Chemours agrees to $110M PFAS settlement with Ohio; records $67.5M pre-tax charge

Chemours Co

Chemours, DuPont, and Corteva settle Ohio PFAS claims for $110M; Chemours share $55M.
Chemours records $67.5M pre-tax charge in FY2023, including $12.5M supplemental payment to Delaware trust.
80% of settlement allocated to Washington Works discharges; 20% for other PFAS and AFFF claims.
Settlement subject to court approval; payment due within 10 business days after final court approval.
Consistent with Jan 2021 MOU, Chemours bears 50% of settlement costs, with DuPont and Corteva covering the rest.

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