Continental Carbonic Products, Inc. Plans to Build Liquid CO2/Dry Ice Plant Near Denison, Iowa
DECATUR, Illinois June 14, 2018 – Continental Carbonic Products, Inc. (CCPI), a subsidiary of Matheson Tri-Gas, Inc., has announced that it plans to build a liquid CO2/dry ice manufacturing facility just outside Denison, Iowa. The plant will rely on a supply agreement with The Andersons Denison Ethanol, LLC, for the supply of carbon dioxide (CO2), the input product required to create dry ice.
The plant would be Continental Carbonic’s first location in the state of Iowa and their 50th location in North America. The company is also the nation's largest distributor of dry ice “blast cleaning” equipment. Dry ice has a number of uses in industries including food distribution, medical and scientific research, and R&D.
Continental Carbonic has enjoyed significant growth in its core business of producing and delivering high quality dry ice to its customers. CCPI’s Denison facility will allow for continued growth and employ more than 40 full-time workers when running at full production.
John Funk, President of Continental Carbonic Products, Inc., shared the following statement:
“The Andersons, Inc. is exactly the type of high quality, high integrity strategic partner Continental Carbonic looks for when we expand our business. We have enjoyed a strong relationship with The Andersons starting with our long-term agreement to purchase CO2 from its ethanol plant in Albion, Michigan and continuing with our agreement to buy CO2 from its Greenville, Ohio plant. Ethanol plants operated by The Andersons have had an outstanding record of operating safely and reliably.”
About Continental Carbonic Products, Inc.
CCPI, a wholly owned subsidiary of Matheson Tri-Gas, Inc., is a leading producer of dry ice and liquid carbon dioxide and is headquartered in Decatur, Illinois. CCPI presently has 13 dry ice manufacturing facilities and 36 distribution locations. The Denison plant will be one of CCPI's largest plants in the Midwest and will serve existing and new customers. For more information, visit Continental Carbonic online at www.continentalcarbonic.com or call 217-428-2068.
About Matheson Tri-Gas, Inc.
MATHESON is a single source for industrial, welding and safety supplies, medical, specialty and electronic gases, gas handling equipment, high performance purification systems, engineering and gas management services, and on-site gas generation with a mission to deliver innovative solutions for global customer requirements. MATHESON is the largest subsidiary of the TAIYO NIPPON SANSO CORPORATION Group, one of the five largest suppliers of industrial, specialty, and electronics gases in the world. For more information, visit MATHESON at www.mathesongas.com.
About The Andersons, Inc.
The Andersons, Inc. is a diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Andersons Ethanol Group operates ethanol plants in Albion, Michigan; Clymers, Indiana; Greenville, Ohio; and Denison, Iowa. The four plants combined are capable of producing over 475 million gallons of ethanol annually. The group is also an investor in ELEMENT, LLC, a state-of-the-art bio-refinery currently under construction in Colwich, Kansas. For more information, please visitwww.andersonsinc.com.
Press Contacts:
Beth Sullivan
bsullivan@mathesongas.com
215-648-4026
Christine Scully
cscully@mathesongas.com
201-825-1331
