Epichlorohydrin can be defined as an epoxide compound in which one of the methyl hydrogens is replaced by chlorine. Epichlorohydrin is an organochlorine compound and is practically related to 1,2-epoxypropane. It is an unstable and combustible liquid that appears clear and colourless. It contains chlorinated cyclic ether with an unpleasant, chloroform-like odour that produces toxic fumes of hydrochloric acid, and when heated to decomposition, it releases chlorinated compounds. Epichlorohydrin is employed in the production of epoxy resins, artificial glycerin, and elastomers.
China is the leading producer, exporter, and consumer of epichlorohydrin globally. Other countries like South Korea, India, Taiwan, the United States, and Canada are some of the other countries that produce a large share of Epichlorohydrin in the global market.
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Key Details About the Epichlorohydrin Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Epichlorohydrin price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The epichlorohydrin price trend, including India Epichlorohydrin price, USA Epichlorohydrin price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Epichlorohydrin Price Trend:
Epichlorohydrin is a chlorinated epoxy compound primarily utilised in the production of glycerol and epoxy resins. It is also utilised in the production of elastomers, glycidyl ethers, cross-linked food starch, surfactants, plasticizers, and dyestuffs. In addition, this compound is used in various pharmaceutical products, oil emulsifiers, lubricants, and adhesives. As a solvent for resins, epichlorohydrin is used in gums, cellulose, esters, paints, and lacquers. Moreover, epichlorohydrin is used as a stabiliser in chlorine-containing substances such as rubber, pesticide formulations, and solvents, and in the paper and drug industries as an insect fumigant.
Key Players:
- Solvay S.A. Chemicals Company
- Zachem SA
- Samsung Fine Chemicals Company Limited
- Dow Chemical Company
- Sumitomo Chemical Company
- Aditya Birla Chemicals
News & Recent Development:
- March 01, 2023: Sinopec Corp, the energy plant based in China, has begun its USD 1.56 billion worth refinery upgradation in Northern China. The main objective behind this upgrade is to add the facility to manufacture epichlorohydrin, which is a chemical utilised in several downstream processes and other petrochemicals. In addition, this improvement will not only support the expansion of Sinopec’s manufacturing capacity but would also be advantageous to the region’s economy as it would generate jobs and boost the domestic industry. As per the company, the project will consist of 12 facilities, comprising 3 million TPA catalytic crackers, a 700,000 TPA gasoline hydrotreating unit, and a 100,000 TPA epichlorohydrin unit. The refinery is being built near Sinopec’s Shijiazhuang refinery in the province of Hebei. One of this upgrade’s critical chemical products would be used to produce cosmetics and higher-performance plastics.
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