DuPont, Chemours, and Corteva settle North Carolina PFAS claims

DuPont de Nemours, Inc., The Chemours Company, and Corteva Inc. announced a settlement agreement with the State of North Carolina and certain municipalities on September 10, 2026, resolving claims related to PFAS and other emissions from the Fayetteville Works facility, as well as broader PFAS contamination claims by the state.

Qnity Electronics, Inc. (NYSE: Q) disclosed that it established an indemnification liability of $43 million in the second quarter of 2026, which remains unchanged. The figure represents the company's contractually allocated share — 44% of DuPont's after-tax liability — arising from the settlement.

Under the terms agreed upon by Chemours, Corteva, and DuPont, the settlement and potential future litigation settlements will be counted against a 2021 Memorandum of Understanding limit at net present value as of each applicable settlement date, calculated as if payable in equal annual installments over 25 years and discounted at an 8% rate.

The three companies also agreed that future contributions to the MOU escrow account will be considered satisfied by payments connected to settlements with New Jersey and North Carolina, including the escrow contribution that would have been due in September 2026.

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