Alexander H. Tullo: 3M to Phase Out PFAS Production

c&en:

3M says it will end the manufacture of per- and polyfluoroalkyl substances (PFAS) and discontinue their use in its products by the end of 2025.

The move means that the conglomerate will cease producing all fluoropolymers, fluorinated fluids, and PFAS-based additives. Such products include polymers sold under the Dyneon name like polytetrafluoroethylene, polyvinylidene fluoride (PVDF), and fluoroelastomers.

Overall, 3M generates about $1.3 billion in sales and earns about $200 million annually from the sale of PFAS products. However, the business represents a relatively small part of its annual sales, which were $35.4 billion in 2021. With the exit, the company expects to accrue financial charges of $2.3 billion.