DuPont Agrees To Settlement In Teflon Lawsuits

Feb. 20, 2017
DuPont and Chemours have settled thousands of lawsuits involving a leak of a toxic chemical used to make Teflon.

While denying any wrongdoing, DuPont and Chemours agree to pay $671 million to settle thousands of lawsuits related to the leak of a toxic chemical used to make Teflon, according to an article from Reuters. Shares for both companies reportedly increased in the wake of the announcement.

According to the article, Chemours agreed to pay half the settlement although liability for the lawsuit was passed onto it when DuPont spun off the business in 2015. More than 3,500 personal injury claims reportedly resulted from the leak of perfluorooctanoic acid from its Parkersburg, West Virginia plant that allegedly contaminated local water supplies

Read the entire Reuters article here.

Sponsored Recommendations

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

The Art of Dryer Sizing

Read how to size compressed air dryers with these tips and simple calculations and correction factors from air system specialists.