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LANXESS supports the community of Newcastle
A R1.5 million rand sponsorship to support Newcastle’s economy
Newcastle – Specialty chemicals company LANXESS is supporting the development of local small business enterprises. In partnership with the Newcastle municipality, the company has contributed R1,5 million which has been allocated to different small businesses around Newcastle.
Majority of businesses which benefited from this funding range from poultry farming to vegetable farming as well as agricultural mentoring.
During the official announcement of the sponsorship, LANXESS Managing Director, Karl Gassen, commended the entrepreneurs for taking the initiative to uplift their communities through starting businesses.
“As LANXESS, we believe in supporting businesses which are sustainable. It is pleasing to see aspiring entrepreneurs taking upon themselves to uplift their communities through starting businesses which do not only benefit themselves but also contribute to the economy of Newcastle,” said Gassen.
“Corporate responsibility is a central element of LANXESS’s core business. As an international specialty chemicals group, we bear a major responsibility toward the environment and the people within the community in which we operate in,” he concluded.
Speaking during the event, Oupa Hlapho, one of the beneficiaries, who owns a 20 hectares of vegetable farm which is situated in Ingogo, north of Newcastle, pointed out that he is grateful for the support that he received from LANXESS.
“The funding we received from LANXESS has been a great help to us because we did not only receive cash to boost our businesses but we were also provided with the professional mentor who guide us to the right direction as far as business is concerned.
Ever since I received financial assistance from LANXESS, I can proudly say that my business is growing in a positive direction and it is attracting a lot of clients including big supermarkets around Newcastle,” said Hlapho.