104 articles for

January 2009

SCHNITZER STEEL: Cites $17Mil for Auto Parts Business at Nov. 30

Schnitzer Steel, Inc.’s environment reserves, as of Nov. 30, 2008, include US$17 million for potential future clean-up of Auto Parts Business locations.

The Company or its subsidiaries have conducted business or allegedly disposed of other materials at these locations. No environmental…

MOSAIC CO: Accrues $29.1Mil for Environmental Matters at Nov. 30

The Mosaic Company accrued about US$29.1 million for environmental matters at Nov. 30, 2008, compared with US$22.8 million at May 31, 2008.

The Company has contingent environmental liabilities that arise principally from three sources:

— Facilities currently or formerly owned by the…

MOSAIC CO: Works with EPA Probe on Mineral Processing Facilities

The Mosaic Company continues to cooperate with the U.S. Environmental Protection Agency Office of Enforcement and Compliance Assurance’s review on facilities in mineral processing industries, including phosphoric acid producers.

The Office of Enforcement and Compliance Assurance has announced that it has…

MOSAIC COMPANY: Could Face Charges on Possible EPCRA Violations

The Mosaic Company may face enforcement actions by the U.S. Environmental Protection Agency or the U.S. Department of Justice over possible violations of Section 313 of the Emergency Planning and Community Right-to-Know Act.

The DOJ sent a letter dated July 28,…

MOSAIC CO: Awaits KDHE Response on Hutchinson Sinkhole Measures

The Mosaic Company is awaiting a response from the Kansas Department of Health and Environment (KDHE) over proposed measures at the Company’s sinkhole, located at the salt solution mining and steam extraction facility in Hutchinson, Kans.

In January 2005, the 210-foot…

MONSANTO CO: Remand Motion on Dioxin Injury Case OK’d on Dec. 19

A federal court, on Dec. 19, 2008, granted plaintiffs’ motion to remand, to West Virginia state court, 78 personal injury cases related to exposure to dioxin, in which the suits involve Monsanto Company.

On Oct. 1, 2007, 78 separate, single plaintiff…

MOSAIC CO: In Talks w/ Gov’t. Agencies on Phosphogypsum Systems

The Mosaic Company continues to talk with various United States government agencies on financial assurances for Phosphogypsum Management Systems in Florida and Louisiana.

In Florida and Louisiana, the Company is required to comply with financial assurance regulatory requirements to provide comfort…

SHAW GROUP: E&I Has $5.4M for Environmental Liability at Nov. 30

The Shaw Group Inc.’s Environmental and Infrastructure segment had US$5.4 million of environmental liabilities at Nov. 30, 2008, compared with US$5.7 million at Aug. 31, 2008.

These liabilities were recorded in other liabilities in the accompanying balance sheets.

The Company also records…

MOSAIC CO: Bid to Disallow Permit on Ona Mines Extension Pending

Petitioners’ appeal on the Deputy Secretary of the Florida Department of Environmental Protection’s order to grant a permit for the Ona extension of The Mosaic Company’s phosphate mines in central Florida is pending in the District Court of Appeal of…

SCHNITZER STEEL: Records $3.181M Current Liabilities at Nov. 30

Schnitzer Steel Industries, Inc.’s current environmental liabilities were US$3,181,000 as of Nov. 30, 2008, compared with US$3,652,000 as of Aug. 31, 2008.

Environmental liabilities, net of current portion, were US$37,676,000 as of Nov. 30, 2008, compared with US$40,052,000 as of Aug.…

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