February 27, 2009

ASBESTOS LITIGATION: Union Carbide Records $60M in Defense Costs

COMPANIES: Amchem Ltd | Union Carbide Corp
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Union Carbide Corporation and Amchem Products, Inc.’s asbestos- related defense costs were US$60 million at Dec. 31, 2008, compared with US$84 million at Dec. 31, 2007.

Amchem is a former Company subsidiary.

The Company’s asbestos-related resolution costs were US$116 million at Dec.…

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TOPICS: Asbestos | Chemicals/Petrochemicals/Plastics | General News | Legal Issues, Litigation
LOCATIONS: Texas | United States