The UK carbon dioxide (CO2) industry has struck a deal to ensure supplies to businesses, including those in the food processing sector, and avoid CO2 shortages.
CF Fertilisers (CFF), which produces 60% of the UK’s CO2 from its two plants in northern England, temporarily closed its plants last month due to the rapid rise in natural gas prices.
But CO2 suppliers have agreed to pay CFF, an indirect subsidiary of US company CF Industries, a manufacturer and distributor of agricultural fertilisers, a price for the CO2 it produces that will enable it to continue operating while global gas prices remain high.
Last month, the UK government agreed for exceptional, time-limited (three weeks) support for CF Fertilisers to get the company operational again.
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