Latin America News Q1 2020

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Welcome to the first issue of the new year! I hope you’ve
had a wonderful couple of months.

As always, Latin America News magazine was launched to provide
you with all of the latest features and cutting-edge opinion pieces from across
South America. This quarter, we delve into large-scale infrastructure projects
in Peru, start-up expansion in Mexico, and manufacturing expertise in Brazil.
After all, for as much of a spotlight there is on other parts of the world,
South America often gets overlooked.

Yet, businesses across the region continue to grow, improve
and innovate. These businesses – in every industry and sector – have risen
above significant challenges and obstacles, driving economies and fuelling the
very lifeblood of their respective countries. Ultimately, Latin America News
was launched to celebrate business success of all shapes and sizes in this hub
of creativity and inspiration, and we will continue to do so while companies
achieve extraordinary things every day.

With that, the team here at Latin America News hope that you
enjoy reading this edition and wish you a wonderful couple of months ahead.

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Wärtsilä Converts Brazilian Power Plant To Run On Gas For Improved Sustainability

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Wärtsilä Converts Brazilian Power Plant To Run On Gas For Improved Sustainability And Competitiveness

The technology group Wärtsilä will convert a Brazilian power plant to 100 percent natural gas operation, while at the same time increasing output from 85 MW to 92 MW. This will reduce the plant’s operational costs, and lessen its environmental impact. The contract with Rio Amazonas Energia (RAESA) is for the Cristiano Rocha power plant in Manaus, Brazil, and was signed in November 2019. In addition to the conversion, the two companies have signed a long-term service agreement with power plant performance guarantees.

The conversion will involve converting the existing five Wärtsilä 46GD dual-fuel combustion engines to five Wärtsilä 50SG gas fueled engines and the additionally required common system upgrades. The improved plant performance will raise its overall competitiveness, especially with regard to future energy auctions, and enhance RAESA’s possibilities for extending its existing Power Purchase Agreement (PPA) which is set to expire in 2025. Under the PPA, the company is contracted to supply energy to the national grid.

“The combination of converting to fully gas-powered operation and having a supporting long-term service agreement will deliver clear economic, performance, and environmental benefits. Wärtsilä is known for its capabilities in gas conversions, and we feel confident about the successful outcome of the project. This upgrade provides an avenue to transform our business to a more viable future enterprise,” said Mr Edésio Nunes, CEO of Multiner S.A.

Tom Lindqvist, Service Projects at Wärtsilä Energy Business commented: “The outcome of this project will certainly be beneficial to RAESA. It will increase the reliability of the plant’s operation and diminish the operating costs, while the service agreement will optimise equipment maintenance and planning, guarantee the capacity, and enable predictability of maintenance costs. We shall have a dedicated technical consultant on hand at the plant to ensure that the capacity guarantees are met.”

The plant currently rents additional generators to ensure adequate output, and this cost will be eliminated when the conversion is completed. Furthermore, the use of natural gas fuel will reduce the plant’s environmental footprint by approximately 10 percent, representing some 35,000 Metric Tons of Carbon Dioxide Equivalent (MTCDE)/year, which equals the pollution from some 7600 cars.

The conversion is scheduled to be fully completed in the first half of 2021. Wärtsilä has earlier successfully completed a number of gas conversion projects involving more than 100 Wärtsilä gas engines and totaling more than 1.2 GW.

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More Than Two in Five American Caregivers Have Sacrificed Their Own Mental or Physical Health to Care for A Loved One

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More Than Two in Five American Caregivers Have Sacrificed Their Own Mental or Physical Health to Care for A Loved One

In a recent survey commissioned by Pria™ by BLACK+DECKER, a new automated medication dispenser and management device and the first direct-to-consumer product from STANLEY Healthcare, 41% of American caregivers (defined as those who have provided care for a loved one) say they have sacrificed their own mental or physical health to provide care to a loved one who is unable to care for themselves.

The survey was commissioned to celebrate today – National Caregivers Day – and highlight the many sacrifices made by caregivers across the country. It was conducted online by The Harris Poll among over 2,000 U.S. adults* and found that, in addition to sacrificing their own mental and physical health, caregivers were also making major sacrifices across all aspects of their daily lives.
Survey results showed that more than four out of five Americans (84%) have provided care for a loved one, and an overwhelming majority of them (82%) have made sacrifices in order to provide that care – the top sacrifice being time spent with others (61%), including their children (24%), significant others (38%), friends (39%) or others (22%). Other sacrifices they have made in order to provide care include sleep (48%), leisure time for activities such as reading or watching TV (46%), time for exercise (33%), healthy eating (31%) and their own personal care (31%). The impact of being a caregiver can even be felt in one’s career and finances, with 34% of caregivers reporting making monetary sacrifices such as money spent on groceries, medical needs, gas or parking, and 27% admitting to sacrificing responsibilities at work.

While providing care for a loved one requires a major time commitment, Pria was designed to give some of that time back.

“Pria allows me to continue to monitor my parents closely while allowing them to maintain their independence,” said Pria user Devin from Washington. “I even use check-ins to make sure my parents are exercising regularly and eating every meal.”

Pria by BLACK+DECKER understands the sacrifices made by caregivers and was designed to empower loved ones who desire to maintain independent at home while staying connected to their families. By employing a HIPAA-compliant platform, the voice-enabled tabletop robot provides caregivers real-time insight into their loved one’s adherence to both prescribed and over-the-counter medication therapy and wellbeing through a mobile application. Pria is the ultimate home healthcare tracking and management tool for independent individuals and their caregivers.

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Avery Dennison Believes In The Connected Future And Invests In New Factory In Brazil

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Avery Dennison Believes In The Connected Future And Invests In New Factory In Brazil

Avery Dennison is gearing up for future growth of RFID technology, improving the efficiency of processes and the relationship between brands. Just months after signing a deal to acquire Smartrac’s transponder division, the Company announced today the location of its next RFID (Radio Frequency Identification) manufacturing facility, its first in Brazil and fifth in the world. The new factory will be located in Vinhedo (SP), opening in 2021. Following the completion of the Smartrac acquisition, the company’s RFID business will represent a global platform with over $500 million in revenue offering long-term growth and profitability above the company’s average, through an extensive product portfolio.

The new facility in Brazil will manufacture a wide variety of inlay designs. Avery Dennison partners with Impinj and NXP to develop world-class RFID tags and incorporates the latest chip technology into its products. In 2019, Avery Dennison received the ARC certification for quality from Auburn University (https://rfid.auburn.edu/arcquality/), joining Smartrac as one of only two companies certified globally. In addition, all products comply with global industry standards and regulations.

As the world’s largest UHF RFID manufacturer, Avery Dennison offers solutions for a wide range of industries, from apparel, beauty and food retailing, to healthcare and aviation, among others. “We are very proud to announce this investment in Brazil as it represents an important step for industry 4.0 growth not only here, but throughout South America, with technology that has proven its ability to increase inventory accuracy, improve supply chain agility and increase visibility across all channels, besides enabling greater customer interaction and engagement”, says Ronaldo Mello, vice president and general manager, Avery Dennison Latin America. “In addition to Brazil, Avery Dennison’s RFID division has a plant in Mexico in Latin America,” adds Mello.

With advanced technology for the production of Radio Frequency Identification inlays, Avery Dennison’s new plant will have the potential to meet market growth, as evidenced by recent demands for projects in various segments, such as the solutions provided to Grupo Boticário. “We believe in a future where every item will have a unique digital identity and digital life, with the ability to create richer consumer encounters. We are committed to developing and expanding our Intelligent Labels business to enable this vision in many directions. Through a solid portfolio of intelligent RFID solutions, the new manufacturing facility will increase speed and delivery across South America, furthering our vision of a connected world.” said Francisco Melo, global vice president and general manager, RFID, Avery Dennison.

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United Nations Global Compact Launches ‘SDG Ambition’ Impact Initiative Aiming To Scale Up Business Action At The National Level

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United Nations Global Compact Launches ‘SDG Ambition’ Impact Initiative Aiming To Scale Up Business Action At The National Level

SDG Ambition provides outcome-oriented approach, aligned to the needs of companies aiming to become sustainable enterprises.

The United Nations Global Compact has launched SDG Ambition — a global impact initiative aimed at challenging and supporting companies to integrate the Sustainable Development Goals into their core business.

“The business community is not moving at the speed or scale needed to deliver the Sustainable Development Goals. The Goals will not become a reality without greater ambition as well as deeper integration within companies everywhere. We hope that SDG Ambition will establish a new normal for the global business community that is both bolder and more strategic in efforts to achieve the world we want,” said Lise Kingo, CEO and Executive Director of the UN Global Compact.

