Chemours Co. will continue to pursue an appeal in its PFAS liabilities case against DuPont, despite DuPont’s focus on settling, Chemours’ president and CEO said Wednesday.
Chemours claimed its former parent, E.I. du Pont de Nemours & Co., saddled the company with millions of dollars in liabilities for cleaning up per- and polyfluoroalkyl substances, or PFAS, in the environment. A judge sent the companies to arbitration in March to resolve their conflict, but Chemours is appealing the opinion.
“We think we have very strong appeal points,” Mark Vergnano, Chemours’ president and chief executive officer, said during the company’s earnings call Wednesday.
DuPont is pushing for a settlement instead, the company’s executive chairman and chief executive officer, Edward Breen, said Tuesday.
PFAS chemicals have been used to manufacture nonstick and stain-resistant coatings in clothing, fast-food wrappers, carpets, and other consumer and industrial products.