Dow Announces $1 Million Support Toward Hurricane Harvey Relief, Recovery and Resiliency
Company supporting impacted employees and communities
MIDLAND, Mich.–(BUSINESS WIRE)–In response to the widespread devastation caused by Hurricane Harvey in
Texas, The Dow Chemical Company (NYSE: DOW) and The Dow Chemical Company
Foundation announced today the allocation of $1 million to support
immediate relief and long-term recovery and rebuilding efforts
associated with the storm and its aftermath as well as support for the
Company’s impacted employees.
“Our thoughts and prayers are with the entire region, including our
employees and the communities that we call home as the wrath of
Hurricane Harvey is endured,” said Andrew
Liveris, Dow’s chairman and chief executive officer. “Our primary
concern right now is the safety of our employees and communities, and
we’re working closely with our Dow families and local partners to help.”
As a part of this commitment, Dow is collaborating with national and
local partners providing critical services to individuals immediately
effected by the flood. To help meet this immediate need, Dow will donate
$100,000 to the American
Red Cross Disaster Relief Fund, $100,000 to Team
Rubicon, and $200,000 to other local nonprofit organizations
assisting the region.
Dow is also matching employee and retiree donations up to $100,000 to
the American Red Cross Disaster Relief Fund.
As recovery and rebuilding efforts begin, Dow will continue to engage
community partners to assess and respond to community needs not
currently identified across the region through a financial commitment of
$500,000, and in-kind and volunteer support.
Texas is home to approximately 12,000 Dow employees and contractors. Dow
has safely accounted for each of its employees, however, many are
personally impacted by the storm. To support its employees through these
challenges, Dow is offering interest-free loans and temporary housing as
needed. Communities impacted where Dow sites are located include
Seadrift, Freeport, Texas City, Deer Park, Beaumont, Bayport, La Porte
and Houston.
About Dow
Dow (NYSE: DOW) combines the power of science and technology to
passionately innovate what is essential to human progress. The Company
is driving innovations that extract value from material, polymer,
chemical and biological science to help address many of the world's most
challenging problems, such as the need for fresh food, safer and more
sustainable transportation, clean water, energy efficiency, more durable
infrastructure, and increasing agricultural productivity. Dow's
integrated, market-driven portfolio delivers a broad range of
technology-based products and solutions to customers in 175 countries
and in high-growth sectors such as packaging, infrastructure,
transportation, consumer care, electronics, and agriculture. In 2016,
Dow had annual sales of $48 billion and employed approximately 56,000
people worldwide. The Company's more than 7,000 product families are
manufactured at 189 sites in 34 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.
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affiliated company of Dow
Contacts
The Dow Chemical Company
Jarrod Erpelding
Media Relations
989.633.1863
[email protected]