PotashCorp. to invest $50m in US sulphuric acid plants following settlement
Published: Friday, 07 November 2014
The civil penalties and plant spending that will be incurred by PotashCorp. are small in comparison to its 2014 capex, and investment in scrubbing and monitoring infrastructure will be welcomed by communities close to the plants. The EPA plans to continue enforcement of the US Clean Air Act, suggesting that fellow producers should be correcting any potentially offending facilities to avoid unwelcome civil court costs.
Three subsidiaries of
Potash Corp. of Saskatchewan (PotashCorp.) are to invest
around $50m at eight US-based sulphuric acid production plants
to reduce "harmful air emissions", in a settlement with the US
Environmental Protection Agency (EPA) and Department of Justice
(DJ) announced Thursday.
PotashCorp.’s subsidiaries, PCS Nitrogen
Fertilizer, AA Sulfuric Inc. and...