ASBESTOS LITIGATION: Union Carbide Records $60M in Defense Costs
February 27, 2009
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.…