ASHLAND INC: Still Awaits Approval to Settlement of MTBE Claims

Ashland Inc. is awaiting court approval of a tentative settlement agreement between the plaintiffs and certain defendants of 21 cases alleging methyl tertiary-butyl ether (MTBE) contamination in groundwater.

The Company is a defendant along with many other companies in about…

ASHTABULA RIVER: Partnership Lauds Sediment-Removal Completion

CHICAGO, Illinois — August 28, 2008 — The U.S. Environmental Protection Agency Region 5 Regional Administrator Lynn Buhl joined Ohio’s Sen. George Voinovich and Rep. Steve LaTourette, the U.S. Army Corps of Engineers, the Ashtabula River Partnership and state and…

FOSTER WHEELER: Still Potentially Liable for 3 Off-site Units

Foster Wheeler Ltd. remains a potentially responsible party under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) or similar state laws at three off- site facilities.

The Company said in its latest Quarterly Report filed with the…

MOLSON COORS: Still Obliged to Pay Future Costs at Lowry Site

Molson Coors Brewing Company continues to have an obligation to pay a portion of future costs, if any, in connection with the environmental liability at the Lowry Superfund site in Denver.

The Company, at June 29, 2008, estimated about US$3.8…

MOLSON COORS: Still Has Potential Liability at Cooper Drum Site

Molson Coors Brewing Company remains a potentially responsible party at a Superfund site in southern California.

In October 2006, the Company was notified by the Environmental Protection Agency that it is a potentially responsible party, along with about 60 other parties,…

ONEOK INC: Still Liable for Conditions at 12 Kansas Gas Sites

ONEOK, Inc. continues to have legal responsibility for the environmental conditions at 12 former manufactured gas sites in Kansas, the Company reported in its latest Quarterly Report for the period ended June 30, 2008.

These sites contain potentially harmful materials…

ASHLAND INC: Accrues $160M Reserve for Cleanup at Various Sites

Ashland Inc., at June 30, 2008, has reserves of US$160 million for environmental remediation at multiple locations, of which US$127 million were classified in other noncurrent liabilities on the Company’s Condensed Consolidated Balance Sheets.

The multiple locations, as of June 30,…

FOSTER WHEELER: FWEC Maintains System to Remove TCE in Pa. Site

Foster Wheeler Ltd.’s subsidiary, Foster Wheeler Energy Corporation (FWEC), continues to operate and maintain a “pump and treat” system to remove trichloroethylene (TCE) from the groundwater in its former manufacturing facility in Mountain Top, Pa.

In February 1988, FWEC entered into…

AVNET INC: Reports $2.9M Additional Environmental Costs for FY08

Avnet, Inc., for the fiscal year ended June 28, 2008, recorded additional environmental costs associated with the reassessment of existing environmental matters which amounted to US$2,967,000 pre- tax, US$1,813,000 after tax and US$0.01 per share on a diluted basis.

The…

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