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LSB Industries Announces Partnership to Capture and Sequester Over 450,000 MT of Carbon Annually

Deals & Cases
April 28, 2022
LSB Industries Announces Partnership to Capture and Sequester Over 450,000 MT of Carbon Annually Background Image
Deals & Cases
April 28, 2022

Vinson & Elkins advised LSB Industries, Inc. (“LSB”) in its agreement with Lapis Energy to develop a project to capture and permanently sequester CO2 at LSB’s El Dorado, Arkansas facility.

This is the first carbon capture and sequestration (“CCS”) project announced in the state of Arkansas and the third CCS project from ammonia production in the U.S.

The V&E corporate team was led by partner Danielle Patterson and associate Zach Parker. Also advising were partner Matt Dobbins and associate Kelly Rondinelli; partner David Cole and associate Ben Livni; and counsel Rajesh Patel and associate Marcus Martinez.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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