Occidental, Bridgestone Settle For $2M Over Polluted Pa. Site

Law360, New York (January 25, 2012, 8:28 PM EST) -- Occidental Chemical Corp. and Bridgestone Americas Tire Operations have agreed to pay $2.1 million under a settlement reached with the U.S. Environmental Protection Agency over cleanup costs for a polluted Pennsylvania industrial site, the agency announced Wednesday.

The companies also accepted responsibility for all future cleanup costs under a consent decree filed in federal court, according to the agency.

The site, which is located in Lower Pottsgrove Township, Pa., currently owned by Occidental and operated by Occidental subsidiary Glenn Springs Holdings Inc., was placed on the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.