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Get filing alertsDuPont settles North Carolina PFAS claims for $455M; its pre-tax share ~$126M
Filed September 10, 2026 · Period ending September 9, 2026 · ~1 min read
Key Changes
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DuPont, Chemours and Corteva agreed to pay $455 million over 15 years to resolve PFAS claims by North Carolina and 11 local entities.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR → -
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DuPont's pre-tax present value share is approximately $126 million, with 44% reimbursed by Qnity Electronics and the rest materially covered by existing accruals.
Exhibit 99.1 view on EDGAR → -
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DuPont recorded a probable loss of about $125 million in discontinued operations, before the 44% reimbursement from Qnity Electronics.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR → -
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DuPont and Corteva will establish a $135 million reserve fund, accessible only if Chemours fails to perform under its 2019 Consent Order.
Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR → -
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Settlement payments satisfy future MOU escrow contributions, including the September 2026 contribution, reducing near-term cash funding needs.
Exhibit 99.1 view on EDGAR →
Summary
DuPont, along with Chemours and Corteva, has agreed to pay $455 million over 15 years to settle PFAS-related claims brought by North Carolina and 11 local entities. The settlement resolves claims tied to the Fayetteville Works facility and other alleged contamination, including from AFFF use.
DuPont's pre-tax present value share is approximately $126 million, of which 44% will be reimbursed by Qnity Electronics, and the remaining exposure is materially covered by existing accruals. DuPont recorded a probable loss of about $125 million in discontinued operations. For retail holders, the key takeaway is that the settlement removes a significant legal overhang with limited incremental cash impact.
The company's share is largely covered by accruals and a reimbursement agreement, and the settlement also satisfies future MOU escrow contributions, reducing near-term cash funding requirements. DuPont and Corteva will establish a $135 million reserve fund as contingent security, but it is only accessible if Chemours fails to perform under its 2019 Consent Order.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Settlement payments will total $455 million over a 15-year period beginning within 30 days of the execution date of the Settlement Agreement.
DuPont, Chemours and Corteva agreed to pay $455 million over 15 years to resolve PFAS-related claims brought by the State of North Carolina and 11 local entities. The settlement covers historical discharges from the Fayetteville Works facility and the State's claims of PFAS contamination unrelated to that site, including from AFFF use.
Added in current filing · verify on EDGAR →
Of the total settlement amount, $18 million is attributed to alleged PFAS contamination unrelated to Fayetteville Works, of which no more than $14.4 million, approximately 3%, can be ascribed to AFFF.
Of the $455 million total, $18 million is attributed to alleged PFAS contamination unrelated to Fayetteville Works. No more than $14.4 million (approximately 3% of the total) is ascribed to AFFF, with the remainder tied to the Fayetteville Works site.
Event · Item 1.01 — Entry into a Material Definitive Agreement
Item 1.01 — Entry into a Material Definitive Agreement filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
entered into a Settlement Agreement with the State of North Carolina, by and through the North Carolina Attorney General, along with the State Subdivisions of Bladen County, Brunswick County, Columbus County, Cumberland County, New Hanover County, Robeson County, Sampson County, Town of Wrightsville Beach, City of Lumberton, Village of Bald Head Island, and Lower Cape Fear Water and Sewer Authority
DuPont, Chemours, and Corteva entered into a settlement to resolve all PFAS-related claims asserted by North Carolina and its subdivisions, including claims tied to the Fayetteville Works facility and AFFF contamination. The settlement is subject to court orders dismissing the covered claims.
Added in current filing · verify on EDGAR →
The Settlement includes an aggregate cash payment to the Plaintiffs of $455 million, payable over a period of 15 years
The total cash payment is $455 million, spread over 15 years. The allocation among DuPont, Chemours, and Corteva follows the 2021 binding Memorandum of Understanding.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 11, 2026 · How we verify