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POSCO donates US$ 1 m protection equipment and perform 100 days operation against COVID19
As part of its efforts to help to mitigate COVID-19, POSCO, a leading steel producer from South Korea, has donated US$1 million worth of personal protective equipment (PPE) and rapid test kits to Indonesia.
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Timely help: The president director of PT Krakatau POSCO, Kim Jhi-yong (left), presents a POSCO donation that resembles Korean-made COVID-19 rapid test kits to Cilegon Mayor Edi Ariadi in Cilegon on May 13. (Courtesy of PT KP)
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s part of its efforts to help to mitigate COVID-19, POSCO, a leading steel producer from South Korea, has donated US$1 million worth of personal protective equipment (PPE) and rapid test kits to Indonesia. The company has also launched an initiative called 100 Days of Operation for War Against COVID-19 to protect the company and its employees from the deadly novel coronavirus.
POSCO, which operates steel plants in Indonesia and many countries in the world, has donated $1million worth of PPE, including masks, emergency handling equipment and COVID-19 rapid test kits to all its employees and their families, business partners, local communities and local governments.
The donation — which was raised through a collaboration between the POSCO headquarters in Pohang, South Korea, and its representative offices in Indonesia — is aimed at supporting local communities and local administrations in preventing the rapid spread of COVID-19 in Indonesia.
The POSCO headquarters distributed 32,000 Korean copper masks, which can be reused multiple times, to all employees and their families of PT Krakatau POSCO (PT KP) in Cilegon, Banten, as well as its 31 contractor partner companies. These masks, which are worth $900,000, were distributed to provide safety to local communities and protect the national steel industry from the effects COVID-19.
PT KP, a joint venture between state-owned PT Krakatau Steel and POSCO Korea, is determined to protect its workers, their families and local people in Cilegon, where the company’s steel plant is located.
The donation was also a part of POSCO’s corporate slogan for Indonesia: Building a Better Future Together.
POSCO Group in Indonesia has also donated $100,000 worth of COVID-19 rapid test kits made in Korea and emergency handling equipment to the local administrations of Cilegon, Karawang, West Java, Merauke, Papua and other areas to mitigate the impacts of COVID-19.
In an effort to implement strict preventive measures and the protect national steel industry from COVID-19, POSCO declared the 100 Days of Operation for War Against COVID-19 operation, which began on April 7 and will end on July 15.
Director of Production Lee Sang Ho said that “PT KP carries out control measures to prevent the spread of the virus, with the aim of zero positive COVID19 cases among all employees and their families.”
“Whenever a natural disaster hit Indonesia, POSCO has been there to extend its helping hand to the Indonesian people. In the past, POSCO donated $500,000 each to the victims of the Sulawesi earthquake [October 2018] and Sunda Strait tsunami [January 2019].”
Through its Steel Village voluntary initiative, POSCO has built houses in the Cilegon area in the past few years. As part of its corporate social responsibility program, POSCO has been teaching local communities since 2018. Its One Village One Product, which increases productivity and sales through local community cooperatives, has been empowering local people.
In addition, POSCO also has been providing scholarships for 40 students in Indonesia every year since 2006, including full scholarships for masters and doctoral programs in Korea. Every year, POSCO helps up to eight Indonesian teenagers develop their talents and prepare themselves for the future.
POSCO Group has launched a total of nine companies in Indonesia, including PT KP, steel processing company PT POSCO IJPC (PT IJPC) in Karawang, West Java, PT Bio Inti Agrindo (PT BIA) in Merauke, Papua, trading company PT POSCO International Indonesia (PT PII) in Jakarta.
POSCO and all employees together, will always try to develop its business in Indonesia and work for a better future.
