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How industry is depending on carbon capture technology for climate goals

By Cassandra Garrison Aug 29 (Reuters) - Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara's YAR.OL Dutch operation from 2025 in what they say is a commercial breakthrough for the business. The joint venture founded by oil firms Equinor EQNR.OL , TotalEnergies TTEF.PA and Shell SHEL.L plans to inject CO2 from industrial plants into rock formations beneath the North Sea ocean floor.

Mexico's Cemex to sell Costa Rica, El Salvador operations for $335 mln

MEXICO CITY, Dec 29 (Reuters) - Mexican building materials company Cemex CEMEXCPO.MX said on Wednesday it would sell its operations in Costa Rica and El Salvador to Cementos Progreso Holdings, S.L. in a $335 million deal. The assets being sold include one fully integrated cement plant, one grinding station, seven ready-mix plants, an aggregate quarry and a distribution center in Costa Rica and a distribution center in El Salvador.


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