Key facts
- Chemours, DuPont, and Corteva agreed to a $455 million settlement with North Carolina and 11 local entities.
- The settlement resolves claims related to PFAS contamination from Chemours' Fayetteville Works plant and other historical discharges.
- Payments will be made over 15 years, starting within 30 days of the agreement's execution.
- Chemours will pay 50% of the settlement cost, with DuPont and Corteva splitting the remainder.
- Chemours expects to pay approximately $50 million over the next 12 months.
Chemours, DuPont, and Corteva have reached a $455 million settlement with North Carolina and 11 local entities to resolve claims of pollution from 'forever chemicals,' also known as PFAS. The lawsuits accused the companies of contaminating U.S. drinking water. This agreement specifically addresses claims excluded from a broader 2024 public water system class settlement and includes pollution linked to aqueous film-forming foam, beyond just the Fayetteville Works plant.
Payments will be disbursed over 15 years, commencing within 30 days of the agreement's finalization. Chemours is slated to bear 50% of the total settlement cost, as per a 2021 agreement among the companies, with DuPont and Corteva sharing the remaining 50%. Chemours anticipates paying around $50 million within the next 12 months. The company stated that the settlement acknowledges progress made under its 2019 consent order with North Carolina, which includes investments aimed at reducing PFAS emissions and addressing off-site environmental impacts.
