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The US company 3M will pay $7.35 billion over nine years to settle lawsuits related to the use of PFAS chemicals in its products. The agreement will cover about 99% of current personal injury claims, Bloomberg reported. In 2026, the company will transfer $50 million, and no payments are planned in 2027. Following this news, 3M shares rose 1.7% in New York trading.

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The US company 3M will pay $7.35 billion over nine years to settle lawsuits related to the use of PFAS chemicals in its products. The agreement will cover about 99% of current personal injury claims, Bloomberg reported. In 2026, the company will transfer $50 million, and no payments are planned in 2027. Following this news, 3M shares rose 1.7% in New York trading.

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