235 articles for

September 2008

BHP BILLITON: Provides Updates on Envtl. Fines Imposed in FY2008

BHP Billiton Limited disclosed in its Annual Report on Form 20-F for the year ended June 30, 2008, certain environmental-related fines imposed against five of the Company’s businesses during the fiscal year 2008.

In November 2007, the Company’s aluminium business in…

BROWN SHOE: $2M Accrued at Aug. 2 for N.Y. Tannery, Landfills

Brown Shoe Company, Inc., has an accrued liability of US$2 million at Aug. 2, 2008, related to remediation efforts at its closed New York tannery and two associated landfills, which has been discounted at 6.4%. On an undiscounted basis, this…

HOVNANIAN ENT: EPA, DOJ Review on Discharge Practices Ongoing

Hovnanian Enterprises, Inc.’s storm water discharge practices remain subject to a review by the Environmental Protection Agency Region 3 and the Department of Justice.

In March 2005, the Company received two requests for information pursuant to Section 308 of the Clean…

CASEY’S GENERAL: Accrues $246,000 for Remediation, Legal Costs

Casey’s General Stores, Inc., at July 31, 2008, had an accrued liability of about US$246,000 for estimated expenses regarding corrective actions or remediation efforts, including relevant legal and consulting costs.

The U.S. Environmental Protection Agency and several states, including Iowa, have…

BROWN SHOE: Reserves $7.9M as of Aug. 2 for Redfield Remediation

Brown Shoe Company, Inc.’s reserve for the anticipated future remediation activities for its owned facility in Colorado at Aug. 2, 2008, amounted to US$7.9 million, of which US$1 million is included in accrued expenses and US$6.9 million is accrued within…

TOLL BROTHERS: Probe on Storm Water Discharge Practices Ongoing

A review on the Toll Brothers, Inc.’s storm water discharge practices continues related to homebuilding projects in the states comprising Environmental Protection Agency Region 3.

In January 2006, the Company received a request for information pursuant to Section 308 of the…

SPARTECH CORP: Accrues $513T as of Aug. 2 for N.J. River Study

Spartech Corporation, as of Aug. 2, 2008, had US$513,000 accrued related to its share of funding and related legal expenses regarding the Lower Passaic River.

In September 2003, the New Jersey Department of Environmental Protection issued a directive, and the U.S.…

TOLL BROTHERS: Consent Order Inked in Aug. for Storm Water Issue

Toll Brothers, Inc., in August 2008, signed a consent order with the Illinois Attorney General and the State Attorney of Lake County, Ill., regarding alleged violation on storm water discharge regulations in Lake County.

Previously, in October 2006, the Illinois Attorney…

CITGO PETROLEUM: To Pay $13M Fine for Discharge to 2 La. Rivers

WASHINGTON — September 17, 2008 — CITGO Petroleum Corp., a Delaware corporation, pleaded guilty and was sentenced to pay a $13 million fine for the negligent discharge of pollutants into two rivers in Louisiana in violation of the Clean Water…

TRUAX OIL: To Pay $137T EPA Penalty for 2006 Oil Spill in Oregon

SEATTLE, Washington — September 17, 2008 — On Sept. 12, 2008, the U.S. Department of Justice (DOJ) lodged a Consent Decree in federal court to settle alleged violations of the federal Clean Water Act by Truax Oil, Inc.

Truax is a…

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