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Corteva to pay about $66M in North Carolina PFAS settlement

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Sig5.13Sen-5.80Env-7.13Soc-5.09Gov-5.71

Finalized Wednesday, Corteva and partners agreed to a $455 million PFAS settlement with North Carolina and local entities resolving claims tied to historical discharges and Chemours’ 2019 consent order. Payments span 15 years, with Corteva covering about $66 million and guaranteeing 29% of Chemours’ portion; DuPont covers 71%. A $210 million net-present-value amount will offset the $4 billion qualified-spend cap.

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