Shell, BASF ordered to pay $500 mln in Brazil pollution case

A Brazilian judge has ordered oil giant Shell and chemical behemoth BASF to pay $500 million in compensation for hundreds of ex-workers suing for damages in a suspected plant contamination case, a judicial source said Monday. More on France 24. Read older post. Royal Dutch Shell plc is a founding fathers of the U.N. Global Compact since 2000/07/26. Shell (RDSA:LSE) was a 'Platinum Contributor' of the Foundation for the Global Compact in 2010. BASF -BASF AG (ADR)-, BAS:Xetra is also a Founding Father of the Global Compact since 2000.

Brazil prosecutors seek payment from Shell, BASF

On May 30th 2012, Brazilian prosecutors said that they asked a court to force oil company Shell and the world's largest chemical company, BASF, to immediately pay $500 million into a compensation fund for hundreds of workers who may have been contaminated at an agricultural chemicals plant. More on Bloomberg. Royal Dutch Shell plc is a founding fathers of the U.N. Global Compact since 2000/07/26. Shell (RDSA:LSE) was a 'Platinum Contributor' of the Foundation for the Global Compact in 2010. BASF -BASF AG (ADR)-, BAS:Xetra is also a Founding Father of the Global Compact since 2000.