Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B
Green Car Congress
AUGUST 17, 2023
Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Earlier post.) Earlier post.)
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