Washington — Companies that have manufactured per- and polyfluoroalkyl substances agreed this month to pay more than $11 billion to assist with PFAS mitigation efforts, having reached settlement agreements with public water suppliers throughout the U.S.
3M will pay more than $10.3 billion over the next 13 years to assist with PFAS mitigation efforts, according to the details of its agreements reached June 22.
Chemours Co., DuPont Co. and Corteva Inc., meanwhile, collectively will pay $1.185 billion to a settlement fund, the contribution by each determined by the Memorandum of Understanding between the companies reached in January 2021. This is according to a June 2 resolution of all their PFAS-related drinking water claims within a defined class of public water systems, mainly in the U.S.
Chemours will pay about $592 million — or 50 percent — while and DuPont and Corteva contribute $400 million and $193 million, respectively. These amounts are to be deposited into the settlement fund within 10 business days after court approval.
The agreement involving Chemours, DuPont and Corteva covers water systems that have detected PFAS at any level as well as those that require monitoring under EPA monitoring rules. This includes systems within the South Carolina aqueous film-forming foam multi-district litigation, but it is not limited to it.