4/29/08 - EXPEDITED SETTLEMENT AGREEMENT ISSUED, ASSESSING A PENALTY OF $540. ALLEGED VIOLATIONS: EPA ALLEGES THAT RESPONDENT VIOLATED THE CAA'S CHEMICAL ACCIDENT PREVENTION PROGRAM WHEN RESPONDENT DID NOT PROVIDE EVIDENCE THAT IT HAD: (1) UPDATED THE HAZARD REVIEW FOR THE COVERED PROCESS AT LEAST ONCE EVERY 5 YRS AS REQUIRED BY 40 CFR 68.50(D); AND (2) CONDUCTED COMPLIANCE AUDITS, AT LEAST EVERY 3 YRS, TO VERIFY THAT ITS PREVENTION PROGRAM PROCEDURES AND PRACTICES ARE ADEQUATE AND ARE BEING FOLLOWED AS REUQIRED BY 40 CFR 68.58(a).