CENTERPOINT ENERGY: Probe on Possible Maine MGP Cleanup Ongoing

CenterPoint Energy, Inc. continues to investigate details on potential remediation of former manufactured gas plant sites in Maine.

Subsidiary CenterPoint Energy Resources Corp. (CERC) has been named as a defendant in a lawsuit filed in the U.S. District Court, District…

SOUTHERN CO: Still Faces Complaints on Carbon Dioxide Emissions

The Southern Company continues to face complaints alleging that the Company’s carbon dioxide emissions contribute to global warming.

In July 2004, attorneys general from eight states, each outside of Southern Company’s service territory, and the corporation counsel for New York City…

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…

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…

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