LSB Industries has assumed full control of a carbon capture and sequestration project at its El Dorado, Arkansas facility. The company took over the project from Lapis Carbon Solutions, with total costs and remaining capital estimated at 95 million dollars. This strategic move consolidates the project's management and funding under LSB Industries. Part of the payment is contingent on meeting specific project milestones and completion activities, shifting the execution risk and potential rewards directly to the company.
