DuPont spin-offs agree $ 50 million with Delaware through PFAS

0



The Delaware investigation into PFAS pollution is ongoing and is expected to result in further party recoveries or enforcement actions, Jennings spokesman Mat Marshall said.

PFAS have been detected in all three Delaware counties and the Delaware River and Bay, Marshall said, emphasizing that DuPont, Chemours and Corteva “are responsible for only part of this contamination.”

Marshall said that Chemours acquired DuPont’s performance chemicals business in 2015. with little or no reporting to the state, ” he said.

Corteva is an agricultural science company founded in 2019 following the merger of DuPont with Dow Chemical. Corteva provides farmers with seeds, crop protection, and other needs.

Mark Newman, CEO of Chemours, said the decision to resolve rather than defend a lengthy and costly lawsuit was “very motivated by our commitment, a meaningful difference in the community we call home, and our historic relationship with the state To effect Delaware ”.

Ed Breen, Executive Chairman of DuPont, confirmed this assessment.

“This agreement could not have come about without the goodwill and support of all parties,” said Breen. “This goodwill is based on more than 200 years of relationships between companies and the state, people and the economy.”



Share.

Leave A Reply