STOCK TITAN

Atotech and Nabet India launch Covid-19 awareness campaign “Atotech Cares”

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
covid-19
Rhea-AI Summary

Atotech (NYSE: ATC) has launched a Covid-19 relief campaign in collaboration with NABET INDIA, targeting the Sidhrawali and Manesar areas in India. The initiative aims to support local communities through the distribution of personal protective equipment (PPE), testing, vaccination services, and food rations for families impacted by the pandemic. Over two months, the campaign is expected to assist around 2,000 people. Atotech's ongoing commitment to Corporate Social Responsibility includes community engagement and partnerships to enhance safety and well-being during challenging times.

Positive
  • Atotech's Covid-19 relief campaign will support around 2,000 people, helping those affected by the pandemic.
  • The initiative demonstrates Atotech's commitment to Corporate Social Responsibility, enhancing the company's reputation in local communities.
  • The partnership with NABET INDIA expands community outreach and aligns with Atotech's global community engagement efforts.
Negative
  • None.

BERLIN, June 08, 2021 (GLOBE NEWSWIRE) -- Atotech (NYSE: ATC), a leading specialty chemicals technology company and a market leader in advanced electroplating solutions, is joining together with National Association For The Blind (Employment & Training) (NABET INDIA), a Non-Governmental Organization (NGO), based in Gurgaon India in order to increase the impact of our Covid-19 relief activities.

Today, Atotech, NABET INDIA, and the local authorities announced the official launch of an awareness and support campaign in the Sidhrawali and Manesar areas. As part of the campaign, the local communities will receive personal protection equipment (PPE), testing and vaccination services as well as enhanced training on preventative measures to prevent the spread of Covid-19. Families which have suffered from job loss caused by the pandemic will receive food rations.

The campaign will last two months, and it is expected to reach around 2,000 people, which is around 30 percent of the local population.

Naveen Goudar, Managing Director of Atotech India says: "I’m very proud of how quickly we have been able to reach out and support the communities in the Sidhrawali and Manesar areas. Atotech makes health & safety the top priority of our working environment. Today, we are expanding that priority and are delivering on our promise to give back to the communities where we are active by contributing to their protection and well-being in these challenging times.”

Usha Mishra, Managing Trustee of NABET INDIA explains: "In India, Covid-19 has disproportionately affected the lives of the poor and disabled, especially in rural areas. In this population, people lack education and information about how they can best protect themselves and others. Therefore, I am extremely glad to partner with Atotech for this important project. I’m convinced that it will contribute to improving everyone’s safety.”

Atotech is sponsoring the campaign and will also provide employee volunteers. NABET INDIA will liaise with the local and district authorities, manage procurement and distribution as well as mobilize villagers and coordinate activities.

Atotech successfully operates two sites in Sidhrawali and Manesar (India) that contribute to Atotech’s global success as they are crucial for many of Atotech’s customers, especially in the Asian market. Recently, Atotech celebrated the inauguration of its R&D and TechCenter in Manesar, a world-class R&D facility serving as a global hub for Atotech’s development, testing and qualification of some of the most innovative and sustainable products in the surface finishing industry.

As part of Atotech’s Corporate Social Responsibility (CSR) commitment, Atotech encourages community volunteerism and engagement at the local level, across the world. Atotech organizes and participates in numerous CSR-related events worldwide. As part of these efforts, the company works with various global partners serving multiple needs in society. Among these are scholarship programs, donations to environmental organizations, and charitable activities such as supporting families in need. In the coming years, Atotech plans to expand its activities to serve a wider portion of the communities in which it operates in.

About National Association for The Blind (Employment & Training)

National Association for The Blind (Employment & Training) Manesar (NABET) is a registered NGO in Gurgaon committed to provide employment to the visually impaired/ handicapped and weaker sections of the society. Providing training and employment to the visually impaired is its flagship project. Through its center in Gurgaon the NGO aims to provide training for developing IT/ITES skill of its beneficiaries through its skill development programs.

About Atotech

Atotech is a leading specialty chemicals technology company and a market leader in advanced electroplating solutions. Atotech delivers chemistry, equipment, software, and services for innovative technology applications through an integrated systems-and-solutions approach. Atotech solutions are used in a wide variety of end-markets, including smartphones and other consumer electronics, communications infrastructure, and computing, as well as in numerous industrial and consumer applications such as automotive, heavy machinery, and household appliances. Atotech, headquartered in Berlin, Germany, is a team of 4,000 experts in over 40 countries generating annual revenues of $1.2 billion (2020). Atotech has manufacturing operations across Europe, the Americas, and Asia. With its well-established innovative strength and industry leading global TechCenter network, Atotech delivers pioneering solutions combined with unparalleled on-site support for over 9,000 customers worldwide. For more information about Atotech, please visit us at atotech.com.


FAQ

What is Atotech's recent initiative regarding Covid-19 in India?

Atotech has launched a Covid-19 relief campaign in collaboration with NABET INDIA to support local communities in Sidhrawali and Manesar.

How many people will benefit from Atotech's Covid-19 relief campaign?

The campaign is expected to support around 2,000 people.

What services are included in Atotech's Covid-19 relief efforts?

The campaign includes the distribution of PPE, testing, vaccination services, and food rations for affected families.

What is the duration of Atotech's Covid-19 relief campaign?

The campaign will last for two months.

How does Atotech demonstrate its commitment to Corporate Social Responsibility?

Atotech engages in various initiatives, including community support and partnerships, to improve local safety and well-being.

ATC

NYSE:ATC

ATC Rankings

ATC Latest News

ATC Stock Data

4.42B
36.98M
Paint and Coating Manufacturing
Manufacturing
Link