Chemours Co (CC) Form 8-K — Sep 10, 2026
On September 9, 2026, Chemours, DuPont and Corteva entered into a settlement agreement with the State of North Carolina and 11 local entities that resolves all claims relating to PFAS and other emissions from Chemours' Fayetteville Works facility, as well as state claims tied to PFAS contamination from aqueous film-forming foam. The settlement calls for an aggregate payment of $455 million to the claimants, payable over 15 years beginning within 30 days of execution. Under the January 2021 memorandum of understanding among the three companies, Chemours is responsible for 50% of the settlement payments while DuPont and Corteva cover the remaining half.
Key figures
- Deal Value Usd
- 455000000
- Payment period
- 15 years, beginning within 30 days of execution
- Npv discount rate
- 8%
- Chemours escrow offset
- $50 million escrow contribution due September 2026 satisfied
- Chemours share percent
- 50% of settlement payments (derived: ~$227.5 million)
- Mou qualified spend cap
- $4 billion aggregate
- Npv amortization period
- 25 years from settlement finality
- Settling local entities
- 11
- Settlement npv credit against cap
- $210 million
Price after filing
Close on the filing date to close N calendar days later (from $15.07). Historical, not a forecast.
AI analysis
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