CHEMICALS
MAJOR PRODUCTS TRADED
Monoethylene glycol (MEG) is a versatile chemical compound commonly used as an industrial antifreeze, coolant, and in the production of polyester fibers and resins.Monoethylene glycol (MEG) is a vital industrial chemical with diverse applications, including its use as a coolant and antifreeze in various industries such as automotive and HVAC systems. It is also a key component in the production of polyester fibers, resins, and a variety of plastic products. MEG's hygroscopic properties and low freezing point make it ideal for applications where the prevention of freezing or overheating is critical. Its role in the production of PET (polyethylene terephthalate) is especially significant, as PET is widely used in the manufacturing of bottles, containers, and synthetic fibers. The global MEG market is influenced by factors such as demand from end-user industries, feedstock availability, and economic conditions.
Urea is a nitrogen-rich compound commonly used in agriculture as a fertilizer, playing a vital role in promoting plant growth and increasing crop yields.Urea is a nitrogen-containing compound extensively used in agriculture as a high-nitrogen fertilizer. It is a crucial component in modern farming practices, providing plants with a readily available source of nitrogen for optimal growth and increased crop yields. Urea is typically applied to the soil or incorporated into fertilizers to meet the nutritional needs of various crops. The global urea market is influenced by factors such as agricultural practices, weather conditions, and the overall demand for food production, making it a key element in the global agriculture and chemical industries.