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'PFAS are the new asbestos; that is clear to us and increasingly to investors,' warned Sonja Haider, from ChemSec (Photo: Kevin Casper)

Forever chemicals will be the 'new asbestos', investors warn

In the wake of emerging litigation and strict regulation on so-called 'forever chemicals', there are growing worries among investors that the chemicals technically known as PFAS could be the 'new absestos'.

"Manufacturers and users of PFAS chemicals are exposed to deep liability and insurance risks, reminiscent of those historically linked to asbestos, which could materially adversely harm the long-term value of companies involved in their manufacture and sale," a group of investors war...

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Author Bio

Elena is EUobserver's Managing Editor. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.

'PFAS are the new asbestos; that is clear to us and increasingly to investors,' warned Sonja Haider, from ChemSec (Photo: Kevin Casper)

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Author Bio

Elena is EUobserver's Managing Editor. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.

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