INVISTA’s Parent Company Donates $1 Million For Japan Relief Efforts
In the wake of the March 11 earthquake and tsunami in Japan, INVISTA’s parent company, Koch Industries, Inc., is donating $1 million for disaster relief efforts, giving $500,000 each to the American Red Cross and The Salvation Army.
“Our hearts go out to the people of Japan as they deal with overwhelming and unfolding challenges,” said Dave Robertson, president and COO of Koch Industries. “Although our presence in Japan is small with only seventy-five employees, this is an important humanitarian effort. We hope these funds will help the Japanese people as they set out on the path to recovery.”
INVISTA has offices in Tokyo and Osaka, with 36 employees working in the fiber, chemical intermediates and polymer markets across Asia. INVISTA is also part of a fiber-production venture in Shiga.
“We are so thankful that our colleagues in Japan are safe and accounted for,” said Richard Dobzelecki, vice president of INVISTA Intermediates Asia. “We extend our deepest condolences to the victims of the catastrophic Tohoku earthquake and the resulting tsunami, and our heartfelt wish for the speedy reconstruction of the affected areas.”
In addition to the $1 million donation from Koch Industries, Georgia-Pacific LLC—another Koch company—is contributing its bath tissue and paper towels, and Dixie® brand plates, cups and tableware, to the ongoing relief effort through organizations like Convoy of Hope and Feed The Children.
About Koch Industries, Inc.
Based in Wichita, Kan., Koch Industries, Inc. is one of the largest private companies in America according to Forbes magazine. It owns a diverse group of companies involved in refining and chemicals; process and pollution control equipment and technologies; minerals; fertilizers; polymers and fibers; commodity trading and services; forest and consumer products; and ranching. Koch companies have a presence in nearly 60 countries and employ about 70,000 people. Since 2003, Koch companies have completed more than $32 billion in acquisitions and investments, and nearly $11 billion in capital expenditures.
INVISTA Government and Public Affairs, Asia