Chem Fluid is a leading company in the commercialization of raw materials of chemical origin for the industry, representing and distributing important producers in the global market. In particular, one of the most important products that Chem Fluid handles are ethylene glycols, whose main precursor is ethylene oxide.

Ethylene oxide is a highly reactive and volatile chemical compound used as a key precursor in the production of various petrochemicals, including ethylene glycols. Due to its highly flammable nature, ethylene oxide must be handled with care and stored properly. Despite its risks, ethylene oxide is an indispensable raw material for the production of many chemicals and plastics.

Ethylene glycols are chemical compounds used in various applications, including the production of petrochemicals, plastics, and textiles. One of the most important ethylene glycols is monoethylene glycol (MEG), which is used in the production of polyesters and resins. The demand for MEG is high due to its use in the textile and plastic production industries.

International ethylene oxide prices are a critical factor in MEG pricing. Asia and the United States are the main markets for ethylene oxide and therefore have a significant impact on international MEG prices. Shale gas production in the US has led to increased production of ethylene, and therefore ethylene oxide and MEG, reducing its reliance on imports. On the other hand, demand in Asia has been driven by the growth of the textile industry and the production of plastics, which has led to increased competition for ethylene oxide and MEG in the region.

The United States is also a major producer and consumer of ethylene oxide and MEG, and its market position has been influenced by shale gas production in recent years. The abundance of natural gas in the United States has led to increased production of ethylene and therefore ethylene oxide and MEG, reducing its dependence on imports.

In conclusion, ethylene oxide is a key petrochemical in the production of ethylene glycols, and its price in international markets is influenced by various factors, from energy supply and demand to geopolitical situation and government regulations. For companies like Chem Fluid in Colombia, monitoring market trends and adopting a flexible and adaptable business strategy are essential to guarantee their profitability and success in an increasingly competitive market.