TRAVELERS COS: Records $367MM Net Envt’l. Reserves at Sept. 30

The Travelers Companies, Inc.’s net environmental reserves amounted to US$367 million at and for the nine months ended Sept. 30, 2011, compared with US$377 million at and for the nine months ended Sept. 30, 2010.

Net environmental paid losses in the…

E.I. DU PONT: In Talks w/ DOJ, EPA to Resolve Yerkes Site Breach

E. I. du Pont de Nemours and Company is in settlement negotiations with the U.S. Environmental Protection Agency and the U.S. Department of Justice on alleged breaches at the Yerkes Plant in Buffalo, N.Y.

The government alleges that the facility violated…

METLIFE INC: Still Subject to Chemform Site Environmental Issues

MetLife, Inc. is subject to environmental matters regarding the Chemform, Inc. site in Pompano Beach, Broward County, Fla.

In July 2010, the U.S. Environmental Protection Agency advised Company unit Metropolitan Life Insurance Company (MLIC) that it believed payments were due under…

UGI CORP: Still Investigating Envt’l. Claims on Sag Harbor Site

UGI Corporation’s UGI Utilities, Inc. subsidiary is in the process of reviewing information provided by KeySpan Energy and is investigating an environmental claim regarding the Sag Harbor, N.Y., manufactured gas plant site.

By letter dated June 24, 2004, KeySpan informed UGI…

CONSOLIDATED EDISON: Posts $502MM Superfund, Other Envt’l. Costs

Consolidated Edison, Inc.’s non-current Superfund and other environmental costs amounted to US$502 million as of June 30, 2011, compared with US$512 million as of Dec. 31, 2010.

Consolidated Edison of New York, Inc.’s (CECONY) non-current Superfund and other environmental costs amounted…

HUNTSMAN CORP: Continues to be Involved in MTBE-Related Lawsuits

Huntsman Corporation continues to be involved in litigation concerning MTBE, an oxygenate that is blended with gasoline to reduce vehicle air emissions and to enhance the octane rating of gasoline.

Numerous companies, including refiners, manufacturers and sellers of gasoline, as well…

ALCOA INC: Conducting Investigations at Massena Plant Location

Alcoa Inc. has been conducting investigations and studies of the Grasse River, adjacent to its Massena plant site, under a 1989 order from the U.S. Environmental Protection Agency issued under CERCLA.

Sediments and fish in the river contain varying levels of…

ALCOA INC: Posts $332MM for Environmental Remediation at June 30

Alcoa Inc.’s remediation reserve balance was US$332 million at June 30, 2011 and US$333 million at Dec. 31, 2010 (of which US$26 million at June 30, 2011 and US$31 million at Dec. 31, 2010 was classified as a current liability).

In…

TRAVELERS COS: Posts $388M at June 30 for Environmental Matters

The Travelers Companies, Inc.’s net environmental losses and loss expenses and reserves amounted to US$388 million at and for the six months ended June 30, 2011, compared with US$393 million at and for the six months ended June 30, 2010.

In…

HONEYWELL INT’L: Subject to Onondaga Lake Environmental Matters

Honeywell International Inc. continues to be involved in environmental matters regarding Onondaga Lake in Syracuse, N.Y.

The Company is implementing a combined dredging/capping remedy of Onondaga Lake under a consent decree approved by the U.S. District Court for the Northern District…

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