Louisiana's Ascension Parish is poised to house one of the world's largest low-carbon ammonia facilities following a $4 billion investment decision by CF Industries Holdings, JERA Co., and Mitsui & Co. The joint venture aims to produce low-carbon ammonia to meet growing global demand, with applications in fertilizer production, power generation, and marine transportation. Occidental Petroleum's 1PointFive will manage the CO2 captured during production, storing it at the Pelican Sequestration Hub also part of the FID. The facility, scheduled to commence operations in 2029, will have a significant capacity of 1.4 million metric tons annually, making it a key player in emissions reduction efforts. The partnership signifies a commitment to a sustainable ammonia value chain. 1PointFive's President highlighted the agreement as a validation of their CO2 management expertise, emphasizing the potential for job creation and economic advancement. The project's positive reception extends to state officials, with Louisiana's Economic Development Secretary lauding the investment as a catalyst for innovation and global recognition. With CF Industries to operate the facility and a focus on sustainable practices, the initiative is poised to make a significant impact in the energy and manufacturing sectors.