Printer Friendly

ETHYL-EPA DECISION

 RICHMOND, Va., April 7 /PRNewswire/ -- Ethyl Corporation (NYSE: EY) today said a federal appeals court's decision to remand the company's fuel additive waiver appeal to the U.S. Environmental Protection Agency (EPA) was a positive development in Ethyl's effort to win approval for the use of its manganese-based additive in unleaded gasoline in the U.S.
 Ethyl's president and chief executive officer, Bruce C. Gottwald, said the company has received the April 6 decision of the U.S. Court of Appeals for the District of Columbia Circuit remanding to the EPA for reconsideration within 180 days its denial of Ethyl's fuel-additive waiver application for HiTEC 3000 performance additive (MMT). In effect, Gottwald noted, the three-judge panel acted favorably on Ethyl's appeal by acknowledging that former EPA Administrator William Reilly had acted on indefensible grounds in January 1992 in denying Ethyl's application.
 Gottwald said, "Ethyl will contact the EPA shortly to move forward with implementing the court's decision."
 Drawing short of granting Ethyl a waiver outright, the court ordered "the agency to consider the new evidence and make a new decision ... preferring to allow agencies to cure their own mistakes rather than wasting the courts' and the parties' resources reviewing a record that both sides acknowledge to be incorrect or incomplete."
 -0- 4/7/93
 /NOTE: HiTEC is a registered trademark./
 /CONTACT: A. Prescott Rowe, 804-788-5413, or Robert P. Buford IV, 804-788-5494, both of Ethyl Corporation/
 (EY)


CO: Ethyl Corporation; U.S. Environmental Protection Agency ST: Virginia IN: OIL SU:

TW-KD -- DC023 -- 3797 04/07/93 13:05 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 7, 1993
Words:258
Previous Article:CREATING A RETAIL SALES CULTURE AND SELLING INVESTMENTS TOP SUPERMARKET BANKERS' LIST OF HOT TOPICS
Next Article:MCI LOWERS PRIMETIME RATES IN TEXAS;FIRST HOUR AND EACH ADDITIONAL MINUTE REDUCED
Topics:


Related Articles
ETHYL CORPORATION APPLICATION DENIED BY EPA
U.S. EPA AND NAVAJO NATION WANT PITS CLOSED ON NAVAJO LANDS
ETHYL SIGNS DEAL WITH MITSUBISHI KASEI
ETHYL PLANS SPIN-OFF OF CHEMICALS OPERATION
DUFF & PHELPS PLACES ETHYL SENIOR DEBT ON RATING WATCH-DOWN; COMPANY TO SPIN OFF CHEMICAL ASSETS TO SHAREHOLDERS
ETHYL SIGNS ANTIKNOCK PACT WITH OCTEL
ETHYL-EPA AGREEMENT
ETHYL, EPA REACH DELAY AGREEMENT
APPEALS COURT GRANTS WAIVER FOR ETHYL ADDITIVE
Chevron Richmond Refinery To Pay $540,000 Environmental Penalty.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters