COVID-19 still wreaking havoc on CO2 supplies

In Iowa, Gasworld reports that the impacts of COVID-19 on CO2 availability nationwide has shifted as time has moved on, first due to ethanol production shutdowns and more recently due to shutdowns of ammonia plants that produce CO2. When ethanol plants shut down this spring with the onset of the pandemic, demand fell in line with lower supplies, meaning that except for the West Coast, most demand could be filled. But now as the new normal brings industries back online, the lack of availability is hitting some businesses hard with the potential for bidding wars with CO2 already being sold at above $1,000 per ton. The Midwest is suffering the most at the moment with some challenges on the East Coast.