Ashland Inc. and its subsidiary, Hercules Incorporated, as of June 30, 2009, were identified as potentially responsible parties (PRPs) by U.S. federal and state authorities, or by private parties seeking contribution, for the cost of environmental investigation and cleanup at…
Hercules Incorporated, as of Sept. 30, 2008, had adjusted its accrual to US$14.5 million for its share of the amount specified by the United States in its claim for reimbursement related to a site in Arkansas.
The Company has previously accrued…
Hercules Incorporated estimates for its share of costs for environmental matters involving current and former operating sites is about US$94.1 million as of Sept. 30, 2008.
The Company previously estimated for its share of costs at about US$101.6 million as of…
Hercules Incorporated is still evaluating the results of investigations of potential environmental noncompliance at its manufacturing facilities in Franklin and in Hopewell, Va.
In April 2005, the Company’s Franklin, Va. manufacturing facilities were subject to a multi-media environmental compliance investigation by…
The U.S. Department of Justice’s Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) claim against Hercules Incorporated and other parties regarding the Naval Weapons Industrial Reserve Plant in McGregor, Tex., persists.
The McGregor, Tex. Site is a government-owned facility, which was…