New Jersey announced a proposed $393 million settlement Wednesday with Solvay Specialty Polymers to remediate per- and polyfluoroalkyl substances (PFAS) contamination and to compensate the public for natural resource damages around the West Deptford Solvay facility in Gloucester County.

The proposed settlement was announced by New Jersey Attorney General Matthew J. Platkin and the state’s Commissioner of Environmental Protection, Shawn M. LaTourette, called the settlement the ”first of its kind.”