Chemours Reaches $112.5M Settlement with EPA and WVDEP Over PFAS Claims

The Chemours Company (CC) has entered into a proposed Consent Decree with the U.S. Environmental Protection Agency (EPA) and the West Virginia Department of Environmental Protection (WVDEP) to resolve claims related to PFAS emissions and other alleged activities at its Washington Works, Fayetteville Works, and Chambers Works facilities.

Key Details

• Financial Terms: Chemours will pay a $22.5 million civil penalty in three annual installments and dedicate an additional $90 million over 15 years to fund mitigation projects aimed at reducing PFAS emissions and providing alternative drinking water.
• Operational Impact: The company will expand its existing off-site drinking water programs in West Virginia, Ohio, and New Jersey. Chemours expects this expansion to increase its existing environmental reserves.
• Contingency & Scope: The settlement, which is not an admission of liability, resolves claims asserted by the EPA and WVDEP regarding the specified facilities. The agreement is subject to a public notice and comment period, as well as final court approval.