Dow Announces $1 Million Support Toward Hurricane Harvey Relief, Recovery and Resiliency
August 29 2017 - 8:30AM
Business Wire
Company supporting impacted employees and communities
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.
®TM Trademark of The Dow Chemical Company (“Dow”) or an
affiliated company of Dow
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The Dow Chemical CompanyJarrod ErpeldingMedia
Relations989.633.1863jarrod.erpelding@dow.com
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