The DOJ and EPA announced a proposed settlement with Pechiney Plastic Packaging Inc. (Pechiney), Albéa Americas Inc., Bristol-Myers Squibb Company, Citigroup Inc., and Rexam Beverage Can Company regarding the cleanup of the Pohatcong Valley Groundwater Contamination Superfund Site in New Jersey. Under the proposed settlement, Pechiney will have primary responsibility for cleaning up contaminated soil and groundwater at the site. In addition, EPA will receive approximately $29.5M for certain past costs. Pechiney will also perform current and future cleanup work estimated to cost $62.5M. DOJ
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