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Stock impact report

Beer may lose its fizz as CO2 supplies go flat during pandemic [Reuters (UK)]

National Beverage Corp. (FIZZ) 
Last national beverage corp. earnings: 3/5 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: nationalbeverage.com/mission-vision
Company Research Source: Reuters
Beer may lose its fizz as CO2 supplies go flat during pandemic - Reuters 3 Min Read NEW YORK/LOS ANGELES (Reuters) - Dwindling supplies of carbon dioxide from ethanol plants is sparking concern about shortages of beer, soda and seltzer water - essentials for many quarantined Americans. Brewers and soft-drink makers use carbon dioxide, or CO2, for carbonation, which gives beer and soda fizz. Ethanol producers are a key provider of CO2 to the food industry, as they capture that gas as a byproduct of ethanol production and sell it in large quantities. But ethanol, which is blended into the nation’s gasoline supply, has seen production drop sharply due to the drop in gasoline demand as a result of the COVID-19 pandemic. Gasoline demand is down by more than 30% in the United States. The lack of ethanol output is disrupting this highly specialized corner of the food industry, as 34 of the 45 U.S. ethanol plants that sell CO2 have idled or cut production, said Renewable Fuels Association Chi Show less Read more
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