- CapEx: more than $200 million
- Jobs: 12 new direct, 521 retained
- Product: Carbon transport and sequestration
- Location: Donaldsonville, Ascension Parish / Capital Region
- Project overview:
- CF Industries will capture up to 2.2 million tons of CO2 per year, which will be moved through EnLink pipelines to ExxonMobil’s 125,000-acre underground storage facility in Vermillion Parish.
- Largest-of-its-kind commercial agreement could serve as business prototype for industrial-scale carbon capture and sequestration projects.
- Project has the potential to dramatically reduce CO2 emissions in Louisiana. Removing 2.2 million tons of CO2 is the equivalent of replacing 700,000 gasoline-powered cars with electric vehicles.
- Estimated Completion: 2025
- LED news release: Oct. 12, 2022
- Company website: CFIndustries.com, EnLink.com, ExxonMobil.com