[8-K] The Chemours Company Reports Material Event
Settlement overview. On 3 Aug 2025 Chemours, DuPont and Corteva entered a proposed Judicial Consent Order with New Jersey that would resolve all state PFAS and legacy-site contamination claims. The Companies will pay an aggregate $875 million in cash to the state, spread over 25 years starting no earlier than 1 Jan 2026; the total present value, discounted at 8%, is about $500 million. Chemours will fund 50%, DuPont 35.5% and Corteva 14.5%.
Funding & security. Site-specific Remediation Funding Sources will be backed by surety bonds, and DuPont/Corteva will establish a separate Reserve Fund (71%/29%) for future remediation. A parallel Insurance Proceeds MOU lets DuPont and Corteva purchase Chemours’ rights to $150 million of potential PFAS insurance recoveries; after repayment plus a fee, further proceeds are split 50/50. Chemours expects existing escrowed cash and the assigned insurance proceeds to cover its settlement payments through at least 2030.
Next steps & impact. The deal needs public notice, comment and court approval and contains no admission of liability. It reduces legal uncertainty and staggers cash outflows, but long-term PFAS exposure, possible additional remediation costs and regulatory shifts remain key risks, as outlined in the forward-looking-statement section.
Panoramica dell'accordo. Il 3 agosto 2025 Chemours, DuPont e Corteva hanno stipulato una proposta di Ordine Giudiziario Consensuale con il New Jersey che risolverebbe tutte le richieste statali relative alla contaminazione da PFAS e siti legacy. Le Società verseranno un importo complessivo di 875 milioni di dollari in contanti allo stato, distribuiti su 25 anni a partire non prima del 1° gennaio 2026; il valore attuale totale, scontato all'8%, è di circa 500 milioni di dollari. Chemours finanzierà il 50%, DuPont il 35,5% e Corteva il 14,5%.
Finanziamento e garanzie. Le fonti di finanziamento specifiche per la bonifica dei siti saranno garantite da polizze fideiussorie, e DuPont/Corteva istituiranno un Fondo di Riserva separato (71%/29%) per le future bonifiche. Un Memorandum d'intesa parallelo sulle Proventi Assicurativi consente a DuPont e Corteva di acquistare i diritti di Chemours su 150 milioni di dollari di potenziali recuperi assicurativi PFAS; dopo il rimborso più una commissione, ulteriori proventi saranno divisi al 50/50. Chemours prevede che la liquidità già vincolata in escrow e i proventi assicurativi assegnati copriranno i suoi pagamenti di accordo almeno fino al 2030.
Prossimi passi e impatti. L'accordo richiede una notifica pubblica, commenti e l'approvazione del tribunale e non implica alcuna ammissione di responsabilità. Riduce l'incertezza legale e distribuisce i flussi di cassa, ma l'esposizione a lungo termine ai PFAS, possibili costi aggiuntivi di bonifica e cambiamenti normativi rimangono rischi chiave, come evidenziato nella sezione delle dichiarazioni previsionali.
Resumen del acuerdo. El 3 de agosto de 2025, Chemours, DuPont y Corteva firmaron una propuesta de Orden Judicial Consentida con Nueva Jersey que resolvería todas las reclamaciones estatales relacionadas con la contaminación por PFAS y sitios históricos. Las Compañías pagarán un total agregado de 875 millones de dólares en efectivo al estado, distribuidos durante 25 años a partir de no antes del 1 de enero de 2026; el valor presente total, descontado al 8%, es aproximadamente 500 millones de dólares. Chemours financiará el 50%, DuPont el 35,5% y Corteva el 14,5%.
Financiamiento y garantías. Las fuentes de financiamiento específicas para la remediación de sitios estarán respaldadas por bonos de garantía, y DuPont/Corteva establecerán un Fondo de Reserva separado (71%/29%) para futuras remediaciones. Un Memorando de Entendimiento paralelo sobre Proceeds de Seguro permite a DuPont y Corteva comprar los derechos de Chemours sobre 150 millones de dólares en posibles recuperaciones de seguros PFAS; después del reembolso más una tarifa, los ingresos adicionales se dividirán 50/50. Chemours espera que el efectivo ya en custodia y los ingresos asignados del seguro cubran sus pagos del acuerdo al menos hasta 2030.
