Duke Energy Corporation reports in its latest Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission that the remedy phase for three generating units in the Company’s Wabash River is expected to commence in December 2008.
The lawsuit,…
Duke Energy Ohio, Inc., as of both June 30, 2008 and Dec. 31, 2007, had accrued about US$8 million related to extended environmental-related activities.
These accruals represent the Company’s provisions for costs associated with remediation activities at some of its current…
Duke Energy Ohio, Inc. is engaged in disputes with the U.S. Environmental Protection Agency regarding a Clean Air Act notice of violation for the Company’s Zimmer Generating Station in Ohio.
On March 10, 2008, the EPA issued the Notice of Violation/Finding…
Ashland Inc. is awaiting court approval of a tentative settlement agreement between the plaintiffs and certain defendants of 21 cases alleging methyl tertiary-butyl ether (MTBE) contamination in groundwater.
The Company is a defendant along with many other companies in about…
Ashland Inc., at June 30, 2008, has reserves of US$160 million for environmental remediation at multiple locations, of which US$127 million were classified in other noncurrent liabilities on the Company’s Condensed Consolidated Balance Sheets.
The multiple locations, as of June 30,…