September 4, 2020
Source: Andy Balaskovitz
Department: MiBiz - Economic Development
LANSING -- State officials have reached a $35.2 million settlement with a company that will fund the cleanup of underground petroleum pollution at 79 sites statewide, including more than a dozen in Southwest and West Michigan.
Premcor Refining Group Inc., a subsidiary of petrochemical giant Valero Energy, resolved the dispute involving underground storage tanks that were identified as releasing or may release petroleum products into the ground. Premcor previously owned the properties before selling them to a company that went insolvent, state officials said.
The settlement, which will complete the cleanup work at the 79 sites, was reached with Attorney General Dana Nessel and the Department of Environment, Great Lakes and Energy (EGLE).
"This significant influx of funding from Premcor will be used to protect the public health, safety and the environment at former Premcor sites and other sites throughout the State of Michigan," EGLE Director Liesl Clark said in a statement. "The settlement will provide important funding at a time when resources for State programs are scarce."
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