Chemours Tells Investors It Has ‘Minor’ Role in PFAS Problems (1)

Nov. 5, 2019, 3:50 PM UTCUpdated: Nov. 5, 2019, 10:35 PM UTC

Chemours Co.'s contributions to a family of ubiquitous, persistent environmental contaminants are “negligible” and “minor,” the company told investors Nov. 5.

The company sought to define its role in a growing public health concern marked by contaminated drinking water supplies—and accompanying litigation—around the country. The family of chemicals, known as PFAS, or per- or polyfluoroalkyl substances, have created liability concerns for Chemours.

The company is on “solid financial footing,” according to a Chemours presentation released Nov. 5. But some investors have told Bloomberg Environment those liabilities could be big enough to destabilize the company.

Chemours is a “minor player” in ...

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