3M Reaches $10.3 Billion Settlement in ‘Forever Chemicals’ Suits - NYT
3M Reaches $10.3 Billion Settlement in ‘Forever Chemicals’ Suits - NYT
The deal followed an agreement by Chemours, DuPont and Corteva to pay $1.19 billion to help resolve claims that the chemical manufacturers contaminated drinking water across the country.
The chemical and manufacturing giant 3M reached a $10.3 billion settlement on Thursday with U.S. cities and towns over their claims that the company contaminated drinking water with so-called forever chemicals used in everything from firefighting foam to nonstick coatings.
Under the sweeping settlement, 3M said it would pay out the money over 13 years to any cities, counties and others across the country to test for and clean up perfluoroalkyl and polyfluoroalkyl substances, known as PFAS, in public water supplies.
3M, which is facing about 4,000 lawsuits by states and municipalities for PFAS contamination, did not admit any liability. The company said the settlement covered remediation to water suppliers that detected the chemical “at any level or may do so in the future.”