UPDATE 1-Justice Department says Chemours agreed to $450 million settlement agreement

Chemours Co.

Chemours Co.

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- The U.S. Department of Justice said on Wednesday that The Chemours Company 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, according to the Department of Justice statement.

"This is the first comprehensive settlement by the federal government to resolve enforcement claims over pollution by a manufacturer of forever chemicals," the statement said.

According to the statement, the complaint alleges that three facilities operated by Chemours in West Virginia, North Carolina, and New Jersey discharged PFAS into three different rivers.