3M and U.S. Environmental Protection Agency Announce Comprehensive Agreement

3M and U.S. Environmental Protection Agency Announce Comprehensive Agreement

3M and U.S. Environmental Protection Agency Announce Comprehensive Agreement for Cordova Region Drinking Water

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Agreement will support technology enhancements for area water quality, remedial action

ST. PAUL, Minn., Nov. 3, 2022 /PRNewswire/ -- 3M (NYSE: MMM) and the U.S. Environmental Protection Agency (EPA) have agreed on plans to address per- and polyfluoroalkyl substances (PFAS) in the Cordova region. Through the agreement, 3M will build on its work to address past PFAS manufacturing in the area and install new and innovative technologies at its Cordova site that will enhance the quality of water used in its operations.

"This agreement demonstrates the positive impact that engagement between regulators and 3M can have for communities, and we appreciate the EPA's work to reach this milestone," said John Banovetz, 3M Executive Vice President, Chief Technology Officer and Environmental Responsibility. "We are committed to continuing our work with community and government stakeholders to chart a path forward that uses science to manage our operations, create important products people rely on, and engage our communities."

Through the agreement:

Prior to the agreement, 3M initiated significant work to manage issues identified in the order for the Cordova and Quad Cities communities, including:

3M and EPA have had a useful dialogue on these issues dating back to 3M's previous announcement in its Q4 2019 earnings call. The proactive steps the company has taken since, with guidance from EPA, have helped inform this agreement and our path forward for the future.

Our continued engagement with the EPA will build on our strong existing foundation of progress and investment, and we are committed to keeping our communities and neighbors informed of our progress.

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