Próximos pasos e impacto. El acuerdo requiere aviso público, comentarios y aprobación judicial, y no implica admisión de responsabilidad. Reduce la incertidumbre legal y distribuye los flujos de efectivo, pero la exposición a largo plazo a PFAS, posibles costos adicionales de remediación y cambios regulatorios siguen siendo riesgos clave, como se detalla en la sección de declaraciones prospectivas.
합의 개요. 2025년 8월 3일, 케모어스(Chemours), 듀폰(DuPont), 코르테바(Corteva)는 뉴저지 주와 제안된 사법 동의 명령(Judicial Consent Order)을 체결하여 주 내 PFAS 및 기존 오염 부지 관련 모든 청구를 해결하기로 했습니다. 회사들은 2026년 1월 1일 이후부터 25년에 걸쳐 주에 총 8억 7,500만 달러를 현금으로 지급할 예정이며, 8% 할인율을 적용한 현재 가치는 약 5억 달러입니다. 케모어스가 50%, 듀폰이 35.5%, 코르테바가 14.5%를 부담합니다.
자금 조달 및 보증. 부지별 정화 자금 출처는 보증 채권으로 뒷받침되며, 듀폰과 코르테바는 향후 정화를 위한 별도의 준비금(71%/29%)을 설정합니다. 병행하는 보험 수익 양해각서(MOU)를 통해 듀폰과 코르테바는 케모어스의 PFAS 보험 청구권 1억 5,000만 달러를 구매할 수 있으며, 상환 및 수수료 후 추가 수익은 50/50으로 나눕니다. 케모어스는 기존 에스크로 현금과 배정된 보험 수익으로 최소 2030년까지 합의금 지급을 충당할 것으로 예상합니다.
다음 단계 및 영향. 이 거래는 공개 통지, 의견 수렴 및 법원 승인이 필요하며, 책임 인정은 포함하지 않습니다. 법적 불확실성을 줄이고 현금 유출을 분산하지만, 장기 PFAS 노출, 추가 정화 비용 가능성, 규제 변화는 여전히 주요 위험 요소로, 전망 진술 섹션에 자세히 설명되어 있습니다.
Résumé du règlement. Le 3 août 2025, Chemours, DuPont et Corteva ont conclu un projet d'Ordonnance Judiciaire Consentante avec le New Jersey qui réglerait toutes les réclamations étatiques liées à la contamination par les PFAS et les sites historiques. Les sociétés verseront un montant global de 875 millions de dollars en espèces à l'État, réparti sur 25 ans à compter d'au plus tôt le 1er janvier 2026 ; la valeur actuelle totale, actualisée à 8 %, est d'environ 500 millions de dollars. Chemours financera 50%, DuPont 35,5 % et Corteva 14,5 %.
Financement et garanties. Les sources de financement spécifiques à la remise en état des sites seront garanties par des cautions, et DuPont/Corteva établiront un Fonds de Réserve séparé (71 %/29 %) pour les futures remédiations. Un protocole d'accord parallèle sur les produits d'assurance permet à DuPont et Corteva d'acheter les droits de Chemours sur 150 millions de dollars de potentielles récupérations d'assurance PFAS ; après remboursement plus une commission, les produits supplémentaires sont partagés à parts égales. Chemours prévoit que les liquidités déjà séquestrées et les produits d'assurance affectés couvriront ses paiements au titre du règlement au moins jusqu'en 2030.
Étapes suivantes et impact. L'accord nécessite une notification publique, des commentaires et une approbation judiciaire, et ne constitue pas une reconnaissance de responsabilité. Il réduit l'incertitude juridique et étale les sorties de trésorerie, mais l'exposition à long terme aux PFAS, les coûts supplémentaires potentiels de remédiation et les évolutions réglementaires restent des risques clés, comme détaillé dans la section des déclarations prospectives.
Übersicht zur Einigung. Am 3. August 2025 haben Chemours, DuPont und Corteva eine vorgeschlagene gerichtliche Einverständnisverfügung mit New Jersey abgeschlossen, die alle staatlichen PFAS- und Altlastenansprüche regelt. Die Unternehmen zahlen insgesamt 875 Millionen US-Dollar in bar an den Staat, verteilt über 25 Jahre ab frühestens dem 1. Januar 2026; der Barwert, abgezinst mit 8 %, beträgt etwa 500 Millionen US-Dollar. Chemours übernimmt 50%, DuPont 35,5% und Corteva 14,5%.
