What The Arkema Indictment Means For Chemical Cos.

By Benjamin Patton and Mary Balaster (September 6, 2018, 3:10 PM EDT) -- On Aug. 3, 2018, a Texas grand jury indicted Arkema Inc., its CEO Richard Rowe and plant manager Leslie Comardelle based on allegations that the defendants "recklessly" allowed for a release of air contaminants resulting from a fire at Arkema's Crosby, Texas, facility during Hurricane Harvey. The hurricane, which resulted in historic rainfall and flooding in South Texas between Aug. 25 and Sept. 2, 2017, caused a loss of power at Arkema's Crosby plant that disabled refrigeration units storing organic peroxides....

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