BUZZ-Chemours reaches $450 million settlement with Justice Department; shares rise

Chemours Co.

Chemours Co.

CC

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** Shares of specialty chemicals maker Chemours Co CC.N rises 6% to $21.18

** The U.S. Department of Justice said Chemours has agreed to a $450 million settlement over the release of "forever chemicals" in West Virginia, North Carolina and New Jersey

** The multi-state settlement includes a $22.5 million civil penalty and $90 million in funding to control per- and polyfluoroalkyl substances, known as PFAS, discharges and remove the substances from drinking water

** Including session's moves, CC up 76.2% YTD


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