Finanzierung & Sicherheit. Standortbezogene Sanierungsfinanzierungen werden durch Bürgschaften abgesichert, und DuPont/Corteva richten einen separaten Rücklagefonds (71%/29%) für zukünftige Sanierungen ein. Ein paralleles Memorandum of Understanding zu Versicherungserlösen ermöglicht DuPont und Corteva den Kauf von Chemours’ Rechten an 150 Millionen US-Dollar potenzieller PFAS-Versicherungsansprüche; nach Rückzahlung plus Gebühr werden weitere Erlöse 50/50 geteilt. Chemours erwartet, dass bestehende Treuhandgelder und zugewiesene Versicherungserlöse seine Zahlungen bis mindestens 2030 abdecken.
Nächste Schritte & Auswirkungen. Die Vereinbarung bedarf der öffentlichen Bekanntmachung, Kommentierung und gerichtlichen Genehmigung und enthält keine Haftungsanerkennung. Sie verringert rechtliche Unsicherheiten und verteilt die Auszahlungen, jedoch bleiben langfristige PFAS-Exposition, mögliche zusätzliche Sanierungskosten und regulatorische Änderungen wesentliche Risiken, wie im Abschnitt mit zukunftsgerichteten Aussagen erläutert.
- Legal clarity: Settlement definitively resolves all existing New Jersey PFAS and legacy-site claims.
- Manageable cash impact: Chemours’ share (~$250 m PV) is spread over 25 years, easing liquidity pressure.
- Insurance funding: Sale of $150 m in insurance proceeds plus escrowed cash expected to cover payments through 2030.
- Material cash obligation: Undiscounted Chemours share is $437.5 m, a sizeable long-term outflow.
- Continued exposure: Settlement does not address federal or other state PFAS suits; future liabilities remain uncertain.
- Conditional approval: Deal still requires public comment and court sign-off; terms could change.
Insights
TL;DR: Settlement caps NJ risk but adds $250 m PV outflow; overall credit-neutral.
The agreement crystallises Chemours’ New Jersey PFAS exposure at roughly $250 m PV, payable over a long 25-year horizon, limiting near-term cash strain. Insurance monetisation and escrowed funds further de-risk liquidity. Surety-bond structures shift some remediation uncertainty to third-party guarantors, yet the company still faces nationwide PFAS litigation and potential regulatory tightening. Because the cash cost is manageable relative to CC’s $1.5 bn 2024 EBITDA and removes a major legal overhang, I view the filing as credit-neutral to mildly positive.
Panoramica dell'accordo. Il 3 agosto 2025 Chemours, DuPont e Corteva hanno stipulato una proposta di Ordine Giudiziario Consensuale con il New Jersey che risolverebbe tutte le richieste statali relative alla contaminazione da PFAS e siti legacy. Le Società verseranno un importo complessivo di 875 milioni di dollari in contanti allo stato, distribuiti su 25 anni a partire non prima del 1° gennaio 2026; il valore attuale totale, scontato all'8%, è di circa 500 milioni di dollari. Chemours finanzierà il 50%, DuPont il 35,5% e Corteva il 14,5%.
Finanziamento e garanzie. Le fonti di finanziamento specifiche per la bonifica dei siti saranno garantite da polizze fideiussorie, e DuPont/Corteva istituiranno un Fondo di Riserva separato (71%/29%) per le future bonifiche. Un Memorandum d'intesa parallelo sulle Proventi Assicurativi consente a DuPont e Corteva di acquistare i diritti di Chemours su 150 milioni di dollari di potenziali recuperi assicurativi PFAS; dopo il rimborso più una commissione, ulteriori proventi saranno divisi al 50/50. Chemours prevede che la liquidità già vincolata in escrow e i proventi assicurativi assegnati copriranno i suoi pagamenti di accordo almeno fino al 2030.
Prossimi passi e impatti. L'accordo richiede una notifica pubblica, commenti e l'approvazione del tribunale e non implica alcuna ammissione di responsabilità. Riduce l'incertezza legale e distribuisce i flussi di cassa, ma l'esposizione a lungo termine ai PFAS, possibili costi aggiuntivi di bonifica e cambiamenti normativi rimangono rischi chiave, come evidenziato nella sezione delle dichiarazioni previsionali.
