1PointFive Signs 25-Year Sequestration Agreement with CF Industries

HOUSTON, April 08, 2025 (GLOBE NEWSWIRE) — 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 1PointFive’s Pelican Sequestration Hub, which has taken final investment decision and is moving through the development process.

The agreement demonstrates how 1PointFive’s U.S. Gulf Coast sequestration hubs can enable large-scale investments in the production of low-carbon products and help hard-to-decarbonize sectors address their emissions. Sequestration technology makes it possible to increase the value of natural gas, which can be used to produce ammonia with significantly lower carbon intensity when its CO₂ emissions are captured during the manufacturing process.

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Jeff Alvarez, President, 1PointFive Sequestration, said:"CF Industries' and its partners confidence in our Pelican Sequestration Hub is a validation of our expertise managing carbon dioxide and how we collaborate with industrial organizations to become their commercial sequestration partner. By working together, we can unlock the potential of American manufacturing and energy production, while advancing industries that deliver high-quality jobs and economic growth."

When operational, 1PointFive’s Pelican hub in Louisiana will include infrastructure to safely and economically sequester industrial emissions in geologic formations more than a mile underground. 1PointFive is leveraging Occidental’s more than 50 years of experience managing and durably storing up to 20 million tons of CO₂ per year.

Tony Will, President and Chief Executive Officer, CF Industries Holdings, Inc., said:"CF Industries and its partners are proud to have 1PointFive and Occidental provide carbon dioxide transport and sequestration for our Bluepoint low-carbon ammonia production facility in Louisiana. Having a proven carbon capture and sequestration partner was essential to enabling our industry-leading project and the manufacturing jobs it will create. We look forward to working with 1PointFive and Occidental as they build on their long and established track record of safely storing carbon dioxide."

About 1PointFive

1PointFive is a Carbon Capture, Utilization and Sequestration (CCUS) company that is working to help curb global temperature rise to 1.5°C through the deployment of decarbonization solutions, including Carbon Engineering’s Direct Air Capture and AIR TO FUELS™ solutions alongside geologic sequestration hubs. VisitAIR TO FUELS™ is a registered trademark of Carbon Engineering ULC.