1PointFive Signs 25-Year CO₂ Sequestration Deal with CF Industries for Louisiana Project

1PointFive, a subsidiary of Occidental, has signed a 25-year agreement to sequester approximately 2.3 million metric tons of carbon dioxide annually from CF Industries’ upcoming Bluepoint low-carbon ammonia facility in Ascension Parish, Louisiana. The captured CO₂ will be securely transported and stored at 1PointFive’s Pelican Sequestration Hub, which has reached final investment decision and is currently under development.

The deal underscores the critical role of carbon sequestration in supporting large-scale low-carbon industrial projects. The Pelican Hub, located along the U.S. Gulf Coast, is designed to geologically store CO₂ more than a mile underground and will build on Occidental’s decades-long expertise in carbon management, with experience storing up to 20 million tons of CO₂ per year.

CF Industries CEO Tony Will emphasized that having a proven sequestration partner was essential for the Bluepoint project, which will contribute to reducing emissions while supporting economic growth and high-quality job creation.

1PointFive is focused on carbon capture, utilization, and sequestration (CCUS) technologies and aims to support the global goal of limiting warming to 1.5°C. The company’s broader portfolio includes Carbon Engineering’s direct air capture and AIR TO FUELS™ technology.

More information about 1PointFive’s initiatives is available at [1PointFive.com](https://www.1pointfive.com).