Resumen del acuerdo. El 3 de agosto de 2025, Chemours, DuPont y Corteva firmaron una propuesta de Orden Judicial Consentida con Nueva Jersey que resolvería todas las reclamaciones estatales relacionadas con la contaminación por PFAS y sitios históricos. Las Compañías pagarán un total agregado de 875 millones de dólares en efectivo al estado, distribuidos durante 25 años a partir de no antes del 1 de enero de 2026; el valor presente total, descontado al 8%, es aproximadamente 500 millones de dólares. Chemours financiará el 50%, DuPont el 35,5% y Corteva el 14,5%.
Financiamiento y garantías. Las fuentes de financiamiento específicas para la remediación de sitios estarán respaldadas por bonos de garantía, y DuPont/Corteva establecerán un Fondo de Reserva separado (71%/29%) para futuras remediaciones. Un Memorando de Entendimiento paralelo sobre Proceeds de Seguro permite a DuPont y Corteva comprar los derechos de Chemours sobre 150 millones de dólares en posibles recuperaciones de seguros PFAS; después del reembolso más una tarifa, los ingresos adicionales se dividirán 50/50. Chemours espera que el efectivo ya en custodia y los ingresos asignados del seguro cubran sus pagos del acuerdo al menos hasta 2030.
Próximos pasos e impacto. El acuerdo requiere aviso público, comentarios y aprobación judicial, y no implica admisión de responsabilidad. Reduce la incertidumbre legal y distribuye los flujos de efectivo, pero la exposición a largo plazo a PFAS, posibles costos adicionales de remediación y cambios regulatorios siguen siendo riesgos clave, como se detalla en la sección de declaraciones prospectivas.
합의 개요. 2025년 8월 3일, 케모어스(Chemours), 듀폰(DuPont), 코르테바(Corteva)는 뉴저지 주와 제안된 사법 동의 명령(Judicial Consent Order)을 체결하여 주 내 PFAS 및 기존 오염 부지 관련 모든 청구를 해결하기로 했습니다. 회사들은 2026년 1월 1일 이후부터 25년에 걸쳐 주에 총 8억 7,500만 달러를 현금으로 지급할 예정이며, 8% 할인율을 적용한 현재 가치는 약 5억 달러입니다. 케모어스가 50%, 듀폰이 35.5%, 코르테바가 14.5%를 부담합니다.
자금 조달 및 보증. 부지별 정화 자금 출처는 보증 채권으로 뒷받침되며, 듀폰과 코르테바는 향후 정화를 위한 별도의 준비금(71%/29%)을 설정합니다. 병행하는 보험 수익 양해각서(MOU)를 통해 듀폰과 코르테바는 케모어스의 PFAS 보험 청구권 1억 5,000만 달러를 구매할 수 있으며, 상환 및 수수료 후 추가 수익은 50/50으로 나눕니다. 케모어스는 기존 에스크로 현금과 배정된 보험 수익으로 최소 2030년까지 합의금 지급을 충당할 것으로 예상합니다.
다음 단계 및 영향. 이 거래는 공개 통지, 의견 수렴 및 법원 승인이 필요하며, 책임 인정은 포함하지 않습니다. 법적 불확실성을 줄이고 현금 유출을 분산하지만, 장기 PFAS 노출, 추가 정화 비용 가능성, 규제 변화는 여전히 주요 위험 요소로, 전망 진술 섹션에 자세히 설명되어 있습니다.
Résumé du règlement. Le 3 août 2025, Chemours, DuPont et Corteva ont conclu un projet d'Ordonnance Judiciaire Consentante avec le New Jersey qui réglerait toutes les réclamations étatiques liées à la contamination par les PFAS et les sites historiques. Les sociétés verseront un montant global de 875 millions de dollars en espèces à l'État, réparti sur 25 ans à compter d'au plus tôt le 1er janvier 2026 ; la valeur actuelle totale, actualisée à 8 %, est d'environ 500 millions de dollars. Chemours financera 50%, DuPont 35,5 % et Corteva 14,5 %.
