CF Industries has entered into the largest-of-its-kind commercial agreement with ExxonMobil to capture and permanently store up to 2 million metric tons of carbon dioxide (CO2) emissions annually from its manufacturing complex in Louisiana.
CF Industries is investing $200 million to build a CO2 dehydration and compression unit at its Donaldsonville, Louisiana, facility to capture CO2 to be transported and stored by ExxonMobil in secure geologic storage the company owns in Vermilion Parish.
The 2 million metric tons of emissions captured annually will be equivalent to replacing approximately 700,000 gasoline-powered cars with electric vehicles.
Read more: A small community with a big role
