BASF, Shell in Talks to Settle $653 Million Contamination Fine
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BASF SE, the world’s biggest chemical maker, is in talks with Royal Dutch Shell Plc to determine who should pay a 490 million-euro ($653 million) fine for contamination in Brazil.
The site in Paulinia was “significantly” contaminated by the production of crop protection products, and BASF and Shell were jointly ordered in August 2010 to pay damages to former employees for medical treatment and personal suffering, BASF said in its 2011 annual report.