Financement et garanties. Les sources de financement spécifiques à la remise en état des sites seront garanties par des cautions, et DuPont/Corteva établiront un Fonds de Réserve séparé (71 %/29 %) pour les futures remédiations. Un protocole d'accord parallèle sur les produits d'assurance permet à DuPont et Corteva d'acheter les droits de Chemours sur 150 millions de dollars de potentielles récupérations d'assurance PFAS ; après remboursement plus une commission, les produits supplémentaires sont partagés à parts égales. Chemours prévoit que les liquidités déjà séquestrées et les produits d'assurance affectés couvriront ses paiements au titre du règlement au moins jusqu'en 2030.
Étapes suivantes et impact. L'accord nécessite une notification publique, des commentaires et une approbation judiciaire, et ne constitue pas une reconnaissance de responsabilité. Il réduit l'incertitude juridique et étale les sorties de trésorerie, mais l'exposition à long terme aux PFAS, les coûts supplémentaires potentiels de remédiation et les évolutions réglementaires restent des risques clés, comme détaillé dans la section des déclarations prospectives.
Übersicht zur Einigung. Am 3. August 2025 haben Chemours, DuPont und Corteva eine vorgeschlagene gerichtliche Einverständnisverfügung mit New Jersey abgeschlossen, die alle staatlichen PFAS- und Altlastenansprüche regelt. Die Unternehmen zahlen insgesamt 875 Millionen US-Dollar in bar an den Staat, verteilt über 25 Jahre ab frühestens dem 1. Januar 2026; der Barwert, abgezinst mit 8 %, beträgt etwa 500 Millionen US-Dollar. Chemours übernimmt 50%, DuPont 35,5% und Corteva 14,5%.
Finanzierung & Sicherheit. Standortbezogene Sanierungsfinanzierungen werden durch Bürgschaften abgesichert, und DuPont/Corteva richten einen separaten Rücklagefonds (71%/29%) für zukünftige Sanierungen ein. Ein paralleles Memorandum of Understanding zu Versicherungserlösen ermöglicht DuPont und Corteva den Kauf von Chemours’ Rechten an 150 Millionen US-Dollar potenzieller PFAS-Versicherungsansprüche; nach Rückzahlung plus Gebühr werden weitere Erlöse 50/50 geteilt. Chemours erwartet, dass bestehende Treuhandgelder und zugewiesene Versicherungserlöse seine Zahlungen bis mindestens 2030 abdecken.
Nächste Schritte & Auswirkungen. Die Vereinbarung bedarf der öffentlichen Bekanntmachung, Kommentierung und gerichtlichen Genehmigung und enthält keine Haftungsanerkennung. Sie verringert rechtliche Unsicherheiten und verteilt die Auszahlungen, jedoch bleiben langfristige PFAS-Exposition, mögliche zusätzliche Sanierungskosten und regulatorische Änderungen wesentliche Risiken, wie im Abschnitt mit zukunftsgerichteten Aussagen erläutert.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
August 4, 2025 (
Date of Report (Date of Earliest Event Reported)
(Exact Name of Registrant as Specified in Its Charter)
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer | ||
| Of Incorporation) | File Number) | Identification No.) |
(Address of principal executive offices)
Registrant’s telephone number, including
area code: (
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Exchange on Which Registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ¨ |
| Item 1.01 | Entry into a Material Definitive Agreement. |
On August 3, 2025, The Chemours Company (“Chemours”), Corteva, Inc. and its subsidiary EIDP Inc. (formerly known as E. I. du Pont de Nemours and Company and together with its parent, Corteva Inc., referred to as “Corteva”) and DuPont de Nemours, Inc. (“DuPont” and together with Chemours and Corteva, the “Companies”) agreed to a proposed Judicial Consent Order with the State of New Jersey to comprehensively resolve all pending environmental and other claims by the State of New Jersey against the Companies in various litigation matters and other state directives (the “Settlement”). The Settlement will resolve all legacy contamination claims related to the companies’ current and former operating sites (Chambers Works, Parlin, Pompton Lakes and Repauno) and claims of statewide PFAS contamination unrelated to those sites, including from the use of aqueous film forming foam (AFFF).
The Settlement includes an aggregate cash payment to the State of New Jersey in the amount of $875 million, payable over a 25-year period beginning within 30 days of the date of entry of the Judicial Consent Order (the “JCO”), which will be no earlier than January 1, 2026. The pre-tax total present value of the settlement payments is approximately $500 million, based on the 8% discount rate set forth in the JCO.
