Posted on 10.17.19

In Largest Settlement of Its Kind, Formosa Plastics Agrees to Pay $50 Million

Source: https://www.environmentalleader.com, October 16, 2019
By: Jennifer Nastu

In the largest ever settlement of a Clean Water Act suit brought by private individuals, petrochemical giant Formosa Plastics Corp. has agreed to pay $50 million to fund environmental mitigation in the region around its Point Comfort facility in Calhoun County, Texas.

The company – whose Point Comfort, Texas, plant is said to have discharged billions of plastic pellets into Lavaca Bay and Cox Creek – has also agreed to comply with future “zero discharge” of all plastics and to clean up existing pollution. Read more.

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