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DuPont, Chemours and Corteva Reach Record $2 Billion PFAS Settlement With New Jersey

Court approval will unlock $875 million in payments to New Jersey along with a $1.2 billion fund to clean up PFAS contamination at four industrial sites.

A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/ File Photo
The logo for Corteva Agriscience, a former division of DowDuPont, is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., June 3, 2019. REUTERS/Brendan McDermid/ File Photo
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Overview

  • Under the settlement, DuPont, Chemours and Corteva will contribute $875 million over 25 years toward state compensation for natural resource damages.
  • A dedicated $1.2 billion remediation fund will finance cleanup work at the Pompton Lakes, Parlin, Repauno and Chambers Works sites.
  • The deal resolves all pending environmental and other claims tied to legacy PFAS contamination at those four facilities.
  • This agreement follows a $450 million PFAS settlement with 3M and reflects New Jersey’s strategy to hold manufacturers accountable.
  • A judge must approve the pact before any payments are made or remediation efforts begin, marking the next step in addressing ‘forever chemical’ pollution.