Koch agrees to record $30 million fine

01/24/2000
Koch Industries Inc., Wichita, has agreed to pay a record civil fine for environmental violations, the US Department of Justice and Environmental Protection Agency said.To resolve claims related to more than 300 oil spills from its pipelines and oil facilities in six states, Koch will pay a $30 million civil penalty, improve its leak-prevention programs, and spend $5 million on environmental projects. The settlement resolved two lawsuits in Houston and Tulsa that alleged Koch illegally discharged crude and petroleum products in Texas, Oklahoma, Kansas, Missouri, Louisiana, and Alabama. Texas had joined the US in suing Koch and will share equally in the $30 million payment.Koch is the seco...
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