Chemours, DuPont, Corteva settle North Carolina PFAS claims for $455M

Chemours Co

Settlement resolves claims by NC and 11 local entities over PFAS from Fayetteville Works; $455M over 15 years.
Chemours to pay 50% (~$180M NPV); covered by existing accruals; ~$50M due in next 12 months.
Settlement also covers NC claims unrelated to Fayetteville Works, incl. AFFF; $18M attributed to that.
MOU escrow contributions deemed satisfied; Chemours' $50M Sept 2026 escrow payment waived.
Agreement acknowledges completion of some 2019 Consent Order obligations; procedures for remaining off-site items.

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