Methanol, also called Methyl Alcohol, is an organic chemical produced mainly from Carbon Monoxide and Hydrogen. It can be used for diverse major utilizations. First, it can be a replacement for gasoline-based fuels, thanks to its low cost of production and low risk of combustion. Secondly, it is used as a solvent to produce various chemicals such as acrylic plastics, olefins, or organic aromatic compounds. Furthermore, it is also used as an anti-freeze agent and a denaturant in alcohols. Other applications include paints & coatings, pharmaceuticals, automotive, pesticides, and electronics.
Acrylic acid is generated from propylene, which is a byproduct of the production of gasoline and ethylene. The Acrylic Acid market is divided into several categories, the two mains being Acrylic Esters and Super Absorbent Polymers.
Acrylic Esters have various applications, including paints & coatings, textiles, plastics, and adhesives. SAP is used in the fabrication of sanitary and hygiene products, such as diapers or napkins.