CF Industries (CF) Launches CO2 Sequestration at Donaldsonville Complex

CF Industries Holdings, Inc. (NYSE:CF) is one of the best farmland and agriculture stocks to buy according to billionaires. The company announced on July 14 that it has officially commenced carbon dioxide (CO2) sequestration operations at its Donaldsonville Complex in Louisiana. This marks the first major step towards the company’s decarbonization efforts.

CF Industries (CF) Launches CO2 Sequestration at Donaldsonville Complex

The newly operational facility is designed to capture and enable the permanent geological sequestration of up to 2 million metric tons of CO2 annually. This CO2 would otherwise have been released into the atmosphere from the ammonia production process.

ExxonMobil is the carbon capture and sequestration (CCS) partner for this project. The company is in charge of transporting and permanently storing the captured CO2. Initially, ExxonMobil is storing CO2 from the Donaldsonville Complex in permanent geological sites through enhanced oil recovery (EOR). EOR involves injecting CO2 into oil wells to extract more oil. Upon receiving applicable permits, ExxonMobil plans to transition to dedicated permanent geological storage, starting with its Rose CCS project. The US Environmental Protection Agency (EPA) issued a draft Class VI permit for the Rose project in July 2025, with final permits anticipated later in the year. The Rose project is one of several dedicated permanent storage sites ExxonMobil is developing along the Gulf Coast.

CF Industries Holdings, Inc. (NYSE:CF) is a leading global manufacturer of nitrogen fertilizers, including ammonia, urea, and ammonium nitrate products. The company operates cost-advantaged production facilities and an extensive distribution network across North America and Europe. CF Industries plays a critical role in supporting farmland productivity by supplying essential crop nutrients that enhance soil fertility and yield.

While we acknowledge the potential of CF to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CF and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Stocks to Buy Amid Gold Rally and 10 Penny Stocks That Will Skyrocket.

Disclosure: None. This article is originally published at Insider Monkey.