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US, Texas reach settlement with DuPont, PMNA over alleged environmental violations By Reuters

© Reuters. FILE PHOTO : This sign can be seen at Washington, D.C., U.S.A, headquarters of United States Environmental Protection Agency, (EPA), May 10, 2021. REUTERS/Andrew Kelly/File Photograph

(Reuters) – The U.S. Justice Department, the Environmental Protection Agency and the Texas Commission on Environmental Quality announced a settlement with industrial materials maker DuPont (NYSE:) and Performance Materials NA to resolve alleged violations of environmental laws at a Texas facility.

DuPont, PMNA and PMNA agreed to conduct compliance audits, reduce benzene emissions, and provide other injunctive relief as part of the settlement.

“Defendants will also pay a $3.1 million civil penalty and attorney’s fees to the State of Texas”, the Justice Department said in a statement.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.