December 2, 2008

EQUISTAR CHEM: Has $3M Accrued at 3Q08 for Future Cleanup Costs

COMPANIES: Equistar Chemicals LP
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Equistar Chemicals, LP, as of Sept. 30, 2008, had an accrued liability of US$3 million for future environmental remediation costs, compared with US$4 million as of Dec. 31, 2007.

In the opinion of the Company’s management, there is no material estimable…

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LOCATIONS: Texas | United States