financial results. BellTel believes the company’s current policy wording is too vague and lenient to ever be effective. Proposal #7 urges enhancing the standard from “willful misconduct” to “conduct” that can cause financial or reputational risk to the company. “The executive clawback policy governing senior executives, should reflect the same expectations that all other employees of Verizon are duty-bound to follow. There should not be a double standard,” said Steed, who submitted the proposal. “Since employees can be disciplined or dismissed for failing to execute their duties, senior executives should certainly not be rewarded for harm they cause to the company’s brand or reputation, or actions that result in Verizon needing to pay penalties or restitution.” Retiree and employee shareowners whose shares are held within a Verizon savings/401k plan are required to vote by no later than May 8, 2023. Contact Details Butler Associates Sabrina Petrafesa +1 646-213-1366 spetrafesa@butlerpr.com Butler Associates Thomas Butler +1 646-213-1802 TButler@ButlerPR.com Company Website https://belltelretirees.org/

March 29, 2023 09:30 AM Eastern Daylight Time

Article thumbnail News Release

Liteboxer Announces Transformative Rebrand to Litesport

Litesport

Litesport, formerly known as Liteboxer, the leading trainer-led VR fitness company, announces its rebrand to reflect the brand’s evolution and continued expansion into workout modes beyond boxing. The new visual identity and name demonstrates the company's growth and marks a significant milestone, as the brand releases a monumental update to their popular VR-fitness app, including Strength Training. With the addition of the strength modality, Litesport creates an accessible, inviting and convenient environment for any and all fitness enthusiasts by bringing real trainers to your home. Litesport continues to disrupt the VR fitness industry with their new Strength Training mode which uses cutting-edge VR features, such as passthrough, hand-tracking, and mixed-reality to enable trainers to appear in the user's own space and provide effective dumbbell-based workouts. This addition to the app provides a first-of-its-kind experience with tried-and-true exercises, ensuring correct form while lifting weights as well as showcases Litesport's commitment to helping at-home fitness enthusiasts build strength, while increasing the app's appeal to a wider audience. The Liteboxer VR fitness app launched just over one year ago and now with the rebrand it includes Boxing, Total Body, and Strength workouts. The app has over 940,000 installs to date, and CEO and Founder, Jeff Morin, is delighted with the progress. Reflecting on the app's evolution since the original release in March 2022, Morin said, "The app has changed so much in the past 12 months. We added full body workouts with the launch of Total Body 6 months ago, and it became obvious that this made-for-VR, trainer-led experience is really something special. People love it, and it's a huge differentiator for us." Litesport's unique offering provides a workout experience that is personalized, interactive and is led by world class trainers. Members enjoy the one-on-one coaching experience, which they might not have access to otherwise due to time, cost, or location. Morin explains, "We are unique in the space where the trainer is in front of you, showing what you do for the entire workout. Not just an intro, not a voiceover, but right in front of you - showing you good form, sweating, and doing the work. Now take that, add the interactivity and the feedback made possible by working out in the headset, and we have something pretty addictive. That's what we're all about." The new Strength Training mode differs from the other workouts in the app, as it does not provide a 'score,' 'leaderboard,' or 'match' results. Instead, trainers provide guidance throughout the workout, targeting 16 key muscles, which are showcased on the interactive muscle map. Members have the ability to filter content by specific muscle groups to change the focus of each workout to reach their goals. The mode is intended to motivate members to compete with themselves, improving their muscle map and getting stronger with each workout. Morin concludes, "Building strength is essential, and we want to make it accessible to everyone. With Strength Training, we hope to give people who may have never sought out a strength workout - a starting point. They can find a workout to help strengthen their lower back so they might more easily pick up their toddler, whatever it might be. Our muscle map makes it simple to pick a target area, and the tracking and accountability will, we hope, make them come back to it and feel the result, but as a side effect of having fun in the app and doing something they enjoy." Litesport's app is available to download in the Oculus Store for $18.99/month, with a 7-day free trial. There is also an option to sign up for a free membership, which provides limited access to content. The app is compatible with Meta Quest, Quest 2, and Quest Pro headsets, providing immersive and fun workouts in the comfort of your own home. To learn more about Litesport, please visit www.litesport.com and @ LitesportVR on TikTok. About Litesport Litesport, formally Liteboxer, combines hit music, game dynamics, and expert training to create the world's most immersive workouts. By combining innovative boxing, full body, and strength training workouts, Litesport creates the ultimate virtual reality fitness experience placing real, certified trainers in the convenience of your own home. Litesport is designed to make your at-home workouts accessible and teach form accuracy while also keeping your goals at the forefront. Contact Details Powers PR Courtney Stewart courtney@powers-pr.com Company Website https://litesport.com/

March 29, 2023 09:03 AM Eastern Daylight Time

Video Image
Article thumbnail News Release

NEW APP RESEARCH REVEALS NEARLY 50 MILLION ADULT AMERICANS HAVE PLAYED PICKLEBALL IN THE LAST 12 MONTHS; AVERAGE AGE DROPS TO 35

