GREIF INC: Reserves $37.2M for Remediation Action, Legal Claims

Greif, Inc., at Oct. 31, 2008, had environmental reserves amounting to US$37.2 million.

The reserves include:

* US$21.5 million for its blending facility in Chicago, Ill.;

* US$9.3 million for various Blagden facilities acquired in November 2006; and

* US$3.3 million related to the…