RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears 
McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment 
Bank of America's $72.5M Epstein Settlement: What You Need to Know 
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
FLORHAM PARK, N.J., Aug. 31, 2017 -- BASF Corporation announced it will donate $500,000 to aid with disaster relief across Texas in the aftermath of Hurricane Harvey. Funds will be distributed to local non-profit organizations assisting in the relief and rebuilding efforts.
“Safety and attending to the immediate needs of our employees, their families and neighbors near our operations remains the highest priority during these challenging times,” said Wayne T. Smith, Chairman and CEO, BASF Corporation. “We stand together with the people of Texas as they recover and rebuild.”
BASF has also established a relief fund for BASF colleagues to make charitable contributions to fellow employees or to local organizations that will be matched dollar-for-dollar by the company up to an additional $500,000.
As part of the direct assistance to its employees impacted by the wide-spread flooding, the company is offering BASF employees and their families financial support, temporary housing, kits of personal care products, diapers and other needed supplies as well as construction/cleanup equipment and other repair products.
BASF operates 10 sites in Texas and employs nearly 3,000 people across the state. Its location in Freeport is the one of the largest BASF manufacturing sites in North America.
About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,500 employees in North America, and had sales of $16.2 billion in 2016. For more information about BASF’s North American operations, visit www.basf.us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.
For more information contact: Roberto “Bob” Nelson BASF Corporation Tel: (973) 245-5230 Email: [email protected] Dave Johnson BASF Corporation Tel: (973) 245-5389 Email: [email protected]
