Invista To Pay $502M In Landmark EPA Fine

Law360, New York (April 13, 2009, 12:00 AM EDT) -- Polymers and fibers manufacturer Invista S.a.r.l. is set to fork over a $1.7 million civil penalty and spend up to an estimated $500 million to correct self-reported environmental violations discovered at facilities in seven states, marking the largest settlement ever under the U.S. Environmental Protection Agency’s audit policy.

The settlement, announced Monday by the EPA and the U.S. Department of Justice, comes after Invista disclosed more than 680 violations of water, air, hazardous waste, emergency planning and preparedness, and pesticide regulations after auditing 12 facilities it...
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