BASF SE (BAS.DE)
- Reuters
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. The money provided by the settlement, which must be approved by a federal judge, will help cities, towns and other public water systems remediate contamination of perfluoroalkyl and polyfluoroalkyl substances, or PFAS.
- GlobeNewswire
BASF Corporation enters class settlement with U.S. public water systems
FLORHAM PARK, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, BASF Corporation (“BASF”), the North American affiliate of BASF SE, agreed to a settlement with a nationwide class of public water systems that detected PFAS in their drinking water sources, which they allege to be associated with the use of Aqueous Film Forming Foam (“AFFF”) products. Some of the AFFF products at issue in the litigation were made using a surfactant produced by Ciba Specialty Chemicals (“Ciba”), which BASF acq
- Zacks
BASF (BASFY) to Expand Basoflux Production Capacity in Tarragona
BASF (BASFY) is expanding its Tarragona site to increase the production of innovative and sustainable Basoflux paraffin inhibitors.
