Chemours and Dupont plan to split the $670.1 million they've offered to pay to settle claims related to exposure to C8, a cleaning agent used for years in the manufacture of Teflon, the company announced February 13. The jury had previously ruled that DuPont owed the man $2 million in compensatory damages.
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Wilmington, Delaware-based chemical company DuPont announced Monday that it has agreed to a $670.7 million settlement of a long-running PFOA lawsuit in the Mid-Ohio Valley. It resolves all indemnification obligations between Chemours and DuPont for all of the approximately 3,500 claims in the OH multi-district litigation, Chemours said in a news release issued February 13.
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"This agreement provides a sound resolution for area residents, Chemours, and the public", said David C. Shelton, general counsel of Chemours. "Both companies denied any wrongdoing", DuPont added.
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After ignoring concerns about high levels of C8 in some West Virginia communities for years, the U.S. Environmental Protection Agency this spring issued a new drinking-water advisory for the chemical, following the highly publicized discovery of contamination in communities near Hoosick Falls, New York. The company had reached an earlier settlement in the case in 2004 and agreed to pay more than $350 million to filter water treatment systems in that region and conduct health studies on people affected by the pollution, including longterm biomonitoring of their health. In addition, Chemours will pay up to $25 million over each of the next five years for any future liabilities from PFOA, a processing aid used until 2015 to make fluoropolymers such as Teflon. "It settles all indemnification obligations between Chemours and DuPont for all of the approximately 3,500 claims" the companies faced, "and allows us to move forward". "After the five-year period, Chemours indemnification obligations under the Separation Agreement continue unchanged and DuPont has no commitment to fund PFOA costs", according to DuPont. Dupont purchased C8 from 3M from the 1950s through 2000, then manufactured it itself before eventually discontinuing its use.