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lng-and-the-co2-business-what-impact
lng-and-the-co2-business-what-impact

LNG and the CO2 business – What impact?

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The carbon dioxide (CO2) industry continues to evolve in the US and internationally. Specific to the US, the acquisition of EPCO Carbon Dioxide by Air Products and the further purchase of Continental Carbonic by MATHESON have largely taken out most of the independent network of CO2 supply to the markets.

What remains are a few regional independent suppliers, most of whom are not significant producers and suppliers of the commodity and largely remain only as resellers.

The gas companies at large in North America supplied CO2 to the frac trade for decades, until the rapid growth of hydraulic fracturing (fracking), at least to a high degree. Fracking has experienced numerous problems, beginning with environmental concerns and extending to performance-based issues, where again there is more CO2 being sold essentially as a waterless form of frac – and as a means of eliminating     problems often associated with such water-based techniques.

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