LSB Industries assumes full ownership of El Dorado CCS project from Lapis Carbon Solutions for ~$95M

LSB INDUSTRIES, INC.

Effective immediately, LSB takes over carbon capture project at El Dorado, AR facility from Lapis Carbon Solutions.
Total consideration and remaining completion capital estimated at ~$95 million, with portions contingent on milestone achievement.
Project aims to capture and sequester CO2 from ammonia production; financial impact not quantified.

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