secwatch.observer — SEC 8-K summary
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Issuer:     Chemours Co (CC)
CIK:        0001627223
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0000950170-23-066546
Event type: litigation
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627223/000095017023066546/0000950170-23-066546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627223/000095017023066546/cc-20231128.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-066546

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