BASF Donates EUR100,000 for Indonesia Relief Efforts - InsuranceNewsNet

InsuranceNewsNet

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading newswires
Topics
  • Life Insurance
  • Annuity News
  • Health/Employee Benefits
  • Property & Casualty
  • Advisor News
  • Washington Wire
  • Fiduciary Rule
  • INN Exclusives
  • Newswires
  • INNsider
  • INN Exclusives
  • NewsWires
  • Magazine
Sign in or register to be an INNsider.
  • INN Exclusives
  • NewsWires
  • ★ Regulation News
  • Podcast
  • Magazine
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Susbcribe

Get Social

  • Facebook
  • Twitter
  • LinkedIn
  • Google+
Insider
newswires
newswires RSS Get our newsletter
Order Prints Share
October 9, 2018 newswires No comments Views: 25

BASF Donates EUR100,000 for Indonesia Relief Efforts

Targeted News Service (Press Releases)

LUDWIGSHAFEN, Germany, Oct. 8 -- BASF, a producer of chemicals, plastics, performance products and crop protection products to oil and gas, issued the following news release:

BASF SE has decided to contribute EUR100,000 to relief efforts in Sulawesi in Indonesia. With funding from BASF, BASF Stiftung, a charitable foundation based in Germany, will support international disaster relief activities as immediate aid to victims of the September 28 earthquake and tsunami.

The donated funds will be used to deploy relief measures in Indonesia such as emergency supplies, sanitation materials and health support.

Sanjeev Gandhi, member of the Board of Executive Directors of BASF SE and responsible for the Asia Pacific region, said, "We offer our deepest sympathy to the victims of the disaster. Fortunately, all employees of BASF and BASF sites in Indonesia are safe following the earthquake and tsunami in Sulawesi."

Daniel Loh, President Director, BASF Indonesia, added, "BASF and BASF Stiftung will also provide support to employees affected by the disaster. Our aim is to offer rapid support for recovery efforts in the region."

About BASF Stiftung

BASF Stiftung is a charitable foundation incorporated in civil law, and it is recognized as a non-profit organization by the respective tax authority. It was founded as the BASF Jubilaums-Stiftung in 1948, and it gradually evolved in several stages into the BASF Stiftung in 2012. It supports employees of BASF SE and its subsidiary companies, their family members and other individuals and families who are experiencing hardship through no fault of their own. BASF Stiftung also provides humanitarian contributions to international development cooperation and disaster relief. Fully committed especially to the Sustainable Development Goals BASF Stiftung focuses its international activities on supporting programs and projects of the United Nations and in case of natural disaster on proven organizations with global outreach.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of EUR64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

Older

Gov. Scott Requests Pre-Landfall Disaster Declaration, Extends Emergency Order

Newer

Debate Shows Baldwin Turned Her Back on Wisconsin

Advisor News

  • Going Broke Remains Top Concern In Retirement: CPA Survey
  • More Than 1 In 4 Americans Would Consider Divorce Over A Financial Secret
  • Financial Advisors Can Do Some ‘Life Coaching’
  • Commonwealth Financial Network Licenses Its 360° Software To MassMutual
  • The Way We’ve Always Done It Won’t Work With Millennials
More Advisor News

Annuity News

  • Securian Financial Posts Solid 2018
  • SEC Extends Comment Period For Proposed Rules On VA And Variable Life Disclosures
  • ‘Dream House’ Raffle Winner Choice: Historic California Home Or $5M Annuity?
  • RGA Announces Longevity Transaction With Manulife
  • Jackson National Inks Deal To Distribute Annuities To RIAs
More Annuity News

Health/Employee Benefits

  • Insurance Networks, Doctor Referrals Don’t Always Offer Full Picture
  • What Medicare For All Might Look Like If It Really Happened
  • Furloughed Workers Withdrew From Retirement Funds: Study
  • Democrats Roll Out Bill To Let Americans Buy Into Medicare At 50
  • Survey Finds Health Plans Are Struggling With Value-Based Reimbursement
More Health/Employee Benefits

Life Insurance

  • Securian Financial Posts Solid 2018
  • Understanding The Benefits Of Whole Life Insurance
  • Allianz Life Reports Solid 2018 Financial Results
  • Man Who Defraud Union In Life Insurance Scam Sentenced To Probation
  • SEC Extends Comment Period For Proposed Rules On VA And Variable Life Disclosures
Sponsor
More Life Insurance

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.
select Newsletter Options

Most Popular

  • NAIC Group Puts IUL Illustration ‘Multipliers’ Under Microscope
  • How Agents Are Making It Big On The Internet
  • Understanding The Benefits Of Whole Life Insurance
  • What If The Market Goes Up? Why An FIA Is Better Than Stocks
  • Brighthouse Launches First Life Product Since MetLife Spinoff

Featured Offers

Text Ads

Press ReleasesAll press releases

  • Great American’s Annuity Customers Share Their Secrets to a Great Retirement
  • Securian Financial Introduces Affordable, Protection-Focused IUL with No-Lapse Guarantee
  • TD Ameritrade Institutional Integrates with iPipeline to Automate New Account Opening
  • RFP R2019-78
  • Bunker Launches Live Certificates of Insurance, A Modern Solution to Insurance Fraud and Non-Compliance
Add your Press Release >

Topics

  • Life Insurance
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty News
  • Advisor News
  • Washington Wire
  • Regulation

Top Sections

  • INN Exclusives
  • INN Insider

Our Company

  • About
  • Editorial Staff
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter Google+
© 2019 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • Sitemap
  • AdvisorNews

Sign in with your INNsider Account

Not registered? Become an INNsider.