CEMEX to pay fine, take steps to reduce pollution

A cement manufacturer in Lyons has agreed to pay a $1 million fine and to install new technology to decrease its emissions of the pollutant nitrogen oxide. CEMEX, Inc. had been accused by the U.S. Environmental Protection Agency of illegally modifying its Lyons plant in a way that greatly increased the amount of nitrogen oxide the facility released. More on KOAA.com. More from the EPA website. Cemex has been a Global Compact participant since June 2004. Cemex(CEMEXCPO),CX,(CX:New York) was a Silver Contributor (5000-10000 USD) to the Global Compact Foundation in 2011 and 2010.

BP To Pay Massive Fine, More To Come

Crude oil juggernaut British Petroleum (BP) is still reeling from the 2010 Deepwater Horizon spill that made headlines in early 2010. Last week, the company agreed to accept criminal responsibility for the disaster that took the lives of 11 workers and “to pay $4.5 billion in fines and restitution, the biggest penalty ever levied by the U.S. Justice Department” writes Tom Fowler. More on Seeking Alpha British Petroleum plc (NYSE:BP)(LSE:BP) (BP) is a Global Compact participant and founding father since 2000/07/26.

Hindustan Zinc, Ambuja Ordered to Pay Clean-Energy Fines

Hindustan Zinc Ltd. among 16 other company was ordered to pay a fine for not complying with a government order asking company to purchase renewable energy quotas. More on Bloomberg. Hindustan Zinc Limited (HZ:Natl India) is a Global Compact participant since 2005/11/11.

BP settles with government, will pay $8M fine, spend $400M to cut pollution at Ind. refinery

BP Products North America Inc. has agreed to install $400 million in new air pollution controls at its northwestern Indiana oil refinery and pay an $8 million fine under a deal announced Wednesday with the government and environmental groups. More on Newser. British Petroleum plc (NYSE:BP)(LSE:BP) (BP) is a Global Compact participant and founding father since 2000/07/26.

Groups challenge permit for cement plant in NC

Environmental groups are challenging the state decision to issue an air quality permit for a cement plant in Castle Hayne. They say the state is looking to place the responsibility elsewhere when it comes to pollution associated with the proposed Titan America cement plant. More on wect.com. Titan America is a sister company of Global Compact participant Titan Cement Company TITK:Athens. Titan Cement is a participant since 2002/08/31.

ConocoPhillips, CNOOC to pay $267 million for China spill

U.S. oil firm ConocoPhillips and its partner CNOOC(NYSE:CEO) have agreed to pay 1.683 billion yuan ($266.89 million) in compensation for a series of oil spills off the coast of northern China last year. More on Yahoo/Reuters You can also read our previous post. China National Offshore Oil Corp. is a Global Compact participant since 2008/06/25. It was a Gold Contributor to the Foundation for the Global Compact in 2011.

Hess to Pay USD 850,000 Fine for Violating Air Pollution Standards at N.J. plant

Hess (HES) is to pay an $850,000 civil penalty to resolve federal Clean Air Act violations at the refinery as part of the settlement with the federal Environmental Protection Agency, U.S. Department of Justice, and the DEP. The settlement is the result of a negotiated agreement with Hess. In addition, the Hess Corporation is expected to make about $45 million in pollution control upgrades at its Port Reading oil refinery near Woodbridge. Read the official press release from New Jersey's DEP. Hess is a Global Compact participant since 2002/08/31.

Volvo Fined $72 Million By US Court Over Engine Emissions

Volvo AB (VOLV-B.SK) said Monday its Volvo Powertrain Corporation unit has been fined $72 million by a US court over emissions from Volvo Penta engines built in 2005. Read More on Fox Business Volvo Group is Global Compact participant since 2001/12/24.