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2020-04-08

LANXESS India donates INR 20 million to PM CARES Fund to combat COVID-19

  • Contribution part of its CSR strategy
  • Multi-pronged approach includes Product donation, Essentials donation and financial support

Mumbai, 8 April, 2020 - To help fight the current coronavirus pandemic in India, specialty chemicals company LANXESS today donated INR 20 million to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) as part of its CSR initiative.

The company has adopted a multi-pronged approach to support the fight against the spread of the Coronavirus. The comprehensive support includes product donation (Rely+On™ Virkon™) and essential supplies donation, besides the financial support to the PM Cares fund.

LANXESS India has pledged an additional INR 3 million for donation of material such as face masks, disinfectants, hand sanitizers, liquid soaps, groceries, etc. in the states of Maharashtra, Gujarat and Madhya Pradesh, around the areas in which its sites operate. Based on the local requirements, the material will be procured locally at each location and will be handed over to the respective Municipal Corporations and Government agencies.

LANXESS India had recently donated its highly effective surface disinfectant Rely+On™ Virkon™ to Thane Municipal Corporation (TMC) to reduce cross contamination of COVID-19 in civic hospitals and other establishments.

Commenting on the contributions, Neelanjan Banerjee, Vice Chairman and Managing Director, LANXESS India said, “The coronavirus continues to cause new fatalities every day across the globe. We hope that our contribution to the PM CARES Fund and material donation will support the government in fighting the disease and help communities get immediate relief from COVID 19. We believe that the current crisis needs our undivided support and are doing our best to help the Government in its efforts.”

Mumbai – 8 April, 2020

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.

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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