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W.R. Grace to Pay for Cleanup of Asbestos Contamination in Libby, Montana

U.S. Newswire, March, 2008

Content provided in partnership with HighBeam Research

To: NATIONAL EDITORS

Contact: U.S. Department of Justice Office of Public Affairs, +1- 202-514-2007

WASHINGTON, March 11 /PRNewswire-USNewswire/ -- W.R. Grace, a global supplier of specialty chemicals, has agreed to pay $250 million, the highest sum in the history of the Superfund program, to reimburse the federal government for the costs of the investigation and cleanup of asbestos contamination in Libby, Mont., the Justice Department and Environmental Protection Agency (EPA) announced today.

The action settles a bankruptcy claim brought by the federal government to recover money for past and future costs of cleanup of contaminated schools, homes and businesses in Libby.

The EPA has been removing asbestos-contaminated soils and other materials in and...

 

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