BASF to Provide up to $1 Million to Support Hurricane Sandy Relief
FLORHAM PARK, NJ -- (Marketwire) -- 11/09/12 -- BASF today announced
that it will donate up to $1 million to support Hurricane Sandy
relief and recovery in the Northeast.
Through BASF Foundation USA, BASF will make a $250,000 cash donation
among the Governor's Funds in affected states. BASF Foundation USA
will also match employee contributions to tax-exempt organizations
(under section 501(c)(3) of the Internal Revenue Code) directly
involved in Hurricane Sandy relief efforts up to an additional
$250,000. Working with its customers, BASF will provide up to
$500,000 worth of products to support re-building efforts.
"BASF will do everything we can to ease the suffering and speed the
recovery of people devastated by Hurricane Sandy and its aftermath,"
said Hans Engel, Chairman and CEO of BASF Corporation. "The lives and
communities of our neighbors, employees and customers along the east
coast have been severely affected. We consider supporting the relief
and recovery efforts to be part of our company's mission and
BASF Corporation's disaster relief effort will also include the
-- Establishing a program to provide short-term aid for the immediate
needs of BASF employees seriously impacted by Hurricane Sandy.
-- Organizing a volunteer day for employees to participate in relief and
Additionally, BASF employee groups, including Women in Business, the
Asian Business Community and the African American Employee Group, are
conducting food and clothing drives to support the New York Cares
Coat Drive and Jersey Cares.
BASF - The Chemical Company
BASF Corporation, headquartered in Florham Park, New Jersey, is the
North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has
more than 16,000 employees in North America, and had sales of $20
billion in 2011. For more information about BASF's North American
operations, visit www.basf.us.
BASF is the world's leading chemical company: The Chemical Company.
Its portfolio ranges from chemicals, plastics, performance products
and crop protection products to oil and gas. We combine economic
success, social responsibility and environmental protection. Through
science and innovation we enable
our customers in almost all
industries to meet the current and future needs of society. Our
products and system solutions contribute to conserving resources,
ensuring healthy food and nutrition and helping to improve the
quality of life. We have summed up this contribution in our corporate
purpose: We create chemistry for a sustainable future. BASF posted
sales of about EUR 73.5 billion in 2011 and had more than 111,000
employees as of the end of the year. Further information on BASF is
available on the Internet at www.basf.com.
For more information contact:
John C. Schmidt
Tel: (973) 245-6405
Tel: (973) 245-6077
100 Park Avenue
Florham Park, New Jersey 07932
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