Acetic Acid Global Market to 2020 New Report
Rapid industrial growth in China and technological progress are currently driving the global chemicals industry. Emerging technologies are offering promising opportunities for growth and manufacturers of acetic acid are increasingly updating their processes from older technologies such as the methanol carbonylation process to next-generation technologies like BP's Cativa and Celanese's AO-plus (Acid Optimisation Plus) which offer significant savings in variable costs, lower capital costs for the construction of new plants and increased capacity.
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