· Buses to be used for transporting differently-abled school children and municipal school students
· Spends over INR 1.60crores under its CSR initiatives for the year 2019-2020 in Nagda
Nagda, July 24, 2020–Specialty Chemicals Company LANXESS today handed over two buses to the beneficiaries for transportation of government school students and differently-abled children in the town of Nagda. The handover was done in a symbolic manner keeping in mind all social distancing norms.
The donation was part of Corporate Social Responsibility projects committed by the company for the year 2019-2020 under which five projects were implemented with an expenditure of over INR 1.6 crores over the year.
LANXESS had received requests seeking support in providing better transport facility for the differently-abled and municipal school children. These students were finding it difficult to travel to school in the absence of comfortable and affordable transport facilities. The company acknowledged this need and supported it by donating two buses to SNEH Foundation and Shashkiya Kanya Shala.
The other four projects included setting up of a 5 bed state-of-the-art Intensive Coronary Care Unit (ICCU) at the Nagda Civil Hospital, installation of solar street lights in Durgapura and Mehatwas, installation of drinking water storages in Takrawda and Bhikampur and greening of the Chambal riverbed, a step towards increasing ground water levels.
LANXESS also took cognizance of the current COVID-19 situation and stepped forward to help the community at the local and national level in fighting the pandemic. It donated relief material worth INR 10 lakhs to the local authorities in Nagda in the form of face masks, disinfectants, hand sanitizers, liquid soaps, etc. For the current year 2020-2021, the company has already contributed a sum of INR 2 crores to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to help in fight against coronavirus. In addition, LANXESS helped with relief materials in Jhagadia, Gujarat and Thane, Maharashtra as well. It also collaborated with the Akshaya Patra Foundation to provide over 30,000 free meals to the needy.
Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India commented, “We feel energized to have been able to contribute significantly towards the community needs in Nagda as well as other locations. We will continue to play our role of a responsible corporate citizen in the region and remain committed to its overall development.”
Speaking on the occasion, Sanjay Singh, Site Head - Nagda, LANXESS India said, “LANXESS has always kept the interests of the people of Nagda in mind before undertaking CSR projects in the region. We look forward to more such projects in future and seek the local community’s support in bringing constructive change in the region. I also thank the local authorities of Nagda for their continued support and guidance.”
About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,300 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.
Nagda, July 24, 2020
Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.
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