New York CNN —The companies Chemours, DuPont and Corteva announced on Friday they have agreed to pay more than $1 billion to settle claims that “forever chemicals” contaminated public US water systems.
The three chemical giants are facing thousands of lawsuits from across the country alleging the toxic chemicals were utilized in manufacturing and then polluted the environment.
The three companies said they have agreed to contribute a total of $1.185 billion to a settlement fund.
Chemours will contribute 50 percent (about $592 million), and DuPont and Corteva will together contribute the remaining 50 percent, at about $400 million and $193 million, respectively.
So far, the three companies reached an agreement in principle.
Persons:
Corteva, Dupont, “, ”
Organizations:
New, New York CNN, DuPont, ” CNN, Court, District
Locations:
New York, District of South Carolina