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BASF donates $1,000 to Racine County Food Bank
Gift commemorates company’s first day of operation in Racine
FLORHAM PARK, N.J., July 10, 2006 -- To commemorate the company’s first day
of operation in the community following the acquisition of Johnson Polymer,
BASF has presented a $1,000 “Helping Make Communities Better” grant to the Racine County Food Bank, Racine,
Wis.
“BASF is known as the company that ‘helps make products better.’ We also
have a strong commitment to helping make the communities in which we work and
live better," said Gerry Podesta, Vice President, Performance Chemicals,
for BASF Corporation. “We’re delighted to support the Racine County Food Bank
and its efforts to distribute to food pantries, emergency shelters, community
meal sites, social service agencies, and more than 50 affiliates throughout the
region.”
The Racine County Food Bank facilitates the distribution of food and other
necessities to individuals in need through a network of direct service
providers. Founded in 1983, the food bank manages food drives and collections,
warehousing, and distribution of more than 330,000 pounds of food each
year.
"What is remarkable is that all of this work is coordinated by just two
staff members,” said Podesta. “To continue to be successful, the Racine County
Food Bank depends on the support of the community.”
BASF announced the acquisition of Johnson Polymer, a subsidiary of
JohnsonDiversey Inc. of Sturtevant, Wis., on May 2. The deal closed on June 30
and Johnson Polymer officially became part of BASF’s Performance Chemicals
business unit on July 1. This division produces and markets a broad range of
specialty chemicals worldwide including colorants and additives used in
coatings applications.
BASF - The Chemical Company. We don't make a lot of the products you buy.
We make a lot of the products you buy better.® BASF Corporation,
headquartered in New Jersey, is the North American affiliate of BASF AG,
Ludwigshafen, Germany. BASF employs about 10,000 people in North America and
had sales of approximately $11.3 billion in 2005. For more information about
BASF’s North American operations, or to sign up to receive news releases by
e-mail, visit www.basf.com/usa.
As the world’s leading chemical company, BASF's portfolio ranges from
chemicals, plastics, performance products, agricultural products and fine
chemicals to crude oil and natural gas. BASF’s intelligent system solutions and
high-value products help its customers to be more successful. BASF develops new
technologies and uses them to open up additional market opportunities. It
combines economic success with environmental protection and social
responsibility, thus contributing to a better future. In 2005, BASF had
approximately 81,000 employees and posted sales of more than $50.4 billion.
BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA),
New York (BF), and Zurich (AN). Further information on BASF is available on the
Internet at www.basf.com.
For more information, contact:
John C. Schmidt
BASF
Tel: (973) 245-6405
E-mail: john.schmidt@basf.com
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