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ExxonMobil and Nucor join CCS agreement

Carbon capture and storage business is booming for the giant Metal Tech News - June 9, 2023

ExxonMobil's latest carbon capture and storage (CCS) agreement is with one of North America's largest steel producers, Nucor Corp.

North Carolina-based Nucor produces steel products that go into industrial and domestic goods such as automobiles, appliances, and heavy equipment.

Steelmaking, however, is an energy-intensive endeavor that accounts for roughly 7% of global carbon dioxide emissions.



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