29.11.2023 13:43:20 - dpa-AFX: DuPont, Chemours, Corteva To Pay $110 Mln To Ohio As Natural Resource Restoration Deal Settles

WILMINGTON (dpa-AFX) - DuPont De Nemours & Co. (DD), Chemours Co. (CC) and
Corteva, Inc. (CTVA) announced Wednesday that they have reached a settlement
agreement with The State of Ohio regarding natural resource restoration.

As part of the settlement, the companies agreed to pay the State of Ohio a
combined total of $110 million. Of this, the State has allocated 80 percent to
restoration of natural resources related to operation of the Washington Works
facility.

The binding Memorandum of Understanding between the companies were reached in
January 2021, under which DuPont's share of the settlement will be around $39
million.

The settlement resolves, among other things, the State's claims relating to
releases of per- and polyfluoroalkyl substances, generically referred to as
'PFAS', in or into the State from the companies' facilities and claims relating
to the manufacture and sale of PFAS-containing products. The settlement also
resolves the State's claims related to aqueous film-forming foam or AFFF.



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