FILE - Smoke from an explosion at the TPC Group plant is seen Wednesday, Nov. 27, 2019, in Port Neches, Texas. The Texas petrochemical company has pleaded guilty to a violation of the Clean Air Act and has agreed to pay more than $30 million related to two explosions in 2019 at their facility in Port Neches, which caused the evacuation of thousands and injured workers, the U.S. Justice Department said Tuesday, May 21, 2024.
“TPC Group sincerely regrets the damage and disruption caused by the November 2019 incident at our Port Neches facility,” the company said via a statement on Tuesday. “Since the event, TPC Group has cooperated fully with all federal, state, and local investigations.” The company entered into a plea deal with the government on Monday and agreed to pay over $30 million in criminal fines and civil penalties. The plan also includes spending about $80 million to improve its risk management program and improve safety issues at TPC Group’s Port Neches and Houston facilities.
“Today’s guilty plea shows that businesses that choose to place profits over safeguards and legal compliance will face serious consequences,” said U.S. Attorney Damien M. Diggs for the Eastern District of Texas.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: sdut - 🏆 5. / 95 Read more »