Corteva Joins $875M PFAS Settlement in NJ, Taking $72M Hit Amid Historic Environmental Deal

Corteva, Inc. (NYSE:CTVA) is one of the best agriculture technology stocks to buy now. On August 4, 2025, they joined Chemours and DuPont in reaching a landmark settlement with New Jersey’s state government to resolve long-running PFAS (“forever chemicals”) contamination claims tied to four industrial sites. Under the agreement, the trio will pay $875 million over 25 years, with a present value of roughly $500 million before taxes.

Corteva’s share: approximately 14.5%, or about $72 million in present-value terms. Notably, $16.5 million of the total addresses PFAS contamination not linked to their own sites, such as firefighting foam usage statewide. The payments only begin no earlier than January 1, 2026, pending court approval and a public comment period.

This is the largest environmental settlement in New Jersey’s history. Alongside the $875M payment, the deal includes up to $1.2 billion in remediation funding, plus a $475M reserve fund secured by surety bonds to guard against potential bankruptcy of the companies involved.

Corteva is a global leader in agriculture technology, specializing in seed genetics, crop protection chemicals, and digital ag tools. Spun out of DowDuPont in 2019 and listed under ticker CTVA, the company employs advanced science to boost crop yields, resistance, and sustainability. Their portfolio spans hybrid seeds, herbicides, fungicides, and digital farming platforms, serving farmers in 110 countries.

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