NEWMONT MINING: Finalizing Settlement on Calif. Mine Cleanup

Newmont Mining Corporation’s subsidiary, Newmont Capital Limited, and the Environmental Protection Agency are finalizing a settlement agreement regarding cleanup costs at the Lava Cap mine site in Nevada County, Calif.

In February 1999, the Environmental Protection Agency placed the Lava Cap…

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…

OLIN CORP: Reserves $161.1M at Sept. 30 for Probe/Cleanup Costs

Olin Corporation, at Sept. 30, 2008, recorded US$161.1 million in reserves for future environmental expenditures to investigate and remediate known sites, of which US$126.1 million were classified as other noncurrent liabilities.

The Company is a party to various government and private…

ALCOA INC: Toxic Air Emissions in Texas Dismissed on May 20

The U.S. District Court for the Southern District of Texas, Victoria Division, on May 20, 2008, entered an agreed order of dismissal regarding alleged personal injury and property damage due to air emissions at a Texas facility of Alcoa Inc.’s…

TRAVELERS COS: Has $485M Net Environmental Reserves at Sept. 30

The Travelers Companies, Inc., at Sept. 30, 2008, had net reserves of US$485 million for environmental matters, compared with US$512 million at Sept. 30, 2007.

Net paid losses in the first nine months of 2008 and 2007 were US$90 million…

U.S. ARMY: N.H. Research Facility Faces Hazardous Waste Breaches

BOSTON, Massachusetts — October 28, 2008 — An Environmental Protection Agency Administrative Complaint alleges multiple violations of federal hazardous waste laws by the U.S. Army Cold Regions Research and Engineering Laboratory, based in Hanover, N.H. The facility may be subject…

EPA: Orders CA Water Systems To Reduce Arsenic In Drinking Water

SAN FRANCISCO, California — October 28, 2008 — The U.S. Environmental Protection Agency has ordered 11 public drinking water systems throughout the state of California to reduce the level of arsenic in their respective drinking water systems or face penalties…

CELANESE CORP: Has $104M Reserves at 3Q for Remediation Matters

Celanese Corporation’s environmental reserves for remediation matters were US$104 million as of Sept. 30, 2008, compared with US$115 million as of Dec. 31, 2007.

Due to its industrial history and through retained contractual and legal obligations, the Company has the obligation…

NORTHROP GRUMMAN: Sees At Least $189M for Remediation Costs

Northrop Grumman Corporation, as of Sept. 30, 2008, estimated about US$189 million to US$280 million for future costs for environmental remediation sites.

Of the estimated costs, the Company accrued US$230 million in “other current liabilities” as of Sept. 30, 2008.

According to…

BOEING CO: Records $731M Liabilities for Environmental Matters

The Boeing Company, at Sept. 30, 2008, recorded US$731 million liabilities, in aggregate, for environmental contingencies, compared with US$579 million at Sept. 30, 2007.

The Company said in its latest Quarterly Report on Form 10-Q for the period ended Sept.…

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