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Solvay reaches nearly $393 million PFAS settlement with New Jersey

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The U.S. branch of Belgian chemicals company Solvay has struck a nearly $393-million deal with the New Jersey Department of Environmental Protection (NJDEP) to settle some claims linked to drinking water pollution caused by one of its plants, Solvay announced on Wednesday.

The logo of Belgian chemical group Solvay is seen at its headquarters in Brussels, Belgium, July 29, 2015. REUTERS/Francois Lenoir/File Photohas struck a nearly $393-million deal with the New Jersey Department of Environmental Protection to settle some claims linked to drinking water pollution caused by one of its plants, Solvay announced on Wednesday.

The funds will be used to test for, filter and clean up pollution from per-and polyfluoroalkyl substances, or PFAS, near the company's southern New Jersey plant. "Under the terms of the agreement, Solvay will pay $75 million to NJDEP for Natural Resource Damages and $100 million to fund NJDEP PFAS remediation projects in areas of New Jersey near the company’s West Deptford site", it said in a statement.

The company will also put aside $214 million to test the soil and water quality around the plant and "complete remediation activities." "This settlement is a historic step that requires Solvay to finally take meaningful responsibility for PFAS and other contamination at their site," New Jersey Attorney General Matthew Platkin, said in a statement.

 

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