1PointFive Signs 25-Year Sequestration Agreement with CF Industries

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a subsidiary of Occidental, today announced the signing of a 25-year offtake agreement for approximately 2.3 million metric tons of carbon dioxide (CO2) per year from CF Industries’ and its joint venture partners JERA Co., Inc. and Mitsui & Co., Inc. recently announced Bluepoint low-carbon ammonia production facility in Ascension Parish, Louisiana. Under the agreement, CO2 captured from the facility will be transported and geologically stored at 1Point ...