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Article: Dow and Denbury Sign Memorandum of Understanding for Industrial CO2 Capture.
- Article from:
- PR Newswire
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Project Re-directs Carbon Emissions to Enhanced Oil Recovery Operations
MIDLAND, Mich., Nov. 12 /PRNewswire-FirstCall/ -- The Dow Chemical Company (Dow) and Denbury Onshore, LLC (Denbury) announced today that the two companies have signed a memorandum of understanding to capture by-product carbon dioxide (CO2), a greenhouse gas (GHG), from Dow's ethylene oxide (EO) plant in Plaquemine, Louisiana. The project with Denbury is capital and cost-efficient for Dow and will significantly contribute to Dow's annual GHG reduction goal.
"Dow has publicly stated that by 2015, we will reduce GHG emissions by 2.5 percent per year per pound of product. This is the ...