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Genesis Fertilizers expands partnerships with CARBONCO and Whitecap to develop a proposed low carbon-intensity fertilizer plant

Newswire.ca - Tue Nov 5, 9:00AM CST

SASKATOON, SK, Nov. 5, 2024 /CNW/ - Genesis Fertilizers Limited Partnership ("Genesis Fertilizers") has solidified two strategic partnerships to further its vision of developing a low carbon-intensity fertilizer production facility. In collaboration with CARBONCO Pte. Ltd. ("CARBONCO"), a leading provider of decarbonization technology solutions and a subsidiary of DL E&C (KRX: 375500), and Whitecap Resources Inc. ("Whitecap"), a Canadian oil & liquids weighted growth company (TSX: WCP), Genesis Fertilizers plans to implement a cutting-edge carbon capture and sequestration (CCS) solution at its proposed facility in Belle Plaine, Saskatchewan, Canada.

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