PR Newswire·Sep 10, 2026, 6:45 AM ET

Chemours, DuPont and Corteva Reach Agreement to Resolve PFAS-Related Claims in North Carolina

Chemours, DuPont, & Corteva settled litigations with the State of North Carolina & 11 local entities regarding PFAS discharges from Fayetteville Works & unrelated AFFF contamination.
Total settlement payments amount to $455 million over 15 years, with Chemours responsible for 50% of the costs.
Chemours' net present value share is approximately $180 million, covered by existing accruals, with expected payments of ~$50 million in the next 12 months.
The agreement acknowledges progress made under the 2019 Consent Order, including reduced emissions & mitigation of off-site community impacts.
$18 million of the total settlement is attributed to PFAS contamination unrelated to the Fayetteville Works site.
The settlement includes $210 million in qualified spend calculations for legacy PFAS matters under the January 2021 Memorandum of Understanding.
All future contributions to the MOU escrow account are satisfied, including Chemours' $50 million payment due in September 2026.
Finalization of the settlement remains subject to the entry of dismissals for the covered litigations.