3M evaluating options for PFAS manufacturing in Belgium By Reuters

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<span>© Reuters. FILE PHOTO: The 3M Global Headquarters in Maplewood, Minnesota, U.S. is photographed on March 4, 2020. REUTERS/Nicholas Pfosi/File Photo</span><br />
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<p>(Reuters) – 3M said on Monday it was looking at options to further accelerate the stoppage of manufacturing of PFAS chemicals at its Zwijndrecht facility in Belgium and warned of a likely hit due to the continued idling of the plant.</p>
<p>PFAS, or per- and polyfluoroalkyl substances, dubbed “forever chemicals” because they do not easily break down, are used in a range of products from firefighting foam to non-stick cookware, and have been linked to cancer and hormonal dysfunction.</p>
<p>In August, 3M secured preliminary approval for a $10.3 billion deal resolving claims by U.S. public water providers over pollution by PFAS.</p>
<p>While the non-PFAS manufacturing continues at the Belgian facility, PFAS has been idled. The idling, and any further developments, could have a “significant adverse impact” on 3M Belgium’s normal operations and its businesses that depend on the facility, the company said on Monday.</p>
<p>However, the 3M said it was unable to predict the extent of any negative impact to operations.</p>
<p>3M has outlined plans to exit from all PFAS manufacturing by the end of 2025. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/3m-evaluating-options-for-pfas-manufacturing-in-belgium-3181861">Source link </a></p><p>The post <a href="https://forextraderhub.com/3m-evaluating-options-for-pfas-manufacturing-in-belgium-by-reuters.html">3M evaluating options for PFAS manufacturing in Belgium By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>