Chemical manufacturing company 3M agreed to settle multiple lawsuits with a $10.3 billion payout over the U.S. water supply being allegedly contaminated with “forever chemicals” contained in firefighting foam and other products, the company announced in a press release on Thursday.
Under the settlement, 3M will provide the payout over a 13-year period to both public water suppliers that have found traces of Per- and polyfluoroalkyl substances (PFAS) and other suppliers that “may detect PFAS at any level in the future.” The company did not admit liability in the settlement.
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