NASF efforts have significantly delayed EPA action on a regulation under the federal CERCLA, or Superfund, law that could potentially be damaging to the finishing industry. Affected companies would have to show evidence of financial responsibility for potential releases of hazardous substances (e.g., insurance policy, surety bond, trust fund, etc.).
Financial assurance mechanisms for potential Superfund liability—which essentially means being able to finance a cleanup—can be very expensive and difficult to obtain for metal finishing operations and could force many finishing facilities to close, creating the very problem that EPA intends to avoid under the law.
Editor PickA Shiny New Day for Univertical
Following $5.5 million in clean-up costs shared by Univertical (Angola, IN) and state and local governments, Chuck Walker’s company is ready to expand operations in supplying anodes and chemicals for the worldwide plating industry.