Fluor Inks MoU With Carbfix To Pursue Integrated Carbon Capture And Storage Solutions; Terms Not Revealed
Portfolio Pulse from Benzinga Newsdesk
Fluor Corporation (FLR) has signed a Memorandum of Understanding (MoU) with Carbfix to pursue integrated carbon capture and storage solutions. The partnership aims to minimize the impacts of climate change by decarbonizing industries with high greenhouse gas emissions, such as steel, aluminum, and cement. The MoU also allows the companies to pursue CO2 removal projects.
July 06, 2023 | 9:03 am
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Fluor's partnership with Carbfix to pursue carbon capture and storage solutions could potentially enhance its corporate image and open new business opportunities in the growing market of carbon capture technologies.
The partnership with Carbfix allows Fluor to enter the growing market of carbon capture technologies, which could potentially lead to new business opportunities. Additionally, this move aligns with global efforts to combat climate change, which could enhance Fluor's corporate image and potentially make its stock more attractive to environmentally conscious investors.
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