---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-025888"
form_type: "8-K"
ticker: "CC"
cik: "0001627223"
company_name: "Chemours Co"
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:17:38.946362+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Chemours, DuPont, Corteva agree to $1.185B PFAS drinking water settlement

## Summary
- Total settlement fund $1.185B; Chemours contributes ~$592M (50%), DuPont ~$400M, Corteva ~$193M.
- Settlement covers PFAS drinking water claims of U.S. public water systems serving ~88% of population; excludes government-owned and small systems without PFAS detection.
- Chemours to record $592M pre-tax charge in Q2 2023; settlement subject to court approval and opt-out thresholds.
- MOU entered June 1, 2023; definitive agreement expected within Q2 2023; funding within 10 days of preliminary approval.
- Companies deny liability and reserve defenses; settlement does not resolve personal injury, NRD, or certain wastewater claims.

## SEC filing metadata
- accession: 0000950170-23-025888
- form_type: 8-K
- ticker: CC
- cik: 0001627223
- company_name: Chemours Co
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1627223/000095017023025888/0000950170-23-025888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1627223/000095017023025888/cc-20230601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-025888
- JSON: https://secwatch.observer/filing/0000950170-23-025888.json
- Plain text: https://secwatch.observer/filing/0000950170-23-025888.txt

## Key facts
- Material Agreements
  Chemours Co entered into MOU with DuPont de Nemours, Inc., Corteva Inc., and EIDP, Inc. valued at $1.185 billion (effective 2023-06-01).
  - Action: entry
  - Agreement: settlement
  - Counterparty: DuPont de Nemours, Inc., Corteva Inc., and EIDP, Inc.
  - Value: $1.185 billion
  - Effective: 2023-06-01
  source text: On June 1, 2023, The Chemours Company (“Chemours”), The Chemours Company FC, LLC (“Chemours FC”), DuPont de Nemours, Inc. (“DuPont”), Corteva Inc. (“Corteva”) and E. I. du Pont de Nemours and Company n/k/a EIDP, Inc. (“E. I. du Pont” and, collectively with Chemours, Chemours FC, DuPont and Corteva, the “Companies”) entered into a binding agreement in principle (the “MOU”) to comprehensively resolve all drinking water claims related to per- and polyfluoroalkyl substances (as further clarified below, “PFAS”) of a defined class of U.S. public water systems that serve the vast majority of the United States population.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1627223/000095017023025888/0000950170-23-025888-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.