SCHNITZER STEEL: Reserves $22Mil for Cleanup at Other MRB Sites

Schnitzer Steel, Inc.’s environmental reserves, as of Nov. 30, 2008, include about US$22 million for potential future clean-up of other Metals Recycling Business (MRB) locations at which the Company or its subsidiaries have conducted business or allegedly disposed of other…

SCHNITZER STEEL: Appeal Granted in Hylebos Case During 1Q-2009

Schnitzer Steel, Inc. says that, in the first quarter of 2009, a judgment in a case over the cleanup of contaminated sediment along the Hylebos Waterway was affirmed on appeal.

In fiscal 1982, the Company was notified by the U.S. Environmental…

SCHNITZER STEEL: Still Faces Potential Liability at Oregon Site

Schnitzer Steel, Inc. could still face environmental liabilities over the Portland Harbor Superfund Site.

In fiscal 2006, the Company was notified by the U.S. Environmental Protection Agency under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) that it was one…

SCHNITZER STEEL: Metals Recycling Cites $24M Reserves at Nov. 30

Schnitzer Steel Industries, Inc.’s Metals Recycling Business, at Nov. 30, 2008, had US$24 million in reserves for environmental matters.

These reserves consisted primarily of the reserves established in connection with potential future clean-up of MRB locations at which the Company or…

SCHNITZER STEEL: Records $3.181M Current Liabilities at Nov. 30

Schnitzer Steel Industries, Inc.’s current environmental liabilities were US$3,181,000 as of Nov. 30, 2008, compared with US$3,652,000 as of Aug. 31, 2008.

Environmental liabilities, net of current portion, were US$37,676,000 as of Nov. 30, 2008, compared with US$40,052,000 as of Aug.…

GREENBRIER COS: Remedial Study of Portland Harbor Site Ongoing

Greenbrier Companies Inc. reports that as of Jan. 9, 2009, a total of 10 private and public entities, including the Company, have signed an Administrative Order of Consent to perform a remedial investigation/feasibility study (RI/FS) of the Portland Harbor Site.

Several…

TRIANGLE PARK: To Fund Redevelopment of Former Industrial Site

PORTLAND, Oregon — December 17, 2008 — A former industrial site on the banks of the Willamette River will soon be transformed into athletic fields for the University of Portland (UP) and a public trail, thanks to a cost recovery…

TRUAX OIL: To Pay $137T EPA Penalty for 2006 Oil Spill in Oregon

SEATTLE, Washington — September 17, 2008 — On Sept. 12, 2008, the U.S. Department of Justice (DOJ) lodged a Consent Decree in federal court to settle alleged violations of the federal Clean Water Act by Truax Oil, Inc.

Truax is a…

PORTLAND GENERAL: Remains Potentially Liable for Portland Harbor

Portland General Electric Company is still named a potentially responsible party regarding the contamination at a 5.5 mile segment of the Willamette River, known as the Portland Harbor.

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

PORTLAND GENERAL: Harbor Oil On-site Sampling Completed in 2Q08

On-site sampling related to major oil spills that occurred at the Harbor Oil Superfund site in Portland was completed during the second quarter of 2008, Portland General Electric Company disclosed in its latest Quarterly Report on Form 10-Q filed with…

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