Norfolk Southern Has Agreement With Chemical Maker

Norfolk Southern reached an agreement with one of two companies about how much each side will help pay for a $600 million class-action settlement, which the railroad agreed to after the disastrous 2023 Ohio train derailment and toxic chemicals that were released and burned. This lawsuit doesn’t change anything about how much money people will receive from the settlement or any payments to the village of East Palestine or anyone else — those are all established in various settlement agreements. This case only affects which companies have to write the checks to pay for the class-action settlement, which is separate from the cost of the massive environmental cleanup. The railroad and OxyVinyls, the chemical company that made the vinyl chloride that was released and burned after the derailment, announced the settlement Thursday in the midst of the ongoing trial over who should pay people affected by the derailment in East Palestine, Ohio. The two companies didn’t disclose any details of the agreement in their brief statement.