Mar 16 2011 |
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Dow Announces Emergency Aid and Rebuilding Support in Response to Japanese Earthquake and Tsunami
DUBAI, UNITED ARAB EMIRATES - March 16, 2011 - The Dow Chemical Company (NYSE: DOW) announced today the Company will make a donation of up to $6 million in humanitarian aid in response the earthquake and subsequent tsunami that struck Japan March 11.The Company 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, Dow chairman and CEO.. "It's clear that the need for assistance is paramount in Japan, so we hope our contributions can help expedite emergency response and the country's efforts to rebuild."
About Dow
Dow (NYSE: Dow) combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean
The Dow Chemical Company
and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About Dow in the Middle East
Dow has a longstanding relationship with the Middle East beginning with the establishment of manufacturing and commercial facilities in the United Arab Emirates more than 30 years ago. Since then, Dow has established a solid presence in the Middle East petrochemicals industry, partnering with leading regional companies to set up state-of-the-art petrochemical complexes across the region. For 15 years, Dow and Petrochemical Industries Company K.S.C. (PIC) of Kuwait have shared one successful milestone after another, partnering on six industry-leading joint ventures. Saudi Aramco and Dow are in the formation process of a joint venture to build, own and operate a world-scale integrated chemicals complex in the Eastern Province of the Kingdom of Saudi Arabia. From the entrepreneurship initiatives of Young Arab Leaders to the new Dow Middle East and Africa R&D Center at the King Abdullah University of Science and Technology in Saudi Arabia, Dow actively supports the social and economic aspirations of the communities where it operates. For more information about Dow in the Middle East, please visit:
For further information on Dow:
Dow:
Hani Wassim
Dow Middle East
Tel: +971 4 312 3668
hwassim@dow.com
Reuven Proenca or Nisreen Sarryeh
Weber Shandwick MENA (Dubai)
Tel: +971 4 321 0077
Dow@ws-mena.com
© Press Release 2011
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