Overall love the history, great for product knowledge. The finance info is okay and I suspect you’re going to get wicked good after doing other companies.
Interested on if chemours is liable. Does that mean DuPont as the original maker would also be liable as well? Obv I’m not a lawyer but I’m not sure about precedent yet for transferring liability.
That’s kinda what I thought as well. It’s going to be very interesting for liability. I’ve even seen general liability insurance doesn’t cover PFAS for businesses. DuPonts best days are behind them would be a high likely conclusion.
For the future, I just don’t know who is going to replace the innovation in materials technology. Is it all the fabs and battery factories or has most of the game changing materials needs been “solved” and it’s all commodity. So many good questions and uncertainty!
I think I tend to agree with the first part and DuPont.
As for the future I think there is still plenty of room for improvement in new materials and new applications across the board and it not being specific to semiconductors and batteries. Will the founders and investors behind the start-ups trying to commercialize this stuff be able to figure it out is the better question. Somehow there needs to be a mix of that inexperience and experience that doesn't result in pessimism.
My understanding is that there are environmental liabilities all over the place with all the bits and pieces that were once DuPont -- PFAS is only part of the story (a big part, though).
Overall love the history, great for product knowledge. The finance info is okay and I suspect you’re going to get wicked good after doing other companies.
Interested on if chemours is liable. Does that mean DuPont as the original maker would also be liable as well? Obv I’m not a lawyer but I’m not sure about precedent yet for transferring liability.
I believe both are liable and the courts do not see a distinction on the spinoff and risk being put into that singular company.
If someone else had fully bought DuPont I think the parent company would have been liable (see Monsanto and BASF).
That’s kinda what I thought as well. It’s going to be very interesting for liability. I’ve even seen general liability insurance doesn’t cover PFAS for businesses. DuPonts best days are behind them would be a high likely conclusion.
For the future, I just don’t know who is going to replace the innovation in materials technology. Is it all the fabs and battery factories or has most of the game changing materials needs been “solved” and it’s all commodity. So many good questions and uncertainty!
I think I tend to agree with the first part and DuPont.
As for the future I think there is still plenty of room for improvement in new materials and new applications across the board and it not being specific to semiconductors and batteries. Will the founders and investors behind the start-ups trying to commercialize this stuff be able to figure it out is the better question. Somehow there needs to be a mix of that inexperience and experience that doesn't result in pessimism.
My understanding is that there are environmental liabilities all over the place with all the bits and pieces that were once DuPont -- PFAS is only part of the story (a big part, though).
yeah, I think that's probably the case and DuPont isn't the only one with PFAS liabilities either.