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    Decarbonisation

    LSB eyes full control of El Dorado CCS

    Written by Natalie Noor-Drugan


    LSB Industries, a US-based producer of ammonia and industrial chemicals, has agreed a deal with carbon capture developer Lapis Carbon Solutions to secure a pathway to full ownership of its El Dorado CCS project in Arkansas.

    The agreement sets out a staged investment structure with no upfront payment, with total consideration and remaining completion capital estimated at about $95m if all milestones are met.

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