EPA REGION 3 WAIVED A TOTAL OF $18,700 IN ADMINISTRATIVE PENALTIES AGAINST FLOWSERVE CORPORATION, WHICH SELF-DISCLOSED ITS TOXIC CHEMICAL RELEASE REPORTING VIOLATIONS OF EPCRA SECTION 313 TO EPA. FLOWSERVE CORPORATION, A FLOW METER MANUFACTURING OUTFIT LOCATED IN LYNCHBURG, VIRGINIA, SELF-DISCLOSED THAT IT HAD FAILED TO TIMELY FILE TO EPA AND THE COMMONWEALTH OF VIRGINIA A TOXIC CHEMICAL RELEASE REPORT FOR XYLENE FOR THE 1997 CALENDAR YEAR. EPA HAS DETERMINED THAT FLOWSERVE CORPORATION WAS ENTITLED TO A FULL PENALTY REDUCTION UNDER EPA'S SELF-DISCLOSURE POLICY DATED APRIL 2000 TO WARRANT A 100 PERCENT REDUCTION OF THE PENALTY. A NOTICE OF DETERMINATION (NOD) WAS ISSUED TO THE COMPANY ON AUGUST 2. IT IS THE INTENT OF THE SELF-DISCLOSURE POLICY TO ENCOURAGE THE REGULATED COMMUNITY TO COME FORTH AND SELF-DISCLOSE ITS VIOLATIONS TO EPA, UNDERSTANDING THAT A PENALTY MITIGATION MAY BE INCURRED FOR SELF-DISCLOSURES.