Chemours agreed to a $455 million settlement with North Carolina and local entities over PFAS-related claims. Chemours will bear 50% of settlement payments, while the agreement applies $210 million against the MOU’s $4 billion qualified-spend cap and treats future Escrow contributions as satisfied by settlement payments.

Key Highlights

  • The settlement amount is $455 million, payable over 15 years beginning within 30 days of execution.
  • Chemours will be responsible for 50% of settlement payments, with DuPont and Corteva responsible for the remaining 50%.
  • The settlement will be applied at $210 million against the MOU’s $4 billion qualified-spend cap, and future MOU escrow contributions will be considered satisfied by the North Carolina and New Jersey settlement payments.

Chemours Co (NYSE: CC), DuPont and Corteva (NYSE: CTVA) agreed to a $455 million settlement with North Carolina and local entities over PFAS-related claims. The agreement resolves claims tied to emissions from the Fayetteville Works Facility and certain other PFAS contamination claims involving the state.

$455 Million Settlement Covers PFAS Claims

The settlement was entered on September 9, 2026, and remains subject to orders dismissing the covered claims. Chemours will be responsible for 50% of the settlement payments under the 2021 memorandum of understanding, while DuPont and Corteva will cover the remaining 50%. The agreement also addresses certain obligations under the 2019 Consent Order, including procedures for resolving remaining off-site obligations and implementing drinking water programs.

Settlement Changes MOU Spend and Escrow Treatment

For purposes of the MOU’s $4 billion qualified-spend cap, the settlement is valued at $210 million.