EASTMAN KODAK: Still Facing Occidental Chem. Third-Party Lawsuit

Eastman Kodak Company has been named as third-party defendant (along with about 200 other entities) in an action initially brought by the New Jersey Department of Environmental Protection (NJDEP) in the Supreme Court of New Jersey, Essex County against Occidental…

EASTMAN KODAK: Estimates $53MM at Dec. 31 for Kodak Park Cleanup

Eastman Kodak Company says, at Dec. 31, 2010, estimated future investigation and remediation costs of US$53 million were accrued for the Eastman Business Park (Kodak Park) in Rochester, N.Y.

Majority of the US$53 million relates to long-term operation, maintenance of remediation…

EASTMAN KODAK: Records $103MM for Dec. 31 Envt’l. Cleanup Costs

Eastman Kodak Company’s undiscounted accrued liabilities for environmental remediation costs were US$103 million at Dec. 31, 2010, compared with US$102 million at Dec. 31, 2009.

Total cash expenditures for pollution prevention and waste treatment for the Company’s current facilities was US$37…

VISTEON CORP: Reserves $1M at Dec. 31 for Investigation, Cleanup

Visteon Corporation, at Dec. 31, 2010, had recorded a reserve of about US$1 million for environmental investigation and cleanup.

Visteon Corporation supplies climate, interiors and electronics systems, modules and components to global automotive original equipment manufacturers. The Company has a workforce…

FLOWSERVE CORP: Has $8.92M for Legal, Envt’l. Matters at Dec. 31

Flowserve Corporation recorded US$8,920,000 for legal and environmental matters during the year ended Dec. 31, 2010, compared with US$60,244,000 during the year ended Dec. 31, 2009.

Over the years, the Company has been involved as one of many potentially responsible parties…

JOHNSON CONTROLS: Responds to Allegations on Cleanup at 43 Sites

Johnson Controls, Inc. is currently responding to allegations that it is responsible for performing environmental remediation, or for the repayment of costs spent by governmental entities or others performing remediation, at about 43 sites in the United States.

Many of these…

JOHNSON CONTROLS: Has $47M Reserves for Envt’l. Costs at Dec. 31

Johnson Controls, Inc.’s reserves for environmental costs totaled US$47 million at Dec. 31, 2010 and Sept. 30, 2010, compared with US$31 million at Dec. 31, 2009.

The Company reviews the status of its environmental sites on a quarterly basis and adjusts…

TYCO INTERNATIONAL: Estimates $30M Remediation Costs at Dec. 24

Tyco International Ltd., as of Dec. 24, 2010, concluded that the best estimate for environmental remediation matters is about US$30 million, of which US$8 million is included in accrued and other current liabilities and US$22 million is included in other…

JOHNSON CONTROLS: Has $47M Reserve for Envt’l. Costs at Sept. 30

Johnson Controls, Inc.’s reserves for environmental costs totaled US$47 million at Sept. 30, 2010 and US$32 million at Sept. 30, 2009.

Headquartered in Milwaukee, Johnson Controls, Inc. makes car batteries and interior parts for combustion engine and hybrid electric vehicles, as…

WEYERHAEUSER CO: Reserves $28Mil for Envt’l. Cleanup at Sept. 30

Weyerhaeuser Company recorded US$28 million environmental remediation reserves as of Sept. 30, 2010 for 58 active sites.

The Company has established reserves for estimated remediation costs on the active Superfund sites and other sites for which it is responsible

Headquartered in Federal…

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