Item 8.01. Other Events.
As previously disclosed in the Company's SEC filings, 3M Belgium has been working through certain regulatory matters with relevant government agencies in connection with its operations at its Zwijndrecht facility, including safety measures relating to PFAS emissions. 3M Belgium's Zwijndrecht facility manufactures both PFAS containing and non-PFAS containing products, and the PFAS products manufactured in Zwijndrecht are scheduled to be discontinued by the end of 2025, as part of the Company's previously-announced exit from all PFAS manufacturing by the end of 2025. Following the announcement of 3M's exit from all PFAS manufacturing, financial results regarding PFAS products manufactured at the Zwijndrecht facility and elsewhere have been reflected as an adjustment in arriving at 3M's results, adjusted for special items.
As an update, 3M Belgium recently self-reported data related to its PFAS manufacturing processes at the Zwijndrecht facility to relevant Flemish regulatory authorities pursuant to the emissions safety measure. While 3M Belgium continues to engage with the authorities, it has, for now, idled all PFAS manufacturing processes at its Zwijndrecht facility. Other manufacturing processes for non-PFAS products continue in Zwijndrecht at this time. This development, and any further developments involving the facility, could have a significant adverse impact on 3M Belgium's normal operations and the Company's businesses that receive products and other materials from the facility, some of which may not be available or in similar quantities from other 3M facilities, which could in turn impact these businesses' ability to fulfill supply obligations to their customers. Due to uncertainties surrounding the duration and extent of the idling of the affected manufacturing processes at the Zwijndrecht facility, among other factors, the Company is unable to predict the ultimate scope and extent of any negative impact to the Company's operations.
3M Belgium is evaluating whether there are options to restart the idled PFAS manufacturing processes and other options to further accelerate the discontinuance of all PFAS manufacturing at its Zwijndrecht facility.
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3M Company published this content on 25 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 September 2023 10:07:24 UTC.