Joint News Release - Magna and BASF Team Up to Conquer Cancer in Road Hockey Fundraiser

Please click HERE for a PDF version of the release.

AURORA and MISSISSAUGA, CANADA, September 29, 2017 -- Magna International Inc. and BASF made a joint donation of $20,000 to Road Hockey to Conquer Cancerfor the Princess Margaret Cancer Foundation. The team was among the top 30 donors to the cause.

They also teamed up for a friendly road hockey tournament and fundraiser that featured a variety of celebrity appearances. Former Toronto Maple Leaf, Todd Warriner joined the Magna/BASF team as an honourary player.

“We’re proud to team with up BASF in the ongoing effort to conquer cancer,” said Marc Neeb, Chief Human Resources Officer, Magna International. “The teamwork and determination shown at the road hockey tournament is a fitting symbol for those battling cancer, as well as the great work done by the Princess Margaret Cancer Foundation.”

“In some way, we have all been affected by cancer,” said Marcelo Lu, President of BASF Canada. “It is important for us to be able to connect with others, and take action in support of the Princess Margaret Cancer Foundation’s vision to conquer the disease in our lifetime.”

The joint donation will help support breakthrough cancer research, patient care and education programs.


MEDIA INQUIRIES:

Tracy Fuerst, Magna International Inc.
Tel.: (248)631-5396
Email: tracy.fuerst@magna.com

Jimena Lock, BASF Canada
Tel.: (905)301-4019
Email: jimena.a.lock@basf.com


ABOUT MAGNA

We are a leading global automotive supplier with 327 manufacturing operations and 100 product development, engineering and sales centres in 29 countries. We have over 161,000 employees focused on delivering superior value to our customers through innovative products and processes, and world class manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, vision, closure and roof systems and have electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.


ABOUT BASF

BASF Canada, headquartered in Mississauga, Ontario, has approximately 700 employees at 11 production facilities and offices located across Canada. BASF Canada is a subsidiary of BASF SE, Ludwigshafen, Germany and an affiliate of BASF Corporation. BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,500 employees in North America, and had sales of $16.2 billion in 2016. For more information about BASF’s North American operations, visit www.basf.us. To find out more about BASF’s activities in Canada, visit www.basf.ca or follow us on twitter www.twitter.com/basfcanada.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at www.basf.com.