LSB Industries Reaches Agreement Establishing a Pathway to 100% Ownership of El Dorado CCS Project
OKLAHOMA CITY--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE: LXU) (“LSB” or “the Company”), today announced that it has reached an agreement with Lapis Carbon Solutions (“Lapis”) that establishes a strategic pathway for LSB to take full ownership of Project Blue, the carbon capture and sequestration (“CCS”) project currently underway at its El Dorado, Arkansas facility (“the Project”). “The opportunity to achieve full ownership of this project is an important strategic step for the Company,” sai.
LXU - LSB Industries, Inc.