29 September 2010 21:45 [Source: ICIS news]
HOUSTON (ICIS)--US energy major ExxonMobil will spend more than $150m (€111m) to dispose of hazardous waste at its former site in Pasadena, Texas, as part of a settlement with the US Environmental Protection Agency (EPA), the regulator said on Wednesday.
ExxonMobil sold the site to Agrifos Fertilizer in 1998, but it remained responsibility for the site’s waste storage, according to the EPA. The case involved more than 1bn gal (4.5bn litres) of illegally-stored hazardous waste, the EPA said.
In the settlement, ExxonMobil agreed to spend more than $150m to close the reservoir and dispose of the hazardous waste, while also taking responsibility for post-closure care, including groundwater monitoring, for the next 50 years.
Now owned by Agrifos, the site includes a mineral processing facility that extracts phosphorus from mineral ores to produce phosphoric acid, the EPA said. ExxonMobil is to conduct the majority of site clean-up work, with Agrifos responsible for any remaining activities, the EPA said.
($1 = €0.74)
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