Chemical companies rush aid relief work in Japan; donate upto EURO 1 million

Chemical companies rush to aid relief work in Japan; donate upto EURO 1 million

3:52 PM, 25th May 2011
Chemical companies rush to aid relief work in Japan; donate upto EURO 1 million
Nuclear Plants in Japan. (AP Photo)

Chemical companies are making donations for relief assistance work in Japan through the Japanese Red Cross Society. These companies are even matching their individual employee contributions via their match employee donation programme. Many of these firms have long standing relationships with Japanese firms and even have a significant number of employees in the region.


CHINA TOWN, SINGAPORE: Following the devastating earthquake and subsequent tsunami in Japan, chemical companies from all round the globe have announced aid for Japan for its relief work. Many companies have donated around EURO 1 million or $ 1 million through the Japanese Red Cross society for relief work as well as immediate relief and sustainable support.

 

To start off, Bayer is providing immediate financial aid to the value of EUR 880,000 – which is the equivalent of Yen 100 Million – to the Japanese Red Cross. The funds are intended to help assist communities or individuals severely affected by the catastrophic events. Furthermore, the company intends to provide the Japanese health authorities with around EUR 120,000 worth of health products that are urgently needed. In addition to the immediate relief, Bayer is also calling on its employees worldwide to make donations through the Bayer Cares Foundation. The company will match the donations up to the amount of EUR 250,000. These funds are to be used for a reconstruction project yet to be defined in one of the worst affected areas.

 

Announcing a donation of $ 1 million to the Red Cross to assist with disaster relief, Marius Kloppers, CEO, BHP Billiton said, “Japan is one of BHP Billiton’s largest country markets and we also have a range of Japanese joint venture partners across a number of our operations globally.” In addition to this donation, BHP Billiton will match employees’ individual donations through its matched giving programme.

 

Adding to this, Dow Chemical made a donation of up to $ 6 million in humanitarian aid in response to the devastation in Japan. Dow will donate $ 2 million to the city of Soma Community Rescue Fund; up to $ 3 million to the Soma region in Dow product, technology and financial resources for long-term rebuilding; and is developing a plan to offer employees a matching grant opportunity of up to $ 1 million. “Our thoughts and prayers are with the people of Japan, including our Dow family, communities and partners, who are coping with the aftermath of last week’s devastating earthquake and tsunami,” said Andrew Liveris, Chairman and CEO, Dow.

 

Contributing $ 1 million to the Japanese Red Cross Society for relief assistance, Exxon Mobil Corporation is also part of the efforts. The company has also implemented a worldwide program to match employee, retiree, dealer and distributor donations to Japanese disaster relief, up to a further $ 2 million. “ExxonMobil and its employees are deeply saddened by the devastation and loss of life suffered by the people of Japan by this horrific event,” said Rex W Tillerson, Chairman and CEO, Exxon Mobil Corporation. ExxonMobil affiliates employ approximately 2,900 people in Japan, and have petroleum and petrochemical refining and distribution, gas and power marketing and project engineering businesses in the country.

© WOC News

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