Legal
DuPont, Chemours and Corteva to Pay $1.19 Billion in Forever-Chemicals Deal
- Companies settle cities’ claims of tainted drinking water
- Meanwhile 3M strikes record PFAS pact of at least $10 billion
Steam rises from a stack at a chemical plant in Cottage Grove, Minnesota.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
DuPont de Nemours Inc., Chemours Co. and DuPont spinoff Corteva Inc. agreed to pay $1.185 billion to resolve hundreds of pollution claims by cities, towns and local water agencies over “forever chemicals” that allegedly fouled waters across the US.
The companies will set up a fund to settle lawsuits claiming that per- and polyfluoroalkyl substances, or PFAS, made by DuPont tainted drinking water and subjected consumers to higher rates of cancer, according to a statement Friday.