3M agrees to pay $10.3 billion to settle 'forever chemicals' drinking water lawsuits | CNN Business

3M announced Thursday that it had reached an agreement to settle lawsuits that claimed that toxic “forever chemicals” had contaminated water supplies in the United States. Polyfluoroalkyl and perfluoroalkyl substances , known as “forever chemicals,” have been found in hundreds of household items, including makeup and carpeting, and are used to make coatings that repel water, grease, and oil.

3M’s proposed settlement comes just weeks after three other companies, Chemours, DuPont, and Corteva, announced they would pay more than $1 billion to settle lawsuits over “forever chemicals.” Earlier this year, the US Environmental Protection Agency proposed national drinking water standards for PFAS chemicals, based on evidence that they have been found to linger in the environment and in the human body. 3M said its multi-billion dollar settlement is not an admission of liability.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dollar Tree targeting $10+ per-share earnings in fiscal 2026Dollar Tree Inc. set goals for the next few years in a statement released ahead of an analyst day, and said it’s targeting $10+ per-share earnings in fiscal...
Source: MarketWatch - 🏆 3. / 97 Read more »

Container Store Goes After $10 Billion Dorm Market With Dormify ShopsThe storage and organization retailer has teamed up with online seller Dormify to grab some of Bed Bath & Beyond's share of the back-to-school market.
Source: Forbes - 🏆 394. / 53 Read more »

Container Store Goes After $10 Billion Dorm Market With Dormify ShopsThe demise of Bed Bath & Beyond left a big chunk of the $10 billion dorm room furnishings market up for grabs. The Container Store wants to capture some of that spending through an innovative partnership with social-media savvy online retailer Dormify.
Source: Forbes - 🏆 394. / 53 Read more »