CORRECTED: Alcoa, Chevron, Exxon Settle $56M Texas Superfund Suit

Law360, New York (July 13, 2012, 8:08 PM ET) -- More than three dozen companies, including Alcoa Inc., Chevron USA Inc. and Exxon Mobil Corp., agreed Friday to conduct a $56.4 million cleanup of a Superfund site in Texas as part of a settlement with the federal government over the contamination caused by the disposal of hazardous materials by the site operator.

The companies, which disposed of about 481 million gallons of waste at the Malone Service Co. Inc. site in Texas City, Texas, between 1964 and 1996, will clean up the site, pay $900,000 in...
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