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CF Industries Announces Agreement with ExxonMobil for CO2 Transport and Sequestration

Jul 25, 2024•almost 2 years ago

Contract Type

agreement

NorthbrookEnergyOil And GasRenewable EnergyChemical Manufacturing

Description

CF Industries Holdings, Inc. has announced an agreement with ExxonMobil for the transport and sequestration of up to 500,000 metric tons CO2 annually, as part of a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex. The project aims to reduce the carbon dioxide emitted to the atmosphere from the facility and increase the availability of nitrogen products with a lower carbon intensity for customers.

Company Information

Company

CF Industries Holdings

Location

Northbrook, Illinois, United States

About

CF Industries Holdings, Inc. is a global leader in transforming natural gas into nitrogen. The company provides clean energy to feed and fuel the world sustainably, with a focus on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management.

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Agreement Insights

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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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