Date: June 5, 2003
Source: News Room
Solutia Inc. (NYSE: SOI) has initiated a lawsuit on its behalf and on behalf of Pharmacia, a wholly owned subsidiary of Pfizer (NYSE: PFE), in U.S. District Court for the Northern District of Alabama seeking a fair and equitable sharing of past and future cleanup costs with 19 other companies that contributed to environmental contamination, including PCBs and hazardous metals, in and around Anniston, Alabama. Solutia estimates that nearly a third of the $54 million it has spent to date on environmental investigations and remediation has addressed materials and contamination not generated by the former PCB operations in Anniston.
More information: www.solutia.com/anniston.
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