news in October 16th, the Commission has approved the ethylene glycol futures project application, this means that the ethylene glycol futures from official listing is a step closer.
For the convenience of investors to understand the variety, our basic situation of ethylene glycol industry do a simple comb.
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Ethylene glycol is used to do what?
As an important and basic organic material, ethylene glycol is mainly used for the production of polyester fiber, unsaturated polyester resin, antifreeze, lubricants, plasticizers and explosives. In addition, can also be used in coating, photographic developer, brake fluid, ink and other industries. From a global perspective, more than 90% of ethylene glycol and PTA were used together with the synthesis of polyester products in China, more than 74% of the ethylene glycol was used in the production of polyester and polyester fiber.
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