Chemours, DuPont De Nemours And Corteva Reach Settlement State Of North Carolina And 11 Local Entities; Overall Settlement Payments Total $455M Over 15 Years, With Chemours' 50% Share Of Payments Of ~$180M On NPV Basis Covered By Existing Accruals
The Chemours Company (NYSE:CC) (the "Company") today announced that, along with DuPont de Nemours, Inc. ("Dupont") and Corteva, Inc. ("Corteva"), it has entered into a settlement (the
Three big chemical companies agreed to pay North Carolina 455 million dollars over 15 years to settle a pollution problem. Chemours already set aside money for this, so it should not be a surprise to investors.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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