Foreign firms will pay $130M to resolve N.J. water pollution allegations

06/18/2013 | Star-Ledger (Newark, N.J.), The

Several foreign-based companies have agreed to pay $130 million to settle charges that they polluted a 17-mile portion of the lower Passaic River with toxic chemicals, New Jersey officials said. The cost to the companies could rise by $400 million depending on the scope of the Superfund site cleanup, officials said. Once the court approves the settlement, the state plans to proceed with its long-running civil lawsuit against Occidental Chemical, which inherited responsibility for most of the pollution through a series of business transactions.

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Star-Ledger (Newark, N.J.), The

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