81 articles for

July 2009

BRASKEM SA: Records BRL51.2MM for Envt’l. Contingency at Dec. 31

Braskem S.A. has established a provision for environmental contingencies in the amount of BRL51.2 million at Dec. 31, 2008.

The Company used BRL239.5 million to perform maintenance on its plants during scheduled shutdowns during 2008 and BRL161.3 million in its safety,…

GENERAL MILLS: Involved in 4 Active Cleanup Locations at May 31

General Mills, Inc., as of May 31, 2009, was involved in four active cleanup sites associated with the alleged or threatened release of hazardous substances or wastes located in: Sauget, Ill.; Minneapolis; Carter, Mont.; and Moonachie, N.J.

These matters involve several…

NEWMONT MINING: Lava Cap Mine Issue Settled w/ EPA in Feb. 2009

Newmont Mining Corporation’s subsidiary, Newmont Capital Limited, and the U.S. Environmental Protection Agency settled an environmental matter over the Lava Cap mine in Nevada County, Calif.

In February 1999, the EPA placed the Lava Cap mine site on the National Priorities…

TEXAS INDUSTRIES: Claim on Proposition 65 Breach Settled June 9

Texas Industries, Inc. says that, on June 9, 2009, a settlement agreement in a case involving exposure to hexavalent chromium (chrome 6) at its Crestmore cement plant in Riverside, Tex., became effective.

The Company did not admit the allegations of the…

NEWMONT MINING: Preliminary Remedial Actions at Midnite Ongoing

Newmont Mining Corporation says that preliminary remedial actions, water treatment, and testing at the Midnite Mine Site on the Spokane Indian Reservation in the State of Washington are underway.

The Company’s 51-percent owned subsidiary, Dawn Mining Company LLC, previously leased an…

MITSUI & CO: Facing Action Over Prior Coronet Facilities in Fla.

Mitsui & Co., Ltd. and its United States subsidiary, Mitsui & Co. (U.S.A.), Inc. are named as defendants in one environmental action over Coronet Industries Inc.’s former facility in Florida.

The Company and Mitsui & Co. (U.S.A.) are shareholders of Coronet,…

GERDAU SA: Records BRL92.75MM Environmental Liability at Dec. 31

Gerdau S.A., as of Dec. 31, 2008, recorded BRL92,755,000 for investigation, treatment and cleaning of various potentially affected sites.

Of the above amount, BRL17,759,000 related to current liabilities and BRL74,996,000 related to non-current liabilities.

The steel industry uses and generates substances that…

TEXAS INDUSTRIES: Five More Chrome 6 Suits Filed Since Jan. 2009

Texas Industries, Inc. says that, since January 2009, five lawsuits have been filed against it or one or more of its subsidiaries over hexavalent chromium (chrome 6) exposure at its Oro Grande, Calif., cement plant.

In March 2008, the South Coast…

CSX CORP: Records $37M Current Environmental Reserves at June 26

CSX Corporation’s environmental reserves (under current liabilities) were US$37 million as of June 26, 2009, compared with US$42 million as of Dec. 26, 2008.

The Company’s environmental reserves (under long-term liabilities) were US$71 million as of June 26, 2009, compared with…

OCCIDENTAL PETROLEUM: Reserves $419Mil for 164 Sites at March 31

Occidental Petroleum Corporation’s environmental reserves at 164 sites amounted to US$419 million.

As of March 31, 2009, the Company participated in or monitored remedial activities or proceedings at 164 sites.

As of March 31, 2009, the Company’s environmental reserves exceeded US$10 million…

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