Keep Your Promises DuPont is demanding answers of Chemours corporate leadership in the face of mounting liabilities for water contamination cases. The litigation against them is mounting over C8 or perfluorooctanoic acid that was detected in several Mid-Ohio Valley water supplies as the result of operations at DuPont Washington Works.
The Keep Your Promises group wants to know how Chemours, a DuPont spin-off designed to shoulder the liabilities, intends to pay for its obligations. Thousands of personal injury claims await trial. A local water district is demanding the restoration of their polluted well field. US EPA has set a new provisional health limit (perhaps without meaning to) when the agency released a statement this month instructing residents of Hoosick Falls, New York not to drink or cook with water containing C8 levels of 100 parts per trillion or more.
Keep Your Promises claims that Chemours issued $4 billion of new debt, was subsequently downgraded by Moody’s. The share price dove 80 percent.
In addition to the settlement of personal injury claims, DuPont is also on the hook for the ongoing maintenance of community water filtration systems, a $235 million medical monitoring program, and the ever so unlikely chance that they could be fined by regulatory agencies over the poisoning of the Ohio River.