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