BASF to Provide up to $1 Million to Support Hurricane Sandy
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 purpose."
BASF Corporation's disaster relief effort will also include the following:
-- 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 recovery efforts.
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 BASF Corporation Tel: (973) 245-6405 E-mail: email@example.com
Maureen Paukert BASF Corporation Tel: (973) 245-6077 E-mail: firstname.lastname@example.org
BASF Corporation 100 Park Avenue Florham Park, New Jersey 07932 http://www.basf.us