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Exxon Mobil pays for toxic waste issues

ExxonMobil Chairman and CEO Rex Tillerson testifies before the House Energy and Commerce Committee Energy and Environment Subcommittee hearing regarding off shore oil drilling safety on Capitol Hill in Washington on June 15, 2010. UPI/Roger L. Wollenberg
ExxonMobil Chairman and CEO Rex Tillerson testifies before the House Energy and Commerce Committee Energy and Environment Subcommittee hearing regarding off shore oil drilling safety on Capitol Hill in Washington on June 15, 2010. UPI/Roger L. Wollenberg | License Photo

WASHINGTON, Sept. 30 (UPI) -- Exxon Mobil agreed to pay $150 million to dispose of hazardous materials at a fertilizer plant in Texas, the U.S. Environmental Protection Agency said.

The EPA found Exxon Mobil stored more than 1 billion gallons of hazardous waste illegally at a fertilizer plant in Pasadena, Texas.

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The company in a settlement agreed to spend more than $150 million to clean the site and monitor groundwater for the next 50 years.

Agrifos Fertilizer bought the 509-acre facility from the Texas oil company in 1998. The site includes a processing facility to produce phosphoric acid from mineral ores.

"Mining and mineral processing facilities generate more toxic and hazardous waste than any other industrial sector, based on EPA's toxic release inventory," the environmental regulator said in a statement. "If not properly managed, these facilities pose a high risk to human health and the environment."

Exxon Mobil as the prior owner of the site retained responsibility for waste issues at the plant.

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