Industry Analysis & Industry Trends
Carbon dioxide is a versatile gas that is used in a variety of processes and applications that take advantage of its main properties: reactivity, inertness and coldness. Carbon dioxide is produced as either a high-pressure cylinder gas, a relatively low-pressure refrigerated liquid or a solid form as dry ice. A number of its major uses are within the food and beverage industries, where it can be used to carbonate soft drinks, decaffeinate coffee, freeze food products and maintain ideal atmospheric conditions during the transportation of food or in food packaging. Therefore the performance of the Carbon Dioxide Production industry on a year-by-year basis often reflects developments within Australia's food and beverage sector... purchase to read more
Industry Report - Industry Investment Chapter
The Carbon Dioxide production industry has a high level of capital intensity with the industry spending an estimated $1.71 on labour for every $1.00 invested in new capital.
This reflects the technical processes, equipment and plants required in the recovery and production of carbon dioxide. It also reflects the level of capital tied up in supporting infrastructure such as cylinders and delivery trucks.
Furthermore, processes are automated where possible, which reduces the industry's reliance on labour and increase the industry's capital intensity. Progressive investments in labour-saving equipment increased capital intensity over the past five years... purchase to read more