Dow Chemical Co. Faces Fines for Clean Air Violations in Connecticut

Mon. October 06, 2008; Posted: 06:46 AM

Oct 06, 2008 (Environmental Protection Agency Documents and Publications/ContentWorks via COMTEX) -- DOW | Quote | Chart | News | PowerRating -- (Boston, Mass. - Oct. 2, 2008) - The Dow Chemical Company, which operates a chemical manufacturing facility in Gales Ferry, Conn., faces an EPA penalty for violations of the federal Clean Air Act.

A recent complaint filed by EPA alleges violations of numerous provisions of Dow's clean air operating permit (Title V permit), the National Emissions Standards for Hazardous Air Pollutants, as well as the Stratospheric Ozone Protection Regulations. Dow may be subject to fines of up to $330,112 for the violations.

Specifically, Dow failed to keep records of required equipment inspections and monitoring results including records of thermal oxidizer temperatures. Dow also failed to repair leaking valves. These violations may have resulted in excess emissions of volatile organic compounds and hazardous air pollutants. Finally, Dow failed to conduct and document leak repair verification tests on its refrigeration equipment. Dow has since corrected the violations.

Exposure to hazardous air pollutants and volatile organic compounds can cause a variety of health problems. Volatile organic compounds also contribute to the formation of ozone (smog). Ozone can damage lung tissue and reduce lung function. Children, the elderly, people with lung disease, and people with asthma are most susceptible.

Certain types of refrigerants, such as chlorofluorocarbons (CFCs), contain substances that destroy the thin layer of ozone in the upper part of the atmosphere that protects us from the sun's harmful rays. CFCs are also potent greenhouses gases.

More Information:

EPA Clean Air enforcement in New England

(epa.gov/region1/enforcement/air/index.html)

# # #

Contact Information: Paula Ballentine, (617) 918-1027

For full details on Dow Chemical Co (DOW) click here. Dow Chemical Co (DOW) has Short Term PowerRatings of 5. Details on Dow Chemical Co (DOW) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

Tax Relief Bank Levy Wage Garnishment

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.