MONOETHYLENE GLYCOL MARKET ANALYSIS

Monoethylene Glycol Market, By Production Process (Gas-based, Naphtha-based, Coal-based, Methane-to-Olefins, Bio-based), By Application (Polyester Fiber, Polyethylene Terephthalate (PET) Resins, Polyethylene Terephthalate (PET) Film, Antifreeze, Others), By End-use Industry (Textile, Plastic & Packaging, Automotive, Others), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Global Monoethylene Glycol Market: Recent Developments

In January 2023, RHI Magnesita announced the acquisition of a majority stake in Jinan New Emei Industries Co. Ltd., a China-based refractory manufacturer. Acquisition will allow RHI Magnesita to expand its product line in steel flow control refractories and provide extra manufacturing capacity to increase refractory supply in China and the wider East Asia area.
In May 2022, Omya, Switzerland, acquired the distributor Prima Inter-Chem in Malaysia and Indonesia. Omya boosts and develops its ingredient and specialty chemicals distribution in these countries for the food, pharmaceutical, animal feed, and industrial markets. Omya is a global producer of industrial minerals mainly derived from calcium carbonate, Monoethylene Glycol , and perlite and a worldwide distributor of specialty chemicals.
In April 2022, Backtrace Holdings Ltd, – a world leader in Productizing Science, launched Particle Works, a spin-out of Monoethylene Glycol Microfluidics. The official launch of this new brand took place at the LNP Formulation and Process Development Summit in Boston, MA, from the 12th to the 14th of April 2022.