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UK could provide financial support to CO2 producer By Reuters



© Reuters. A common view of the CF industries plant in Billingham, Britain September 20, 2021. REUTERS/Lee Smith

LONDON (Reuters) – Britain might have a look at offering some type of financial assist for the U.S. firm that gives 60% of its carbon dioxide, CF Industries (NYSE:), after it was hit by the surge in gasoline costs, enterprise minister Kwasi Kwarteng mentioned on Tuesday.

CF has halted its operations at two crops in Britain that produce CO2 as a byproduct of its most important enterprise, producing fertiliser.

Kwarteng met Tony Will, the top of CF, on Sunday. Requested by Occasions Radio if any resolution would contain the federal government giving monetary assist to get the system working once more, he replied: “It might do however there are different choices on the desk. We have to have a look at different sources of CO2 provide.”

He added that he had mentioned the difficulty with the finance minister on Monday.

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