How ASX small cap SciDev is riding the 'forever chemicals' cleanup wave
Australian state governments are ramping up pressure on companies to treat sites contaminated with forever chemicals. SciDev is at the forefront of the clean-up effort.
With the Australian government considering suing US company 3M for inventing a group of dangerous chemicals that are ubiquitous in consumer and industrial products, pressure is mounting on companies to clean up their contaminated sites.
Per and polyfluoroalkyl substances (PFAS) are a group of 15,000 synthetic chemicals that earned the moniker “forever chemicals” because they bioaccumulate in living organisms and do not break down in the environment.
Mounting medical evidence indicates that PFAS contamination in water supplies is associated with a range of health impacts including immune response suppression, thyroid conditions, fatty liver disease, and interfering with the metabolic and endocrine systems.
The World Health Organisation last December declared two of the most commonly-used types, PFOS and PFOA, as being either carcinogenic or potentially carcinogenic in humans.
