Ethylene Glycol Prices
Current Prices, Historical Series and Forecasts in Several Countries
Introduction. Intratec provides Ethylene Glycol prices in several countries, as follows:
About Ethylene Glycol. Ethylene Glycol (a.k.a. Monoethylene Glycol, MEG) is an organic compound, more specifically a diol (a chemical compound that contains two hydroxyl groups). It is a colorless, practically odorless, low viscosity, hygroscopic liquid at room temperature. It is in fact the simplest diol and a major chemical commodity, widely employed in the production of PET bottle-grade resins and polyesters fibers. Like other glycols, Ethylene Glycol undergoes reactions common to monohydric alcohols forming esters, acetals, ethers, and similar products.
Chemical Formula. C2H6O2
Commercial Grades. Fiber grade (min. 99.8% of purity); industrial grade (min. 99.5% of purity; antifreeze grade (min. 98% of purity)
Uses. Ethylene Glycol is a major chemical commodity, widely employed in the production of PET bottle-grade resins and polyesters fibers, used, in turn, in the manufacture of textiles, tire cords, video tapes, and soft drink and water containers. For such applications, Fiber Grade Ethylene Glycol is used, since high purity feedstock is necessary. Having the ability to lower the freezing point when mixed with water, Ethylene Glycol is also used as base compound of antifreeze/coolant formulations. It is employed, for example, in automobile radiators, solar energy units, heat pumps, water heating systems, and industrial cooling systems. Other applications of Ethylene Glycol are as humectant, plasticizer, softener, hydraulic fluid, and solvent.
- Ethylene + oxygen (oxidation/hydration)
- Ethylene oxide (hydration)
To know more about Ethylene Glycol production processes, click here.
Derivatives. Ethylene Glycol is used as raw material in the production of the following derivates: ethylene glycol diacetate; unsaturated polyester resins.
Methodology. The chemicals pricing data presented are, if not otherwise indicated, volume-weighted average transaction prices including contract and spot transactions in the locations specified. The information provided is obtained from gathering and refining of trade data officially reported for the respective countries (i.e., governmental agencies, institutions related to foreign trade and industry publications). For further details check our Chemicals Pricing Data Methodology.
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