DuPont, Chemours, Corteva Agree $2 Billion PFAS Settlement New Jersey
DuPont, Chemours, Corteva Agree $2 Billion PFAS Settlement New Jersey

DuPont, Chemours, Corteva Agree $2 Billion PFAS Settlement New Jersey

News summary

Chemours, DuPont, and Corteva have agreed to pay New Jersey $875 million over 25 years to settle claims related to PFAS contamination, marking one of the state's largest environmental settlements. These 'forever chemicals' are highly persistent in the environment and linked to serious health issues, including cancers and hormonal disorders. The settlement addresses pollution at four manufacturing sites in New Jersey and establishes a remediation fund of up to $1.2 billion, with an additional $475 million reserve fund to ensure cleanup commitments are met. Chemours will pay half of the settlement, DuPont about 36%, and Corteva the remainder, with payments starting no earlier than 2026. New Jersey officials emphasized holding polluters accountable for contaminating natural resources and noted the settlement follows other major PFAS-related agreements, including a $10.3 billion settlement with 3M in 2023. The deal still requires court approval but is hailed as a significant step toward addressing long-standing environmental and public health harms caused by PFAS pollution.

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