Airgas Carbonic Signs Long-Term Liquid Carbon Dioxide Supply Agreement with
Fox River Valley Ethanol in Oshkosh, WI
RADNOR, Pa. -- September 16, 2013
Airgas, Inc. (NYSE: ARG) today announced that its subsidiary, Airgas Carbonic,
has signed a long-term agreement for the supply of liquid carbon dioxide
(CO) from Fox River Valley Ethanol’s recently acquired plant in Oshkosh,
WI. Under the terms of the agreement, Airgas Carbonic will market food and
beverage-grade liquid CO co-products from the plant, which is expected to
begin production in October and yield 250 tons per day of liquid CO.
“Airgas Carbonic has partnered with Fox River Valley Ethanol’s parent company,
Ace Ethanol, for the past decade to market the liquid CO co-product from
Ace’s ethanol plant in Stanley, Wisconsin, and we are excited to expand our
relationship to their new Oshkosh, Wisconsin, plant,” said Phil Filer,
President of Airgas Carbonic. “This additional supply source will further
strengthen our liquid CO network and provide enhanced supply reliability to
our food and beverage, as well as our industrial, bulk gas customers in the
“We are pleased to expand our long-standing relationship with Airgas Carbonic
through this new agreement,” said Neal Kemmet, President and General Manager,
Fox River Valley Ethanol. “Ethanol plants are an important source of liquid
CO in the Midwest, and we look forward to beginning production at our plant
in Oshkosh and providing the liquid CO co-product that will help serve the
needs of the many large users in the region.”
Airgas is a leading supplier of liquid CO in the United States through its
eight production plants and other sources that augment its production. The new
agreement represents Airgas’ third liquid CO source in Wisconsin, joining
its sources in Stanley and Jefferson.
About Airgas, Inc.
Airgas, Inc. (NYSE: ARG), through its subsidiaries, is one of the nation’s
leading suppliers of industrial, medical and specialty gases, and hardgoods,
such as welding equipment and related products. Airgas is a leading U.S.
producer of atmospheric gases with 16 air separation plants, a leading
producer of carbon dioxide, dry ice, and nitrous oxide, one of the largest
U.S. suppliers of safety products, and a leading U.S. supplier of
refrigerants, ammonia products, and process chemicals. More than 15,000
employees work in approximately 1,100 locations, including branches, retail
stores, gas fill plants, specialty gas labs, production facilities and
distribution centers. Airgas also markets its products and services through
e-Business, catalog and telesales channels. Its national scale and strong
local presence offer a competitive edge to its diversified customer base. For
more information, please visit www.airgas.com.
Investor & Media Contact:
Barry Strzelec, 610-902-6256
Joseph Marczely, 610-263-8277
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