Carbon TerraVault and National Cement Sign MOU for California's First Net Zero Cement Facility
Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced the signing of a Memorandum of Understanding1 (MOU) with National Cement Company of California Inc. (National Cement) to provide carbon management services for the “Lebec Net Zero” - a first-of-its-kind initiative to produce car ...