PORTLAND GENERAL: Potentially Liable for Cleanup at Willamette

Portland General Electric Company continues to be a potentially responsible party at a segment of the Willamette River known as the Portland Harbor, which revealed significant contamination of river sediments.

A 1997 investigation by the U.S. Environmental Protection Agency of the…

FIRSTENERGY CORP: Estimates $399M Capital Expenses for 2010-2012

FirstEnergy Corp. says that capital expenditures necessary to complete requirements of a consent decree, including repowering Burger Units 4 and 5 for biomass fuel combustion, are currently estimated to be about US$399 million for 2010-2012.

The Sammis, Burger, Eastlake and Mansfield…

FIRSTENERGY CORP: FGCO to Comply w/ Probe on 4 Generating Plants

FirstEnergy Corp. says that FirstEnergy Generation Corp. (FGCO) intends to comply with the Clean Air Act, including the U.S. Environmental Protection Agency’s information requests on the Eastlake, Lakeshore, Bay Shore, and Ashtabula generating plants.

In August 2009, the EPA issued a…

FIRSTENERGY CORP: Envt’l. Liabilities Totaled $105Mil at June 30

FirstEnergy Corp. and its Utilities accrued total environmental liabilities of US$105 million through June 30, 2010.

The Company’s Utilities have been named as potentially responsible parties at waste disposal sites, which may require cleanup under the Comprehensive Environmental Response, Compensation, and…

SHERWIN-WILLIAMS: Cites $64.7MM Envt’l. Cleanup Costs at June 30

The Sherwin-Williams Company’s estimated costs of current investigation and remediation activities of US$64.7 million at June 30, 2010 and US$52.6 million at June 30, 2009 are included in Other accruals.

Included in Other long-term liabilities were accruals for extended environmental-related activities…

SHERWIN-WILLIAMS: Accrues $157.5M for Envt’l. Matters at June 30

The Sherwin-Williams Company had accruals for environmental- related activities of US$157.5 million at June 30, 2010 and US$176.3 million at June 30, 2009.

If the Company’s future loss contingency is ultimately determined to be at the maximum of the range of…

SHERWIN-WILLIAMS: Records $2.78Mil Envt’l. Provisions at June 30

The Sherwin-Williams Company’s net provisions for environmental matters were US$2,785,000 during the three months ended June 30, 2010, compared with US$2,950,000 during the three months ended June 30, 2009.

The Company’s net provisions for environmental matters were US$4,722,000 during the six…

NEWMONT MINING: Accrues $149M at June 30 for Envt’l. Obligations

Newmont Mining Corporation accrued US$149 million at June 30, 2010 and US$161 million at Dec. 31, 2009 as liability for environmental obligations.

These amounts are included in Other current liabilities and Reclamation and remediation liabilities.

The Company is involved in several matters…

AMERICAN ELECTRIC: Records $11M of Cleanup Expense Before Jan. 1

American Electric Power Company, Inc.’s subsidiary, Indiana Michigan Power Company (I&M) recorded about US$11 million of remediation expense prior to Jan. 1, 2010, US$3 million of which I&M recorded in March 2009.

In March 2008, I&M received a letter from the…

DPL INC: Has Reserve $1.2M for Environmental Matters at March 31

DPL Inc., through its wholly owned captive insurance subsidiary Miami Valley Insurance Company (MVIC), as of March 31, 2010, has an actuarially calculated reserve of US$1.2 million for environmental matters.

Based in Dayton, Ohio, DPL Inc. is a public utility that…

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