UNION CARBIDE: Accrues $71M for Remediation, Restoration Costs

Union Carbide Corporation, at Sept. 30, 2008, had accrued obligations of US$71 million for environmental remediation and restoration costs, including US$18 million for the remediation of Superfund sites.

At Dec. 31, 2007, the Company had accrued obligations of US$75 million for…