Key Developments

In April 2024, Turkey initiates a safeguard investigation concerning ethyl acetate
In the year 2022, Viridis Chemical made a significant announcement by successfully achieving the first-ever production of renewable ethyl acetate.
In January 2021, Ineos Group Ltd., a prominent chemicals company headquartered in the United Kingdom, completed a substantial acquisition deal worth USD 5 billion. The acquisition involved the purchase of BP plc's Aromatics & Acetyls business, a company operating in the petrochemical sector. This strategic move by Ineos was aimed at bolstering its existing product portfolio in the areas of petrochemicals, aromatics, and acetyls, while also expanding its market presence.
In March 2021, Celanese Corporation made an exciting announcement regarding its chemical production facility located in Clear Lake, Texas. The company revealed its plans to adopt a more sustainable approach by utilizing recycled carbon dioxide (CO2) as an alternative feedstock for the production of methanol.

Ethyl Acetate Market Report Snapshots