Mono ethylene glycol Precursor of polymers
mONO eHYLENE GLYCOL AND INDUSTRY In plastics industry, MEG is an important precursor to a number of thermoplastic resins. It is widely used as a precursor of polyester fibers and resins. Polyethylene terephthalate (PET), which is used to make plastic bottles for carbonated beverages and water, is also used as a precursor. As a drying agent, it is used in the natural gas industry to remove water vapor from natural gas before processing. As a hydrate inhibitor, it is widely used to inhibit the formulation of natural gas hydrates (chlorates) in pipelines that transport natural gas from the gas remotely to the processing center. Becomes. It can also be recovered with natural gas and reused as an inhibitor. Global production and market share of monoethylene glycol The global monoethylene glycol (MEG) market is valued at $ 365.31 million in 2020 and will grow from 2020 to 2027, according to CAGR.…
Panorama chemicals
Panorama Global Trade Sdn Bhd is one of the advanced companies that produce and distribute chemicals , we produce and distribute vast chemicals from Malaysia to any country around world . We are glad to produce special chemicals which can be used in various industries , Within environment issues we glad to respect all rules which is into green chemicals , Our chemicals have fair standards which wont have no environment issues we will provide MSDS to our clients this is list of our chemicals and in new future we will have more chemicals to provide , Linear alkyl benzene Sodium lauryl sulfate Mono ethylene glycol die ethylene glycol Trie ethylene glycol Mono ethanol amine Acetic acid
What is global trade?
Global trade The simplest definition is international trade, which means the process of trading goods and products between two or more foreign markets. International trade allows countries to expand their markets and gain access to goods and services that might never be available in that country without international trade. As a result of international trade, markets become more competitive, which ultimately leads to more competitive pricing and cheaper goods for the consumer. International trade and foreign trade have been a fundamental factor in the emergence of the global economy. In international trade, supply and demand, and ultimately prices, are affected by global events, as a result of which global economic variables are defined and examined globally. For example, political change in Asia could lead to higher labor costs. This can increase the cost of producing an agricultural product, and increase the price of a product that a European consumer may…
What are the key takeaways of oil
Oil price and economy The oil industry is one of the most effective and largest industries in the world. In addition to being a major source of energy in today’s world, oil also plays an important role in determining the level of national power and international prestige of different countries. Benchmark U.S. crude oil prices dived into negative territory on Monday, due to a collapse in demand caused by the Corona virus pandemic and a lack of storage capacity for excess supply. While June futures contracts for WTI crude and prices for Brent crude remain positive at levels of over $20 per barrel, the pain for the oil prices may be far from over, given that transportation and industrial activity, which together account for more than 90% of crude oil demand, are likely to remain depressed in the near-term. Our analysis U.S Oil Consumption by Sector shows underlying numbers across…