SCANA CORP: Accrues $4.5M for 5 N.C. Gas Plant Sites at Sept. 30

SCANA Corporation’s subsidiary, Public Service Company of North Carolina, Inc. (PSNC Energy), at Sept. 30, 2008, recorded a liability and associated regulatory asset of US$4.5 million for the remediation of five sites in North Carolina.

PSNC Energy is responsible for environmental…

SONOCO PRODUCTS: Sees $29.9M-$39.1M PCB Cleanup Costs at Oct. 29

Sonoco Products Company, as of Oct. 29, 2008, estimated between US$29.9 million and US$39.1 million for the cost of remediation of polychlorinated biphenyl-contaminated sediments at a site on the lower Fox River in Wisconsin.

During the fourth quarter of 2005, the…

SONOCO PRODUCTS: Accrues $71.46M for Environmental Contingencies

Sonoco Products Company, as of Sept. 28, 2008, had accrued US$71.469 million for environmental contingencies compared with US$31.058 million as of Dec. 31, 2007.

The accruals include US$68.561 million at Sept. 28, 2008 and US$28.996 million at Dec. 31, 2007, for…

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…

DUKE ENERGY CAROLINAS: Records $15M Accrual for Cleanup Matters

Duke Energy Carolinas, LLC, as of June 30, 2008, recorded total accruals of about US$15 million for extended environmental-related activities in the Company’s consolidated balance sheets, compared with US$9 million as of Dec. 31. 2007.

The accruals represent the Company’s provisions…

UGI Corp: S.C. Electric’s Suit on MGP Cleanup Share Continues

UGI Corporation’s subsidiary, UGI Utilities, Inc., remains a defendant in a lawsuit filed by the South Carolina Electric & Gas Co. related to remediation of a former manufactured gas plant in South Carolina.

On Sept. 22, 2006, SCE&G, a subsidiary…

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