In an era marked by rising costs and business challenges, NHIA is pleased to announce that we have successfully negotiated a price freeze with BOC for Liquid Nitrogen and Dry Ice for the year 2024. This significant achievement highlights our commitment to proactively working with our suppliers to secure the best possible prices for our members in a competitive marketplace.
Please note that while this agreement excludes surcharges, these are not expected to change. Rest assured, NHIA remains dedicated to supporting our members and safeguarding their interests amidst fluctuating market conditions.
Dry Ice
Dry Ice supply has been reported as problematic because of a shortage of carbon dioxide (CO2).
Major supplier BOC said in a statement it was experiencing a "short-term CO2 supply shortage on the east coast of Australia". "This is due to supply interruptions from several local CO2 sources and issues impacting international freight for imported CO2 product."
BOC is also committed to increasing long-term carbon dioxide reliability and supply for its customers.
Over the past year, BOC has invested significantly in ISO container imports and enhancements to their local production capacity to provide a more reliable carbon dioxide supply. This includes a new $46 million production facility in Longford, Victoria which will have the capacity to produce 60,000 tonnes per annum of beverage-grade liquid carbon dioxide. This plant is expected to be operational later in 2024. BOC will keep NHIA updated as the situation evolves. Download the BOC Statement here.
Recent article for CO2 shortages can be found here:
For any queries contact Sara Merckel sara@nhia.org.au