3M to stop manufacturing PFAS
By MYBRANDBOOK
US’ consumer products giant 3M has announced that it will stop making and using perfluoroalkyl and polyfluoroalkyl substances, or PFAS, a pervasive class of long-lasting, hazardous chemicals that can cause health risks to millions of Americans, across its products by the end of 2025.
3M’s decision is based on careful consideration and a thorough evaluation of the evolving external landscape, including multiple factors such as accelerating regulatory trends focused on reducing or eliminating the presence of PFAS in the environment and changing stakeholder expectations.
3M stated that it will:
· Exit all PFAS manufacturing by the end of 2025: 3M will discontinue manufacturing all fluoropolymers, fluorinated fluids, and PFAS-based additive products. It will help facilitate an orderly transition for customers and intends to fulfil current contractual obligations during the transition period.
· Work to discontinue use of PFAS across the product portfolio by the end of 2025: The company has already reduced the use of PFAS over the past three years through ongoing research and development, and will continue to innovate new solutions for customers.
3M said it will continue to remediate PFAS and address litigation by defending ourselves in court or through negotiated resolutions, all as appropriate. PFAS are critical in the manufacture of many products that are important for modern life, including medical technologies, semiconductors, batteries, phones, automobiles, and airplanes.
3M Chairman and Chief Executive Officer Mike Roman said, “This is a moment that demands the kind of innovation 3M is known for. While PFAS can be safely made and used, we also see an opportunity to lead in a rapidly evolving external regulatory and business landscape to make the greatest impact for those we serve. This action is another example of how we are positioning 3M for continued sustainable growth by optimizing our portfolio, innovating for our customers, and delivering long-term value for our shareholders.”
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