Print
More News

Honeywell, International Paper To Clean Up Contaminated Soil At Riegelwood Plant

By Rachel Lipman, posted Apr 19, 2019

Honeywell International Inc., and International Paper Co. will clean up contaminated soils and sediments at the LCP-Holtrachem plant in Riegelwood, according to a settlement with the U.S. Justice Department and Environmental Protection Agency announced Thursday.

The LCP-Holtrachem site is 24 acres adjacent to the Cape Fear River at 636 John Riegel Road in Columbus County.

From 1963 to 2000, the LCP-Holtrachem plant made chemicals such as sodium hydroxide, liquid chlorine, hydrogen gas, liquid bleach and hydrochloric acid using a mercury cell process.

The two companies are liable for historic industrial discharges of metals, including mercury, and polychlorinated biphenyls (PCBs) at the site, according to the settlement.

“This settlement incisively corrects historic environmental issues impinging on the Cape Fear River,” said Assistant Attorney General Jeffrey Bossert Clark of the Department of Justice’s Environment and Natural Resources Division.

Under the proposed settlement, the companies will address contaminated soils and sediments through a combination of in-situ treatment, on-site storage and off-site treatment and disposal.  The two companies will also reimburse the United States for all past and future costs associated with the cleanup.

In exchange, the two companies will receive a covenant not to sue and protection from suit by third parties.

The two companies previously performed investigations and preliminary cleanup work under prior agreements with the EPA.

“The environmental benefits that will result from today’s settlement are a win for the communities near this Superfund site,” said EPA Acting Regional Administrator Mary S.  Walker.  “This agreement demonstrates EPA’s commitment to hold companies responsible for contamination they caused.”

The consent decree is subject to a 30-day public comment period and final approval by the court.

Honeywell International stock closed at $169.06 Thursday, up 3.8 percent from Wednesday’s close, while International Paper stock closed at $44.43 Thursday, up 1.1 percent from Wednesday’s close.

This story is from the North Carolina Business News Wire, a service of the UNC-Chapel Hill School of Media and Journalism.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Carolinemontgomery4

KPIs: Finding Your True North

Caroline Montgomery - Adam Shay CPA, PLLC
Jasonpathfinder3

What Is A Financial Plan?

Jason Wheeler - Pathfinder Wealth Consulting
Lyleheadshot2017 1251720228

The Key To Fundraising Success

JC Lyle - Wilmington Area Rebuilding Ministry

Trending News

In Downtown Wilmington, Dupont Circle Restaurant To Open 2nd Location

Cece Nunn - Dec 3, 2019

At Mayfaire, Brunch About To Be Served

Jessica Maurer - Dec 4, 2019

Real Estate Firm Opens Office At Mayfaire Town Center

Cece Nunn - Dec 4, 2019

Economist Highlights Regional Growth, Opportunities At Annual Wilmington Scorecard

Christina Haley O'Neal - Dec 3, 2019

At ILM, Airlines Report Big Boost In Holiday Passengers

Cece Nunn and Christina Haley O'Neal - Dec 2, 2019

In The Current Issue

Sport Attracts Players To Leland

When you want to socialize and engage in a multi-generational activity, Leland has a place to go: the House of Pickleball....


Hard Labor: Employers Face Strained Searches For Workers

Some businesses are struggling to find qualified workers in a tight labor market, and the Cape Fear region is feeling the effects....


Digital Human Helps Hearts

Hanna is the work of Marie Johnson, managing director at Centre for Digital Business in Australia, Chris Hillier, New Hanover Regional Medic...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WILMA Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`