Corteva's Stock Climbs to 391st in Trading Volume Amid $875M PFAS Settlement Pact
On August 4, 2025, CortevaCTVA-- (CTVA) rose 1.05% with a trading volume of $280 million, ranking 391st in market activity. The stock’s performance coincided with a landmark settlement involving ChemoursCC--, DuPont, and Corteva to address environmental claims linked to PFAS chemicals in New Jersey.
The three companies agreed to pay $875 million over 25 years, with Corteva responsible for 14.5% of the present-value cost ($72 million). The settlement resolves claims tied to PFAS contamination at four operating sites and statewide issues, including aqueous film-forming foam. Additionally, DuPont and Corteva acquired Chemours’ rights to PFAS-related insurance proceeds for $150 million, creating a potential financial offset.
This agreement follows prior settlements, such as a $110 million resolution with Ohio in 2023 and a $1.19 billion deal with U.S. water providers. The recurring litigation underscores systemic risks for chemical firms, as PFAS-related liabilities grow amid stricter regulations. Corteva’s share of the New Jersey settlement, though smaller than past obligations, reflects ongoing pressure to manage legacy environmental costs.
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