SDG Ambition was launched by UN Secretary-General Antonio Guterres — the UN Global Compact’s Board Chair — in Davos during the World Economic Forum. The initiative, supported by SAP and Accenture, will provide organizations with the management framework to help them incorporate sustainability and the SDGs into their business operations and to measure and manage their performance.

“SAP shares a joint vision with the UN Global Compact and Accenture to mobilize industry around SDG Ambition and scale impact for the 17 Sustainable Development Goals,” said Jennifer Morgan, co-CEO of SAP. “By inspiring our global ecosystems and bringing together our respective areas of expertise, we can empower businesses around the world to use ‘technology for good’ and provide the necessary tools to accelerate achieving the world’s 2030 Agenda for Sustainable Development.”

According to recent research by Accenture and the UN Global Compact, just 21% of CEOs believe business is playing a critical role in contributing to SDGs.

“The time for increased commitment and action is now, and SDG Ambition is a bold and practical response to this timely and urgent call to action,” said Julie Sweet, Accenture’s chief executive officer. “We are proud to stand with the UN and SAP as partners in unleashing the massive potential for innovation and disruptive technology to help address and solve critical issues at speed and scale across the globe.”

The UN Global Compact Local Networks, located in more than 60 countries, will lead the initiative’s implementation. SDG Ambition aims to engage more than 1,000 companies across industries in more than 40 countries to focus their sustainability efforts on high-impact strategies and business models. 

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5 Ways to Level-up Your Standard Business Meeting

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5 Ways to Level-up Your Standard Business Meeting

Are you engaged enough? Do you see other people falling asleep? Does productivity drop? These are only some of the issues that come with business meetings that fail to meet their potential.

Employees often report that attending or organizing meetings can waste resources and time. While sending an email can replace some gatherings, others are necessary. Therefore, people need to ensure they’re giving and receiving the most out of the meeting.

Time is valuable. When business meetings run long or are avoidable, they aren’t making the best use of that time. Here are five ways you can ensure your sessions are fresh and productive.


1. Timing and Planning

There’s no need for meetings to run long because that can slow efficiency and productivity. It’s important to time the meeting so it lasts only as long as it needs to. 

Often, you can cut down on time by focusing only on the main topic. Getting right to the point helps. 

Also, make sure you’ve planned the steps of the meeting. With a set schedule, you can avoid getting off track and instead stick to the topics at hand.


2. Engagement

If you notice people aren’t paying attention or invested, engagement is the key. Several things can help. 

Visuals are one. When people have something like infographics or statistics, they can better understand and participate in the meeting. Just make sure your visuals aren’t too lengthy. Some companies benefit from things like PowerPoint, but others steer clear of it altogether. 

Participating in the conversation helps raise questions and ensures everyone speaks up. They also allow the speaker or presenter to elaborate on unclear subjects. 

There should be no distractions. Many people bring other work or their phones to meetings. Getting rid of these distractions tightens focus and engagement. 


3. Nontraditional Dynamics

A fresh perspective can increase people’s investment in meetings. Does everyone need a change of scenery? Can the meeting take place on a walk to the coffee shop, or does it require something more interactive? 

Incorporating activities into meetings can help. Additionally, if there’s something that calls for more than a get-together, you can plan a corporate event of any scale instead.

Shaking things up grabs people’s attention. It could be the best move for your meetings.


4. Actionable Steps

Any meeting must be purposeful and productive. More efficiency leads to more productivity, and that’s a vital step to take. 

What comes after the meeting, though, is the next step to consider. Meetings should end with a call to action, or a way for people to move forward with everything they just learned. This provides people with direction and an idea of how to implement that information.


5. Feedback

In general, one of the best ways to improve anything is through feedback. In the workplace, feedback is necessary for business success, so it’s important to communicate. Constructive thoughts and opinions will help shape your meetings going forward. 

What is working well? What needs improvement? What new ideas can you introduce? With proper and efficient communication, you’ll see your meetings transform from good to great. 


Your Call to Action

With these steps, you can craft and shape your business meetings to be more streamlined and engaging. You’ll then start to see how productive gatherings evolve into something foundational for your company. 

When meetings run smoother, communication improves, and productivity remains high. Revitalizing these essential get-togethers can take your business above and beyond. 

You have the steps that are mutually beneficial for employees and managers. It’s time to engage and implement them for the good of the company.

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