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

DuPont de Nemours, Inc.

Total settlement $1.185B cash; Chemours 50% (~$592M), DuPont ~$400M, Corteva ~$193M.
Settlement covers public water systems serving ~88% of U.S. with PFAS detection or required monitoring.
Excludes state/federal systems, small systems without detection/monitoring, lower Cape Fear River Basin (opt-in only).
Definitive agreement to be finalized by June 30, 2023; preliminary court approval expected within 2 months.
Companies have walk-away right if opt-outs exceed threshold; deny allegations in underlying litigation.

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