Singapore, China, Australia, Japan, Korea and India, May 28, 2008 – Within five days of the earthquake’s occurrence in Sichuan province, China, German specialty chemicals group LANXESS has raised more than US$150,000(S$205,000 or RMB 1,000,000) from its employees and offices in China and various parts of the world.  The donation will be made to Red Cross.  

On 13 May, a day after an 8.0 Richter scale quake hit Sichuan province in southwest China, Mr. Yongli Wang, President of LANXESS Greater China, sent an e-mail to LANXESS employees in China, calling them to help the people affected by the quake.  This initiative was embraced wholeheartedly by all 900 employees in LANXESS China.  By 19 May, voluntary donations by LANXESS’s Chinese employees have already exceeded RMB 139,000 (US$19,000). Among the donations, about 10% of the employees donated RMB 500 (US$71) or above, including several employees who contributed even more than RMB 1000 (US$143).  In turn, LANXESS China topped up the employee contributions by RMB 330,000 (US$47,400).  In total, 469,000 RMB (US$67,000) was raised by LANXESS in China.

Moved by the plight in China and the generosity of the local employees, donations from LANXESS in other countries poured in.  This included donations of EUR 50,000 (US$78,000) by LANXESS’s headquarters, US$4,800 by LANXESS KK, and contributions by employees of LANXESS Korea and LANXESS Pte Ltd.  

Mr. Wang said, “LANXESS employees have shown their great sympathy and generosity to those affected by such a major disaster in China.  We have every reason to believe that, by combining our physical and financial resources with human care and kindness, we can help rebuild the city of Sichuan and make it a better place.”  Mr. Wang also expressed his sincere thanks to overseas colleagues for their donations to the Chinese people.

LANXESS Donation to Myanmar Cyclone Relief Efforts
Last week, LANXESS’s Asia Pacific offices in Singapore, Australia, Japan, Korea and India donated EUR 6,900 (approximately US$10,800) to the International Federation of Red Cross and Red Crescent Societies for their emergency cyclone relief efforts in Myanmar.  According to the International Federation, the contributions by LANXESS will help assist approximately 100 families for the next 6 weeks in providing emergency shelter, utensils and drinking water.

LANXESS is a leader in specialty chemicals with sales in 2007 of EUR 6.61 billion and currently around 15,200 employees in 21 countries. The company is represented at 50 production sites worldwide. The core business of LANXESS is the development, manufacture and sale of plastics, rubber, intermediates and specialty chemicals.

Singapore,     May 28, 2008

 

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