media release

USD 2.4 million relief for Turkish employees Akzo Nobel

Jan Andersson, the manager responsible for Turkey, visited the area just after the earthquake hit.

 “I’m very impressed by the way our people handled the situation”, he said after his return. “The factory management paid a lot of attention to the human aspect of this disaster, helping both our employees and the people of the region. We brought medicines and water to some of the tent cities in the area and supported people with basic furniture and kitchen equipment. After that we started to raise money to rent flats and to repair or rebuild houses. This support from Akzo Nobel is very important for these families.”

Colleagues from various Akzo Nobel sites around the world have raised money to assist their Turkish colleagues. Marshall Boya’s management has donated around USD 1 million to meet different urgent needs and Akzo Nobel’s Board of Management in the Netherlands has decided to donate up to USD 1.4 million for the construction of homes. The Marvak Foundation has been especially founded to supervise and administer this project for Marshall Boya employees.

Akzo Nobel, based in the Netherlands, serves customers throughout the world with healthcare products, coatings, chemicals and fibers. The company currently employs approximately 85,000 people in almost 70 countries. Consolidated sales for 1998 totaled EUR 12.5 billion (USD 13.8 billion). Financial results for the third quarter of 1999 will be announced on October 27.

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