Source
Comments
p. 251 of the Annual Integrated Report states a figure of 702mil euros. This has been converted into US$ at a rate of 1:1.15.
"Environmental provisions
mines and drilling operations to the extent that legislation and/
or operating permits in relation to quarries, mines, and drilling
operations contain requirements to pay compensation to third
parties. Most of these provisions, based on local expert advice,
can be expected to be used over a 1-20 year horizon and
amount to €139 million,
the dismantling of the last mercury electrolysis activities, which
should be completed by the end of 2019. The remaining
provisions related to those activities will be used for
contamination of soil and for groundwater management,
mostly over the next 20 years,
lime dikes (settling ponds related mainly to soda ash plant) ,
dump at sites and third party dump sites (linked to several
industrial activities). These provisions have a horizon of 1 to 20
years, and
various types of pollution (organic, inorganic) coming from
miscellaneous chemical productions; these provisions mainly
cover discontinued activities or closed plants. Most of these
provisions have a horizon of 1 to 20 years.
"