SONOCO PRODUCTS: Sees $29.9M-$39.1M PCB Cleanup Costs at Oct. 29

Sonoco Products Company, as of Oct. 29, 2008, estimated between US$29.9 million and US$39.1 million for the cost of remediation of polychlorinated biphenyl-contaminated sediments at a site on the lower Fox River in Wisconsin.

During the fourth quarter of 2005, the…

SONOCO PRODUCTS: Accrues $71.46M for Environmental Contingencies

Sonoco Products Company, as of Sept. 28, 2008, had accrued US$71.469 million for environmental contingencies compared with US$31.058 million as of Dec. 31, 2007.

The accruals include US$68.561 million at Sept. 28, 2008 and US$28.996 million at Dec. 31, 2007, for…

SONOCO PRODUCTS: PRP Talks on Lower Fox River Cleanup Ongoing

Sonoco Products Company’s subsidiary, U.S. Paper Mills Corp (U.S. Mills), is still in discussions with other potentially responsible parties over possible remediation and allocation of responsibility regarding a stretch of lower Fox River, including the bay at Green Bay, (Operating…