{"url_path":"/sec/cc/8-k/2026-06-24/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-24","source_url":"https://www.sec.gov/Archives/edgar/data/1627223/0001627223-26-000017-index.html","accession_number":"0001627223-26-000017","cik":"0001627223","ticker":"CC","issuer_name":"Chemours Co","edgar_url":"https://www.sec.gov/Archives/edgar/data/1627223/0001627223-26-000017-index.html","primary_entity_key":"0001627223","primary_entity_name":"Chemours Co"},"word_count":333,"has_tables":true,"body_markdown":"Item 1.01 Entry into a Material Definitive Agreement.\n\nOn June 23, 2026, The Chemours Company (“Chemours”) agreed to a proposed Consent Decree with the United States Environmental Protection Agency (the “EPA”) and the West Virginia Department of Environmental Protection (the “WVDEP”) to resolve claims asserted by the EPA and the WVDEP with respect to PFAS emissions and other alleged activities at certain Chemours facilities, including the Washington Works, Fayetteville Works and Chambers Works facilities (the “Settlement”).\n\n \n\nPursuant to the Settlement, Chemours has agreed to pay a civil penalty in the amount of $22.5 million, payable in three consecutive annual installments, beginning within 30 days of the approval of the Consent Decree containing the Settlement by the United States District Court for the Southern District of West Virginia. In addition, over the next 15 years, Chemours will dedicate $90 million to the funding of additional mitigation projects to further reduce PFAS emissions from its facilities or projects to provide alternative drinking water relief. Chemours will also perform certain program and site-related actions specified in the Consent Decree, including the expansion of Chemours’ off-site drinking water projects in West Virginia, Ohio and New Jersey. The Company expects the expansion of the off-site drinking water programs will result in an increase to its existing environmental reserves.\n\n \n\nIn connection with the Settlement, Chemours has also resolved, for less than $1 million, litigation brought by the West Virginia Rivers Coalition in 2024 under the Clean Water Act with respect to discharges at Chemours’ Washington Works facility.\n\n \n\nThe terms of the Settlement remain subject to notice and comment in accordance with applicable federal regulations, as well as court approval. The Settlement is not in any way an admission of liability or fault by Chemours.\n\n \n\nThe foregoing descriptions of the Consent Decree and the Settlement do not purport to be complete and are qualified in their entirety by reference to the full text of the Consent Decree, which is filed hereto as Exhibit 10.1 and is incorporated herein by reference."}