CONAGRA FOODS: Reserves $68.5MM at May 29 for Beatrice Matters

ConAgra Foods, Inc.’s reserves for Beatrice Company-related environmental matters totaled US$68.5 million as of May 29, 2011, a majority of which relates to Superfund and state-equivalent sites.

In fiscal 1991, the Company acquired Beatrice Company. As a result of the acquisition…

CONAGRA FOODS: Reserves $70.2MM at May 29 for Envt’l. Liability

ConAgra Foods, Inc.’s non-current environmental liabilities amounted to US$70.2 million as of May 29, 2011, compared with US$70.6 million as of May 30, 2010.

In fiscal 2010, based on changes in the regulatory environment applicable to a particular site, the Company…

UNION PACIFIC: Railroad Case on Omaha Lead Site Filed on June 23

Union Pacific Corporation’s subsidiary, Union Pacific Railroad Company, on June 23, 2010, filed a lawsuit against the U.S. Environmental Protection Agency on matters regarding the Omaha Lead Site.

The EPA considers the Railroad a potentially responsible party for the Omaha Lead…

UNION PACIFIC: Environmental Liability Totals $219Mil at June 30

Union Pacific Corporation’s total environmental liability was US$219 million for the six months ended June 30, 2010, compared with US$199 million for the six months ended June 30, 2009.

Of those amounts, the current portion was US$82 million as of June…

UNION PACIFIC: Oregon DEQ Seeking $40,000 Penalty on Derailment

The Oregon Department of Environmental Quality, on June 9, 2009, notified Union Pacific Corporation’s subsidiary, Union Pacific Railroad Company, that the DEQ would seek US$40,000 in civil penalties over a derailment incident near Kamela, Ore.

The Railroad received notice from the…

UNION PACIFIC: Records $199M Environmental Liability at June 30

Union Pacific Corporation’s environmental liability was US$199 million during the six months ended June 30, 2009, compared with US$206 million during the six months ended June 30, 2008.

Of the environmental liability, US$59 million was current as of both June 30,…

CONAGRA FOODS: Reserves $88.8Mil for Beatrice Matters at May 31

ConAgra Foods, Inc. says that the reserves for its Beatrice Company subsidiary’s environmental matters totaled US$88.8 million as of May 31, 2009.

Expenditures for Beatrice environmental matters are expected to continue for a period of up to 20 years.

In fiscal 1991,…

SMITHFIELD FOODS: Talks with EPA on Air Permit at Farmland Site

Settlement discussions are ongoing between Smithfield Foods, Inc. and the U.S. Environmental Protection Agency related to air permit violations at Farmland Foods, Inc. facility in Crete, Nebr.

On December 5, 2008, EPA Region 7 issued a Notice of Violation (the NOV)…

UNION PACIFIC: Alton & Southern Railway Settlement Still Pending

Union Pacific Corporation is awaiting the Circuit Court for the Twentieth Judicial Circuit’s approval of a settlement agreement, which involves Company subsidiary, The Alton & Southern Railway Company.

As it reported in its Quarterly Report on Form 10-Q for the quarter…

UNION PACIFIC: Colorado to Pursue Penalties on Permit Violations

Union Pacific Corporation says that the State of Colorado, in October 2008, indicated that it would pursue a civil penalty over alleged permit violations noted in an Order.

The amount of any such penalty is uncertain but could exceed US$100,000.

On April…

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