Tightening in supply or shortages of supply of carbon dioxide (CO2) have blighted some companies this year and impacted customers in the food and beverage industry.
CO2 is used widely in the food and beverage industry as a refrigerant and is also used in Modified Atmosphere Packaging (MAP) to improve shelf life and in carbonating drinks. Dry ice (solid CO2) has increasingly been used to keep food frozen during home delivery, a trend that has boomed during the coronavirus pandemic.
Demand for CO2 has risen, thanks partly to a growing trend for food home delivery, while plant shutdowns have impacted supply.
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