Carbon Dioxide (CO2) is both a high-profile greenhouse gas and a valuable market commodity for the US industrial gases industry. CO2 is found in naturally occurring underground structures (wells) or emitted from fossil fuel burning industrial plants as a byproduct where it is often vented into the atmosphere.
Crude CO2 is processed then supplied in three primary forms—gaseous, liquid, and dry ice solids—by way of pipeline and/or merchant channels to a wide variety of industries.
As more uses are found for CO2 in its traditional markets such as food and lasers, and more CO2 is needed in rapidly developing applications like Enhanced Oil Recovery (EOR), the market demand for CO2 is showing significant potential for growth in the near future. This report looks at the interesting developments in the US carbon dioxide market, particularly those affecting demand, and at the ways these developments and certain government policies affect sourcing.
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