Bangkok--Jan 12--Unocal Thailand
Unocal said today that it will provide an additional US$3 million to assist with longer term recovery and reconstruction needs for communities in the South and Southeast Asia affected by the tsunami.
The US$3 million fund will be overseen by Unocal Foundation’s Board to develop projects in collaboration with the host governments and implement the projects in partnership with qualified organizations. Of the total fund, US$1 million will be directed toward assistance in Thailand to help the Thai people in recovery and reconstruction; US$1.5 million will be directed toward recovery projects in Indonesia. The remainder will be used to assist with needed items to be identified in the future. Priority of projects will be given to children’s welfare, rebuilding schools and medical clinics, and other long- term community sustainability.
In addition, Unocal Foundation will match employee contributions for disaster relief made through the International Federation of the Red Cross.
Unocal has already provided immediate and near-term disaster assistance to affected countries in Asia totaling US$275,000. Unocal Thailand has provided in kind assistance including emergency medical and relief supplies, and use of the company helicopter to transfer patients during the first days of the disaster.
Unocal has been active in Thailand for over 40 years. We are proud to have played our role in supplying indigenous energy resources for the Thai people and to be able to help improve thousands of lives which were affected by the tsunami disaster.
NR 02/2005
Contact:: Hatairat Artichart/Tatravan Ramanat
Corporate Communications
Tel: 662 545-5555 ext 5228, 5468
For additional information about Unocal Thailand and its activities, visit the company’s web site at www.unocalthailand.com End.