Dow commits US $3 million to aid COVID-19 relief efforts

The company adjusts manufacturing processes to produce hand sanitizer

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Dow has announced a commitment of US $3 million (approximately Rs 22 crore) to help fund COVID-19 relief efforts with donations going towards global relief organizations, as well as non-profits in communities where Dow operates. In addition, the company announced it has begun producing hand sanitizer at its manufacturing site in Stade, Germany, and is repurposing an existing facility to produce hand sanitizer in the US, as well.

Relief efforts include

US $2 million (approximately Rs 15 crore) for immediate support of impacts caused by COVID-19. Funds will support the following relief efforts

  • Donation to COVID-19 Solidarity Fund to support the World Health Organization (WHO) efforts around the world
  • Donation to Direct Relief, humanitarian aid organization, to distribute medical supplies
  • Support for local and regional non-profit organizations in Dow communities around the globe
  • Other funds earmarked for emerging needs
  • US $1 million (approximately Rs 7 crore) to build community resilience in the recovery phase
  • Production of 300 tons of hand sanitizer per month, equivalent to 600,000 standard bottles (500ml each) for donation to pharmacies and hospitals in Stade, Germany and other regions in Germany
  • The company is also rapidly repurposing an existing facility to produce hand sanitizer in the US.

These donations will help distribute essential supplies, such as personal protective equipment to frontline health workers, and they will help protect the health and lives of people affected by poverty or emergencies by mobilizing and providing essential medical resources.

“Safety is our top priority at Dow. With the unprecedented impacts of COVID-19 impacting our world, we are committed to helping protect the health and safety of our employees and communities, while deploying our business solutions where they are needed most,” said Jim Fitterling, chief executive officer of Dow. “We appreciate this crisis places extreme stress on non-profits, social services, small business and health care sectors, and we are working to provide fast, flexible funding, as well as adjusting our manufacturing processes where we can help address those needs.”

“The Dow Company Foundation harnesses the power of team Dow and directs our time, talent, and resources to address the world’s most pressing challenges,” said Howard Ungerleider, president and chief financial officer and chair of the Dow Company Foundation. “Through this initial commitment, we are sending immediate financial support to organizations directly addressing the COVID-19 crisis and working to protect the resiliency of our communities.”

Dow will continue to monitor emerging local and global needs as the COVID-19 situation evolves to effectively leverage Dow innovation, people and resources.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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