Consistent with the January 2021 Memorandum of Understanding between the parties (“MOU”), Chemours will be responsible for 50% of settlement payments, DuPont will be responsible for 35.5% of settlement payments, and Corteva will be responsible for the remaining 14.5% of settlement payments.
The Settlement also establishes a process for determining the amount of the Remediation Funding Source (“RFS”) at the four current and former operating sites and the initial range for each, as well as other mechanisms to secure future remediation at the sites. The RFS will be secured by a surety bond or similar instrument. In addition, DuPont and Corteva will establish a Reserve Fund, also through a surety bond or similar instrument, to serve as further financial security, separate from and secondary to the RFS. DuPont will be responsible for 71% of the Reserve Fund and Corteva will be responsible for 29% of the Reserve Fund. The Reserve Fund will be accessible only under certain qualifying conditions detailed in the Settlement.
The terms of the Settlement remain subject to notice and comment in accordance with New Jersey law, as well as court approval. The Settlement is not in any way an admission of liability or fault by Chemours or the other Companies.
Additionally, on August 3, 2025, the Companies entered into a PFAS insurance proceeds memorandum of understanding (the “Insurance Proceeds MOU”). Pursuant to the Insurance Proceeds MOU, and contingent upon approval of the JCO, DuPont and Corteva will purchase from Chemours its rights to $150 million of potential insurance proceeds related to PFAS claims. After DuPont and Corteva have recovered the $150 million assigned by Chemours, plus a fee, Chemours will be entitled to its 50% share of further insurance recoveries. Chemours expects the assigned insurance proceeds and existing restricted cash on its balance sheet held in the MOU escrow account to fully fund its payment obligations under the NJ settlement through at least 2030.
The foregoing descriptions of the JCO and the Insurance Proceeds MOU do not purport to be complete and are qualified in their entirety by reference to the full text of the JCO and the Insurance Proceeds MOU which are filed hereto as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
| Item 8.01 | Other Events. |
On August 4, 2025, Chemours, DuPont and Corteva issued a joint press release announcing the matters described in this Current Report on Form 8-K. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Forward-Looking Statements
This Current Report on Form 8-K contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements are based on certain assumptions and expectations of future events that may not be accurate or realized and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “estimate,” “target,” similar expressions, and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about expected performance and impact of the cost sharing arrangement by and between Chemours, Corteva and DuPont related to future eligible PFAS liabilities. Factors that could cause or contribute to these differences include, but are not limited to: the achievement, terms and conditions of final agreements related to the cost sharing arrangement; the outcome of any pending or future litigation related to PFAS or PFOA, including personal injury claims and natural resource damages claims; the extent and cost of ongoing remediation obligations and potential future remediation obligations; changes in laws and regulations applicable to PFAS chemicals; the performance by each of the parties of their respective obligations under the cost sharing arrangement. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Further lists and descriptions of risks and uncertainties can be found in each of Chemours’, DuPont’s and Corteva’s respective annual report on Form 10-K for the year ended December 31, 2024, and each of Chemours’, Corteva’s and DuPont’s respective subsequent reports on Form 10-Q, Form 10-K and Form 8-K, the contents of which are not incorporated by reference into, nor do they form part of, this announcement. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on each of Chemours’, DuPont’s or Corteva’s respective consolidated financial condition, results of operations, credit rating or liquidity. None of Chemours, DuPont or Corteva assumes any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
10.1 Form of Judicial Consent Order, dated August 3, 2025 and Exhibit A*
10.2 PFAS Insurance Proceeds Memorandum of Understanding, dated August 3, 2025, by and among The Chemours Company, Corteva, Inc. and DuPont de Nemours, Inc.*
99.1 Press Release, dated August 4, 2025
104 Cover Page Interactive Data File (formatted as Inline XBRL).
| * | Annexes, schedules and/or exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted attachment to the SEC on a confidential basis upon request. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE CHEMOURS COMPANY | ||
| By: | /s/ Shane Hostetter | |
| Shane Hostetter | ||
| Senior Vice President, Chief Financial Officer | ||
| Date: | August 4, 2025 | |
FAQ
What is the total value of the New Jersey PFAS settlement announced by Chemours (CC)?
How much of the settlement cost will Chemours be responsible for?
Over what period will the settlement payments be made?
How will Chemours fund its share of the settlement?
Does this agreement eliminate all PFAS liabilities for Chemours?
What approvals are still needed before the settlement is final?
