Hovensa To Spend $700M On New Pollution Controls

Law360, New York (January 26, 2011, 3:41 PM EST) -- Petroleum refinery owner Hovensa LLC will pay a $5.375 million civil penalty and spend more than $700 million on new pollution controls to settle claims that it violated the Clean Air Act at its refinery in the U.S. Virgin Islands.

Federal prosecutors and environmental regulators announced the filing of the consent decree in the U.S. District Court for the District of the Virgin Islands on Wednesday, saying that the agreement requires the company to upgrade pollution controls and implement tougher emissions limits.

The company will also...
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