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The District of Columbia defines "lead-based paint" as any "paint, surface coating that contains lead equal to or exceeding 0.7 milligram per square centimeter (0.7 mg/cm2) or 0.5% by weight." [9] This is more stringent than the HUD lead-based paint standard of 1.0 mg/cm2) . Some states have adopted this or similar definitions of "lead-based ...
The U.S. Consumer Product Safety Commission (CPSC) banned lead paint in 1977 in residential properties and public buildings (16 CFR 1303), along with toys and furniture containing lead paint. The cited reason was "to reduce the risk of lead poisoning in children who may ingest paint chips or peelings". [ 35 ]
[2] [3] The National Lead Institute was a predecessor of the Lead Industries Association. [4] [5] [6] The association lobbied to lift bans on, and promote the use of, lead pipes. [7] The association also promoted lead-based paints, which became the subject of a poisoning lawsuit filed against paint manufacturers. [8]
Forty-six years after it was banned in the U.S., many homes still have lead paint, which could potentially cause health problems.
NL Industries (NYSE: NL), formerly known as the National Lead Company, is a lead smelting company currently based in Houston, Texas. National Lead was one of the 12 original stocks included in the Dow Jones Industrial Average at the time of its creation on May 26, 1896. [1] NL Industries (Dutch Boy Paint) Specimen Stock Certificate, c.1975
In 2004, four decades after lead-based paint was banned in New York City homes, the city adopted new regulations requiring property owners to remove any peeling or crumbling paint in a unit where children under the age of 6 are present.
Its longest-running sub-brand, Regal, was introduced in 1957. Benjamin Moore removed lead from Regal formulations in 1968, ten years before the United States banned lead paint for residential and interior use. [citation needed] Benjamin Moore currently owns Insl-X and Coronado.
[52] [53] The judge ruled that the paint companies manufactured, marketed, and sold lead paint without disclosing the health risks to the consumers in spite of "actual and constructive knowledge that it was harmful". [54] [55] In March 2014 Sherwin-Williams was denied a new trial. [56] In July 2019, a $305 million settlement was reached. [57]