Chemical Giants to Pay $1.2B Settlement for 'Forever Chemical' Water Contamination Lawsuits.
TL;DR Summary
Chemical companies Chemours, DuPont, and Corteva have agreed to pay over $1 billion to settle claims that "forever chemicals" contaminated public US water systems. The chemicals, per- and polyfluoroalkyl substances (PFAS), are found in everyday products and can cause serious health problems. The settlement fund will be contributed by Chemours (50%), DuPont (about $400 million), and Corteva (about $193 million). The companies are facing thousands of lawsuits from across the country alleging the toxic chemicals were utilized in manufacturing and then polluted the environment.
- Three chemical giants agree to pay more than $1 billion to settle ‘forever chemical’ claims CNN
- Three 'Forever Chemicals' Makers Settle Public Water Lawsuits The New York Times
- 3M jumps on report of $10B settlement over 'forever chemicals' (NYSE:MMM) Seeking Alpha
- Top US chemical firms to pay $1.2bn to settle water contamination lawsuits The Guardian
- DuPont, Chemours and Corteva to pay $1.2B over water contamination lawsuit The Washington Post
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