APP

America’s fastest growing sport continues its meteoric rise; Updated 2023 Association of Pickleball Professionals (APP) research highlights include 19% of Americans 18+ have played pickleball in the last 12 months, a 35% increase since August 2022 The Association of Pickleball Professionals (APP) has unveiled updated pickleball participation research which reveals that 48.3 million adult Americans – nearly 19% of the total adult population – have played pickleball at least once in the past 12 months. This represents an increase of 35% since the APP’s last research was concluded in August 2022, when the adult participation number reached 36.5 million. The updated study also revealed that the average age of pickleball players is 34.8 years, considerably younger than previously assumed, highlighting the growth of the game, in particular, among people between 18 and 44. The new research reveals additional data points for demographics and geographics of the pickleball-playing population in the United States. Demographics – Who is Playing Pickleball the Most? Avid pickleball players (those playing at least once per month) are much younger than ever stated or assumed. The latest research reveals that the average age of avid pickleball players is 34.8. More than 70% of avid pickleball players are between the ages of 18 and 44; 40% are between 25 and 34; and 18% are between 18 and 24. Additionally, since August 2022 there has been an 86% growth in players aged 35-44, and a 32% growth in casual players (those playing at least once per year). Pickleball is an inclusive sport by nature, appealing to all demographics, but the highest concentration of avid players are male – 62%. Among casual players, 57% are male and 43% are female. Geographics – Where Are People Playing Pickleball? The APP’s latest research also shows the hotspots of where pickleball is being played throughout the United States. The research revealed the top 10 DMAs (Designated Market Areas) account for 45% of all pickleball participation, with New York City and Los Angeles accounting for more than 21%. The top 10 DMAs for pickleball participation are: New York: 11.3% of the DMA population has played pickleball at least once in the past 12 months (5.5m) LA: 9.6% of the DMA population has played pickleball at least once in the past 12 months (4.7m) Dallas-Fort Worth: 5.2% of the DMA population has played pickleball at least once in the past 12 months (2.5m) Miami-Fort Lauderdale: 3.1% of the DMA population has played pickleball at least once in the past 12 months (1.5m) San Francisco - Oakland - San Jose: 2.9% of the DMA population has played pickleball at least once in the past 12 months (1.4m) Washington DC: 2.9% of the DMA population has played pickleball at least once in the past 12 months (1.4m) Houston: 2.5% of the DMA population has played pickleball at least once in the past 12 months (1.2m) Chicago: 2.5% of the DMA population has played pickleball at least once in the past 12 months (1.2m) Atlanta: 2.3% of the DMA population has played pickleball at least once in the past 12 months (1.1m) Seattle - Tacoma: 2.2% of the DMA population has played pickleball at least once in the past 12 months (1.1m) “The APP’s latest research proves that the rapid growth of pickleball continues unabated,” commented Tom Webb, Chief Marketing Officer of the APP. “We revealed in January just how fast participation numbers have increased in the last two years, and now we now are able to answer the question, ‘who is playing pickleball?’. Those people are younger than anyone thought, and there are many more people playing pickleball than has ever been seen before. “Over the past few years, we have seen this sport spread at an unprecedented rate – from recreational play in driveways, schools and clubs, to competitive leagues and tournaments, to the elite players at the professional level. That growth has brought a remarkable influx of players nationwide - they are younger, more diverse, and can be found in more places than anyone ever thought. Every day we hear stories across the nation of a new pickleball facility breaking ground, courts being built, and local communities gathering together to take part in the sport for the first time – and falling in love with pickleball. As stewards of the sport, the APP is honored to represent the nearly 50 million players who are now finding so much enjoyment from the game every day. Through the APP’s research, we are proud to be at the forefront of understanding the pickleball revolution – not only learning the metrics of how popular pickleball is becoming in the USA, and around the world, but solidifying our understanding of just how far the game has come, and leading where it goes.” About the APP Founded in 2019, the Association of Pickleball Professionals (APP) elevates the sport of pickleball by providing elite platforms for the best players in the world, right through to the millions of people picking up a paddle for the first time. Serving professional pickleball players, senior professionals, amateurs and recreational players in the fastest growing sport in the USA, the APP is the first and only tour officially sanctioned by USA Pickleball. The 2023 APP Tour slate has 16 tournament stops planned, in addition to International and Collegiate Series events. The APP also prides itself on developing the next generation of champions through its Next Gen Series and other youth initiatives. Follow the APP via APPTour.org, on Instagram, Twitter, Facebook, LinkedIn and YouTube. Contact Details The APP Tom Webb +1 512-952-9369 twebb@theapp.global Company Website https://apptour.org/

March 29, 2023 08:20 AM Eastern Daylight Time

Article thumbnail News Release

Averting Food Crises: The Synergy of Fertilizers and Predictive Analytics for Food Security

