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CO2 Supply Agreement Reached between Pennsylvania Grain Processing, LLC and Continental Carbonic Products, Inc.

CO2 Supply Agreement Finalized

CO2 Supply Agreement Reached between Pennsylvania Grain Processing, LLC and Continental Carbonic Products, Inc.
 
DECATUR, Illinois and Clearfield, Pennsylvania, September 22, 2016 – Continental Carbonic Products, Inc. (CCPI), a subsidiary of Matheson Tri-Gas, Inc., announced that it has entered into an agreement with Pennsylvania Grain Processing, LLC (PGP) for the supply of carbon dioxide (CO2) from PGP’s Clearfield, PA grain processing plant. CCPI will be building a high capacity liquid CO2 and dry ice manufacturing facility adjacent to the PGP plant in Clearfield.
 
Continental Carbonic has enjoyed significant growth in its core business of producing and delivering high quality dry ice and liquid CO2 to its customers. CCPI’s Clearfield facility will allow for continued growth and employ more than 60 full-time workers when running at full production.These 60 new jobs are in addition to the 85 people PGP currently employs, bringing total direct employment to 145 at the repositioned industrial site.
 
“Continental Carbonic Products is a significant force in the U.S. dry ice market,” said Eric Meeuwsen, General Manager of PGP. “We are pleased to have them join us at our Clearfield grain processing plant, and look forward to advancing our common business interests, as well as contributing to the growth and prosperity of the Clearfield area. This growth illustrates another valuable product produced from the same grain processed to make clean-burning, high-octane, renewable ethanol.”
 
“Pennsylvania Grain Processing is exactly the type of high quality, high integrity strategic partner we look for when we expand our business,” said John Funk, President of Continental Carbonic. “They have had an outstanding record of operating safely, reliably and profitably. We also want to thank the Clearfield community and the Governor’s Action Team for their hard work providing the economic framework to make this project successful and for their warm welcome.”
 
Local officials stated that the city and county are equally enthusiastic about the project.
 
“City officials have always touted the benefits of having PGP as a corporate citizen in the Clearfield community,” explained Clearfield Mayor James Schell. “While working on this project, we have found that Continental Carbonic has demonstrated the same levels of professionalism and integrity that have made PGP a valued part of the community.”
 
“We definitely thank CCPI for bringing this opportunity to us,” stated Clearly Ahead Development CEO, Rob Swales. “We’ll continue to work diligently and do what we can to help ensure this opportunity becomes a reality.”
 

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 eight dry ice manufacturing facilities and 32 distribution locations east of the Rocky Mountains. The Clearfield plant will be one of CCPI's largest plants and will serve existing and new customers in the eastern US.  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 Pennsylvania Grain Processing, LLC
PGP is Pennsylvania’s only grain processor that produces ethanol, distillers grain and associated coproducts. It strives to support agriculture by purchasing grain and providing feed to livestock producers in the Central Pennsylvania region and beyond. PGP strives to develop renewable energy resources, helping to add value to the community and the agricultural industry in any way it can. PGP began operation in Clearfield, PA in 2012 and processes 40 million bushels of grain per year, producing 115


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