Indorama Ventures Sets Up Special Fund To Support Local Projects

BOBINGEN, Germany — June 3, 2020 — Thailand concern Indorama Ventures PCL (IVL), Trevira’s parent company, has pledged to provide financial support to selected charities during the COVID-19 pandemic through a special appeal fund. The money is to be allocated to local projects helping people and organizations facing especial hardship due to the coronavirus crisis. During this challenging time, IVL wants to increase its support for social initiatives, especially in those regions and communities where its companies are based. This includes projects in Guben (Brandenburg) and Bobingen (Bavaria), the homes of two Trevira sites. IVL has already allocated a sum of money to these two areas, while additionally, all IVL employees — including Trevira staff — have been invited to contribute to the fund on a voluntary basis.

To be selected for funding, eligible projects must first be put forward by the staff of Indorama and subsidiaries such as Trevira. This ensures that the projects have a local connection to the areas where the companies are based. An internal, international jury evaluates the submissions and selects the projects it thinks will benefit most from support.

A total of five charities were chosen for the Guben and Bobingen regions, and on Tuesday, May 19, funds totaling 11,556 euros were distributed among three charities in Guben. Guben plant manager Thomas Rademacher visited each of the three charities in person to present them with the cheques. This gave the Trevira representative a chance to find out more about the fantastic work carried out by the charities, and to learn more about how they have been affected by the Covid-19 pandemic.

The ‘Gubener Tafel’, a food bank run by the national Association for the Unemployed (State of Brandenburg branch) received 3,000 euros. The food bank redistributes food that would otherwise be thrown away to people in need, relying entirely on donations to carry out its work. At the beginning of the pandemic, it had to close down its operation temporarily as hygiene requirements made it impossible to deliver food to clients. However, thanks to the creativity and commitment of the food bank’s directors, it was only a short while before 300 people could once again receive support.

Posted June 3, 2020

Source: IVL