Sage Potash

Food security is a global concern, with the world’s population rising, a struggle to meet climate targets and the war in Ukraine triggering particularly severe disruptions to global markets for critical raw materials. Food crises create human suffering and require emergency relief, which is why we must find ways to prevent them from happening. One route is safeguarding fertilizers, which are critical to enhancing agricultural productivity and crop yields. Another is using predictive analytics. This article discusses fertilizer production with reference to CF Industries Holdings, Inc. (NYSE: CF), The Mosaic Company (NYSE: MOS), IBM (NYSE: IBM), and Sage Potash (TSX.V: SAGE).  Food security depends on raw inputs like natural gas or minerals like potash and nitrogen in fertilizer production. Fertilizers are crucial to enhance crop yield and quality, but the past eighteen months have been volatile. Indeed, geopolitical tensions, energy prices, and economic weakness have impacted the production rates and prices of fertilizer ingredients. Agriculture is a sector that operates cyclically, where farmers need to plan for their fertilizer purchases. However, if fertilizer prices are too high, farmers may choose to delay their purchases in hopes of lower prices in the future. This delay could impact the quality of the following year’s harvest if the farmers have yet to acquire enough fertilizer. Ensuring a reliable domestic supply of critical ingredients is essential to avoid such situations. This can reduce the likelihood of sudden and significant fertilizer price increases, providing stability and security to the agricultural sector. The geopolitical unrest, sparked by Russia’s aggression towards Ukraine and the resulting sanctions that impact 40% of the world’s potash sources (originating from Russia and Belarus), has made the creation of a self-sufficient supply in the United States the only viable option. For instance,  Sage Potash Corp  (TSX.V: SAGE) is exploring a large-scale, high-grade potash resource within the Paradox Basin of Southeast Utah and pioneering a new scalable, environmentally friendly and more cost-effective method of potash production in the US which could ensure a short path to initial production. Meanwhile, CF Industries Holdings, Inc. (NYSE: CF), the world’s largest ammonia producer, is  joining  forces with South Korea’s leading chemical company LOTTE CHEMICAL Corporation. Together they will assess the development of and investment in a greenfield clean ammonia production facility in the United States. Ammonia is a key ingredient in the production of nitrogen-based fertilizers. Securing a domestic supply of critical ingredients essential to producing fertilizers ensures a stable supply that should be more cost-effective than importing. It can also help support domestic industries and create jobs. Predictive analytics can likewise help secure the domestic supply of fertilizer ingredients. By analyzing data on domestic production levels, consumption patterns, and market trends, predictive analytics can help identify potential supply chain disruptions and other risks that could affect the availability of critical ingredients. Decision-makers can use this data to develop contingency plans and take proactive measures to ensure a stable supply of these ingredients. The Mosaic Company (NYSE: MOS), a global leader in the production of two vital agricultural nutrients, concentrated phosphate and potash, has been collaborating with  PwC  to leverage advanced analytics and climate modeling to help it make informed decisions, manage risk and support the stability of the global food system. Meanwhile, a recent Science.org article  discusses predicting food crises using news streams. Researchers used recent advances in deep learning to analyze 11.2 million news articles published between 1980 and 2020 that focused on food-insecure countries. By extracting high-frequency precursors to food crises that are both interpretable and validated by traditional risk indicators, the researchers were able to create more accurate predictive models. The study shows that leveraging machine learning techniques to analyze news articles can help predict food crises with greater accuracy and timeliness than traditional risk indicators alone. This could improve emergency relief efforts and reduce the impact of food insecurity on vulnerable populations. Furthermore, farmers can also use predictive analytics to optimize fertilizer application, reduce waste, improve crop management, and enhance supply chain management.  IBM (NYSE: IBM) is a company heavily investing in predictive analytics. Its IBM Watson Decision Platform for Agriculture  uses  Watson AI to analyze data and provide predictive insights that support better-informed and more confident decision-making. Both fertilizer ingredient supply and predictive analytics play a crucial role in preventing food crises by contributing to sustainable and resilient food systems capable of supporting population growth.  IBM and Latin American-based nonprofit  Plan21 Foundation  have partnered to support smallholder farmers in Latin America to increase their productivity and income. The partnership will create a phone app to help farmers learn how to use weather and crop data and calculate their carbon footprint. This will help them manage their crops more effectively and sustainably and make better choices in dealing with climate change.  CF Industries Holdings, Inc. (NYSE: CF) is focused on providing sustainable energy to support global food and fuel needs. It aims to decarbonize its ammonia production network, the largest in the world, to produce green and blue hydrogen and nitrogen products for use in energy, fertilizer, emissions reduction, and other industrial applications. CF Industries  delivered  outstanding results in 2022, producing record financial performance for the fourth quarter and full year.  Sage Potash Corp (TSX.V: SAGE) is an American potash exploration company that has just launched on the TSX Venture exchange. It owns a large-scale, high-grade potash resource within the Paradox Basin of Southeast Utah. The Company is pioneering a scalable and cost-effective method of production that will also have greater environmental sustainability and a shorter lead time to initial production.  The Mosaic Company (NYSE: MOS) is  one  of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single-source provider of fertilizers and feed ingredients for the global agriculture industry. Contact Details Sage Potash Peter Hogendoorn +1 604-764-2158 peter.hogendoorn@sagepotash.com Company Website https://sagepotash.com

March 29, 2023 08:00 AM Eastern Daylight Time

1 ... 126127128129130 ... 316