Kodak Transfers Site Liability to Facilitate Sale

Kodak says it has expedited the sale of a contaminated site that formerly produced imaging chemicals at Kirkby, U.K. by transferring environmental liability for the site to a third party, environmental services group WSP Environmental (WSPE; London). Kodak has agreed to sell the 500,000-sq-ft site to Acorn Developments (Kirkby), a subsidiary of used plant supplier International Process Plants and Equipment (Hamilton, NJ), and Kodak will pay WSPE to assume environmental liability for the site. It is thought to be the first time in the U.K. that environmental...

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