Chemical manufacturer 3M to pay $10.3 billion over contamination of drinking water

South Africa News News

Chemical manufacturer 3M to pay $10.3 billion over contamination of drinking water
South Africa Latest News,South Africa Headlines
  • 📰 WashTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Chemical manufacturer 3M has announced it will pay $10.3 billion to resolve lawsuits by public drinking water providers over alleged contamination by its 'forever chemicals.'

The $10.3 billion would be paid to the water providers over the course of 13 years, helping to detect and clean up any “forever chemicals,” so called due to their longevity and lack of natural degradation, in water supplies.

Pollution of water by these chemicals has been linked to immune system damage, liver issues, developmental defects and some cancers. Many of the lawsuits stem from locations that have seen a lot of firefighting foam used in training, such as military bases or airports. The $10.3 billion settlement is the largest drinking water settlement in U.S. history, a lead attorney for the at least 16 plaintiffs in the suit against 3M said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WashTimes /  🏆 235. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

3M Agrees to pay over $10 billion to settle water pollution suits over ‘forever chemicals'3M Agrees to pay over $10 billion to settle water pollution suits over ‘forever chemicals'The compounds have been detected at varying levels in drinking water around the nation.
Read more »

3M stock rallies after $10.3 billion ‘forever chemical’ settlement offered3M stock rallies after $10.3 billion ‘forever chemical’ settlement offered3M Co. shares rallied in the extended session Thursday after the materials and chemicals company said it would pay $10.3 billion to settle claims it was...
Read more »

Cosmos blockchain Neutron sees $10M round led by Binance Labs, CoinFundCosmos blockchain Neutron sees $10M round led by Binance Labs, CoinFundICYMI: Cosmos blockchain Neutron reports $10 million funding round led by Binance Labs and CoinFund
Read more »

U.S. securities regulator hits top SPAC auditor with $10 mln fineU.S. securities regulator hits top SPAC auditor with $10 mln fineThe U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with a $10 million penalty for standards violations and systemic quality control failures in its audit work for hundreds of special purpose acquisition companies, or SPACs.
Read more »

Container Store Goes After $10 Billion Dorm Market With Dormify ShopsContainer Store Goes After $10 Billion Dorm Market With Dormify ShopsThe storage and organization retailer has teamed up with online seller Dormify to grab some of Bed Bath & Beyond's share of the back-to-school market.
Read more »

Container Store Goes After $10 Billion Dorm Market With Dormify ShopsContainer Store Goes After $10 Billion Dorm Market With Dormify ShopsThe demise of Bed Bath & Beyond left a big chunk of the $10 billion dorm room furnishings market up for grabs. The Container Store wants to capture some of that spending through an innovative partnership with social-media savvy online retailer Dormify.
Read more »



Render Time: 2025-03-02 23:23:08