Issue Date: September 15, 2014
BASF Faces Lawsuit Over Asbestos
The Philadelphia federal appeals court has ordered BASF to stand trial on charges that it fraudulently denied compensation to asbestos-injured victims. Plaintiffs claim that BASF and its law firm lied about and destroyed evidence showing BASF sold talc containing the disease-causing mineral. BASF inherited the long-running dispute with its 2006 purchase of catalyst maker Engelhard, which operated a talc mine in Vermont between 1967 and 1983. BASF says it may appeal the ruling. According to a study by the nonprofit Rand Corp., asbestos compensation cost companies—including chemical firms such as W.R. Grace, Dow Chemical, and Eastman Chemical—$70 billion from the 1970s to 2002.
- Chemical & Engineering News
- ISSN 0009-2347
- Copyright © American Chemical Society