Chemical Cos. Settle Suit Over Pollution At Texas Site

Law360, Houston (January 23, 2013, 3:43 PM EST) -- A group of chemical companies, including an Occidental Petroleum Corp. subsidiary, reached a settlement Tuesday in Texas federal court with environmental regulators over claims the companies polluted 217 acres of land in Harris County with toxic waste.

The consent decree filed by the U.S. Department of the Interior and the Texas Commission on Environmental Quality requires Occidental, GB Biosciences Corp. and ISK Magnetics Inc. to complete a pair of conservation projects meant to compensate the state for losses to natural resources at the east Houston site...
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