February 28, 2006
DaimlerChrysler offers aid to the Philippines
Stuttgart, Germany – Following the landslide on the Philippine island of Leyte, DaimlerChrysler AG is donating 20,000 Euros to reforest the devastated soil banks on the south side of the island. The money, which is earmarked for the environmental charity Euronatur, will be used to buy some 100,000 seedlings of native rainforest and fruit trees.
DaimlerChrysler has been involved with another part of the island since 2004, when it joined into a public private partnership with Deutsche Investitions und Entwicklungsgesellschaft (DEG) and the University of Hohenheim to cultivate the abaca fibre banana among native trees. The trees significantly reduce soil erosion, and the company is working to make economic use of abaca fibre in vehicle construction.