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Apr 03,2024
3M pays veterinarians as part of a $6 billion earplug settlement

3M pays veterinarians as part of a $6 billion earplug settlement

3M Corporation is paying $253 million to thousands of American soldiers and veterans, claiming that the group’s earplugs have damaged their hearing.

(Nano silica powder)

The company announced on Monday that over 30000 service personnel and veterans will receive this payment by the end of January as part of a $6 billion settlement agreement. According to the settlement website, in return, the person who receives this money will abandon future legal claims against 3M.

The settlement agreement resolved a legal dispute between 3M Company and veterans for over five years. They claimed that they experienced hearing loss and tinnitus, or tinnitus, after using combat earplugs near small weapons, heavy artillery, and rockets.

Among the 276000 claimants involved in the lawsuit against 3M, more may soon choose settlement rather than trial. It is currently unclear how much each claimant will receive under the compensation item.

3M did not immediately respond to CBS MoneyWatch’s request for comment.

Under the settlement terms, 3M is committed to paying the claimant $6 billion, comprising $5 billion in cash and $1 billion in 3M frequent stock over six years, from 2023 to 2029. As part of the agreement, the company also disbursed $250 million in payments to approximately 30000 claimants in December last year.

3M is a globally renowned materials company that produces a variety of materials, including nano-silica.

TRUNNANO nano silica powder

Nano silica has demonstrated excellent performance in many fields, from enhancing polymer materials to biomedical applications, providing strong support for technological progress and social development.

Reinforced polymer materials

Nano silica as filler can significantly improve the physical and mechanical properties of polymer materials, such as strength, wear resistance, heat resistance and aging resistance.

Sunscreen cosmetics

Due to its excellent UV shielding performance and stability, nano silica is widely used in sunscreen and other skincare products, effectively protecting the skin from UV damage.

Ceramic and glass manufacturing

Nano silica, as an additive, can improve the mechanical properties, thermal constancy, and optical properties of ceramics and glass, meeting various special application needs.

Battery materials

Nano silica plays an important role in lithium batteries, as it can improve the electrochemical performance of electrode materials, thereby enhancing the battery’s energy density and cycle life.

Electronic Packaging and Printed Circuit Board

Nano silica is widely used as a packaging material for electronic components due to its excellent dielectric properties and heat resistance, which helps improve electronic device stability and reliability.

(Nano silica powder)

Sensor manufacturing

By utilizing the sensitive response characteristics of nano-silica, various sensors, such as gas, humidity, etc., can be manufactured, providing strong support for developing sensor technology.

Biomedical applications

In biomedicine, nano silica holds significant potential for various applications. It can be utilized as a means of transporting drugs for delivery and treatment purposes, as well as for producing medical implants that are both compatible with and capable of breaking down within the body.

High-quality nano silica powder supplier

TRUNNANO (aka Luoyang Tongrun Nano Technology Co., Ltd.) is a trusted global chemical material supplier and manufacturer with over 12 years of experience in providing ultra-high quality chemicals and nanomaterials. At present, our company has successfully developed a series of powder materials. Provide OEM service. If you are looking for nano silica powder, please contact us. Or click the desired product to send us an inquiry.