Air Products announecs long-term agreement for CO2 liquid production Air Products announced the signing of a long-term agreement for the production of liquid CO2 with Big River Resources Boyceville. Air Products will operate a facility to produce 250 tons per day of liquid CO2 at Big River Resources' established ethanol plant in Boyceville, Wisconsin. Air Products will market food and beverage-grade liquid CO2 from the plant, which is expected to begin production in early 2014. Air Products has 13 liquid CO2 production plants in the U.S., and had recently announced another planned liquid CO2 agreement and facility with 400 tpd of production in Iowa.
Air Products upgraded at Credit Suisse As previously reported, Credit Suisse upgraded Air Products to Outperform from Neutral. The firm upgraded shares based on valuation and reiterates its $150 price target.