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14 Mär 2022

Judd Legum, Popular Information

USA: Koch Industries continues doing business in Russia despite full-scale military invasion of Ukraine

Koch Industries continues doing business in Russia, 14 March 2022

Koch Industries, the conglomerate run by right-wing billionaire Charles Koch, has numerous ongoing business operations in Russia. Since Russia's invasion of Ukraine, Koch Industries has given no indications that those business operations have been suspended. On the contrary, the limited public comments made by Koch subsidiaries operating in Russia indicate that their business activities have continued.

Guardian Industries, for example, is a wholly-owned subsidiary of Koch Industries...has two glass production plants that operate in Russia...

...[A] Guardian spokesperson indicated its employees are continuing to work at its Russian facilities after the invasion of Ukraine...

Molex is an electronic components manufacturer...Molex offers its products through a network of third-party distributors across Russia and offers a version of its corporate website in Russian...It has posted two letters regarding "business continuity" in Eastern Europe. The first letter, posted February 25, 2022, says the company is "monitoring the ongoing developments between Russia and Ukraine." It says that the company is "actively monitoring our existing land, sea and air carriers with routes traversing Ukraine and Russia." Further, "route adjustments have been initiated to mitigate product disruptions between Molex and our customers."

The second letter, posted March 1, 2022, is identical except "ongoing developments between Russia and Ukraine" has been changed to "ongoing developments in Eastern Europe." The words "Russia and Ukraine" were also removed from the header of the letter...

Neither Koch-Glitsch or Koch Engineered Solutions has publicly commented on the Russian attack on Ukraine. Several requests for comment by Popular Information were not returned...