PFAS chemicals: the ‘new asbestos’

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STOCKHOLM – A group of major financial investors has urged the chemical industry, a major supplier to the textile sector, to end production of PFAS ‘forever’ chemicals.

In a letter to the CEOs of the world’s 50 largest stock-listed chemical companies, the Investor Initiative on Hazardous Chemicals (IIHC), which represents over $10 trillion in assets under management or advice, called for production and use to be phased out.

STOCKHOLM – A group of major financial investors has urged the chemical industry, a major supplier to the textile sector, to end production of PFAS ‘forever’ chemicals.

In a letter to the CEOs of the world’s 50 largest stock-listed chemical companies, the Investor Initiative on Hazardous Chemicals (IIHC), which represents over $10 trillion in assets under management or advice, called for production and use to be phased out.

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