Kuraray Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President: Hitoshi Kawahara; hereinafter “Kuraray”) hereby announces its decision to donate approximately US$45,000 to the NGO Polish Humanitarian Action (PAH)* and approximately US$45,000 to the United Nations High Commissioner for Refugees (UNHCR) for humanitarian assistance related to the situation in Ukraine.
Poland is hosting a large number of people displaced from Ukraine. The Company’s U.S. subsidiary MonoSol, LLC. is constructing a new plant in Poland, and has decided to make these donations to the above NGOs in order to provide humanitarian aid in the country.
Furthermore, MonoSol, LLC. will match donations made by its employees, while Kuraray’s European subsidiary, Kuraray Europe GmbH, will also match donations made by its employees, in addition to providing supplies, housing and other support to those who have been displaced.
The Kuraray Group fervently hopes that the world will return to peace and safety as soon as possible.
|1.||Donation amount: Approximately US$90,000|
|2.||Recipient: Polish Humanitarian Action (PAH); United Nations High Commissioner for Refugees (UNHCR)|
|*Polish Humanitarian Action (PAH)||A Polish NGO that has been working since 1992 to provide humanitarian aid.|
|Company name||MonoSol, LLC|
|President and CEO||Christian Herrmanns|
|Capital||US$59,050 thousand (wholly owned subsidiary of MonoSol Holdings, Inc.)|
|Business||Manufacture and sale of industrial-use PVA film|
|Location||707 E. 80th Place Suite 301, Merrillville, Indiana 46410, U.S.A.|
|Company name||Kuraray Europe GmbH|
|Capital||31,188 thousand euros (100% investment by Kuraray)|
|Business||Import and sale of Kuraray products in Europe, and manufacture and sale of PVA resin and PVB resin and film in Europe|
|Location||Philipp-Reis-Straße 4 D-65795 Hattersheim am Main Germany|