BASF to pay $316 million to settle PFAS 'forever chemicals' US lawsuit
- German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public water systems that claimed toxic “forever chemicals” in firefighting foam made by the company contaminated their water supplies.
BASF said in a statement that the settlement does not constitute an admission of liability or wrongdoing, and that it will seek to recover for the settlement through its numerous insurance policies. The lawsuits focus on PFAS that contaminated groundwater after being sprayed in firefighting foams at fire houses and airports across the U.S.
“This significant agreement is in large part the result of the pressure of upcoming trial cases,” attorneys for the water systems at the law firms Douglas & London, Napoli Shkolnik, Baron & Budd and Motley Rice said in a joint statement on Tuesday.
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