81 articles for

July 2009

NORTHROP GRUMMAN: Records $236Mil for Envt’l. Cleanup at June 30

Northrop Grumman Corporation recorded environmental remediation costs of US$236 million, which is accrued in current liabilities.

Management estimates that as of June 30, 2009, the range of reasonably possible future costs for environmental remediation sites is US$187 million to US$267 million.

Los…

MOSAIC CO: In Talks w/ Gov’t. Over Bird Fatalities at N.M. Plant

The Mosaic Company is in discussions with federal authorities over the prevention of migratory bird fatalities at the Company’s potash facility in Carlsbad, N.M.

The Company’s potash facility has implemented a program, in cooperation with federal authorities, to prevent and mitigate…

HALLIBURTON CO: Accrues $53M for Envt’l. Liabilities at June 30

Halliburton Company’s accrued liabilities for environmental matters were US$53 million as of June 30, 2009, compared with US$64 million as of Dec. 31, 2008.

The Company’s total liability related to environmental matters covers numerous properties.

The Company has subsidiaries that have been…

ALCOA INC: Reserves $303Mil at June 30 for Environmental Cleanup

Alcoa Inc.’s environmental remediation reserve balance was US$303 million at June 30, 2009, compared with US$316 million at Dec. 31, 2008.

Of those amounts, US$30 million at June 30, 2009 and US$39 million at Dec. 31, 2008 were classified as current…

UNION PACIFIC: Oregon DEQ Seeking $40,000 Penalty on Derailment

The Oregon Department of Environmental Quality, on June 9, 2009, notified Union Pacific Corporation’s subsidiary, Union Pacific Railroad Company, that the DEQ would seek US$40,000 in civil penalties over a derailment incident near Kamela, Ore.

The Railroad received notice from the…

EXELON CORP: Remediation at West Lake Landfill Site to Cost $37M

Exelon Corporation says that the current estimated cost of the anticipated remediation for the West Lake Landfill in Missouri is US$37 million, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 24, 2009.

The U.S.…

MOSAIC CO: In Talks With EPA to Resolve NSR Requirements Matter

The Mosaic Company continues to engage in ongoing discussions with U.S. Environmental Protection Agency representatives to resolve matters over “New Source Review” requirements of the Clean Air Act.

In January 2006 and March 2007, EPA Region 6 submitted administrative subpoenas to…

EXELON CORP: Records $147M Environmental Liabilities at June 30

Exelon Corporation recorded US$147 million for environmental investigation and remediation as of June 30, 2009, compared with US$151 million as of Dec. 31, 2008.

The Registrants (the Company, Exelon Generation Company, LLC, Commonwealth Edison Company, PECO Energy Company) own or lease…

CONTINENTAL AIRLINES: Prevailed in Honeywell Actions on June 15

Continental Airlines, Inc. says that, on June 15, 2009, it received an arbitrator’s decision in its favor, which found that Honeywell International, Inc. is not entitled to indemnification and defense from the Company with respect to claims concerning the U.S.…

BRASKEM SA: Expends BRL98.9Mil for Environmental Control in 2008

Braskem S.A.’s consolidated annual expenditures on environmental control were BRL98.9 million in 2008, BRL92.7 million in 2007 and BRL73.8 million in 2006.

To dispose of its industrial wastewater and solid hazardous waste, the Company contracts its jointly controlled company Cetrel S.A.…

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