12 August 2010 20:20 [Source: ICIS news]
In addition to the $50.6m payment, BP would fund a $500m programme from 2010-2016 to improve safety at the refinery, the company said.
This comes on top of the $1bn that BP spent in 2005-2009 to make the refinery safer, the company said.
BP had contested the citations, saying that much work had been done to improve safety at the refinery.The US Occupational Safety and Health Administration (OSHA) had issued a total of 709 citations in October 2009, alleging that BP failed to satisfy the terms of an agreement made in 2005, BP said.
The explosion at the Texas City refinery killed 15 workers and injured 170.
With the 270 citations resolved, BP said it hoped to resolve the remaining ones.
($1 = €0.78)
For more on BP visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections