01—Abstract
Summary
Summary of the 8-K filed September 10, 2026. Cited figures are marked; the original filing is the authoritative source.
On September 9, 2026, DuPont de Nemours, Inc. entered into a Settlement Agreement with The Chemours Company, Corteva, Inc. and EIDP, Inc., and the State of North Carolina, acting through its Attorney General, along with 11 local government and water authority plaintiffs.
The settlement resolves claims relating to PFAS and other emissions from the Fayetteville Works facility, as well as the State's claims of PFAS contamination unrelated to that facility, including contamination associated with aqueous film-forming foam (AFFF). The settlement remains subject to the entry of orders dismissing the covered claims. The settlement includes aggregate cash payments of $455 milliona to the plaintiffs, payable over 15 years and shared among the companies under the 2021 Memorandum of Understanding (MOU).
Of the total, $18 millionb is attributed to PFAS contamination unrelated to Fayetteville Works, of which no more than $14.4 million, approximately 3 percent, can be ascribed to AFFF. DuPont recorded a probable loss of about $125 million in the second quarter of 2026 within discontinued operations, reflecting the pre-tax net present value of its share of the payments before giving effect to Qnity Electronics Inc.'s obligation to reimburse 44 percent of that share. The companies also agreed to establish a $135 million reserve fund, accessible only if Chemours fails to perform its obligations under its 2019 Consent Order with the State.
They further agreed to value the settlement and future settlements at net present value as if payable in equal annual installments over 25 years, discounted at 8 percent, for MOU purposes. Because the New Jersey and North Carolina payments qualify for withdrawal from the MOU escrow account and exceed future escrow contribution obligations, all future escrow contributions, including the one due in September 2026, are considered satisfied.
02—Key points
Key Highlights
- Settlement with the State of North Carolina and 11 local entities resolves PFAS-related claims tied to Fayetteville Works and the State's broader PFAS and AFFF contamination claims.
- Aggregate cash payments total $455 million, payable over 15 years, shared among DuPont, Chemours and Corteva under the 2021 MOU.
- $18 million of the total is attributed to PFAS contamination unrelated to Fayetteville Works, of which no more than $14.4 million, approximately 3 percent, can be ascribed to AFFF.
- DuPont recorded a probable loss of about $125 million in Q2 2026 within discontinued operations, before Qnity Electronics' reimbursement of 44 percent of its share.
- A $135 million reserve fund is established, accessible only if Chemours fails to perform its 2019 Consent Order obligations with the State.
- Settlement payments are valued at net present value over 25 years at an 8 percent discount rate for MOU purposes, and future MOU escrow contributions, including the September 2026 contribution, are considered satisfied.
- The settlement remains subject to entry of orders dismissing the covered claims.
03—Questions
Frequently Asked Questions
What is the total cost of the North Carolina settlement to DuPont?
The filing states aggregate cash payments of $455 million to the plaintiffs over 15 years, shared among DuPont, Chemours and Corteva under the MOU. The filing gives DuPont's pre-tax share as a probable loss of about $125 million, recorded in Q2 2026 within discontinued operations, before Qnity Electronics' reimbursement of 44 percent of that share.
Does the settlement cover only the Fayetteville Works facility?
No. The settlement resolves claims relating to PFAS and other emissions from Fayetteville Works and also the State's claims of PFAS contamination unrelated to that facility, including contamination associated with AFFF. Of the total settlement, $18 million is attributed to the unrelated contamination.
What is the $135 million reserve fund and when would it be used?
The companies will establish a $135 million Reserve Fund, funded through self-guarantee, surety bond or similar instrument in line with the sharing percentages in the 2019 Letter Agreement. It is accessible only if Chemours fails to perform its obligations under its 2019 Consent Order with the State through the North Carolina Department of Environmental Quality.
Is the settlement final?
Not yet. The Settlement Agreement remains subject to the entry of orders dismissing the claims covered by it.
How does the settlement affect future MOU escrow contributions?
The companies agreed to value the settlement and potential future settlements at net present value as if payable in equal annual installments over 25 years, discounted at 8 percent. Because the New Jersey and North Carolina payments qualify for withdrawal from the MOU escrow account and exceed future contribution obligations, all future escrow contributions, including the one due in September 2026, are considered satisfied.
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