US-Pakistan Trade Agreement on Fatty Acid Esters
A new bilateral trade agreement between the US and Pakistan includes provisions to facilitate the import of mixtures of methyl esters of C16-C18 and C18 unsaturated fatty acids (CAS No. 67762-38-3) and methyl hexadecanoate (CAS No. 112-39-0) derived from coconut, palm-kernel, or palm oil for non-fuel uses.
2023-10-15
Impact: This agreement is expected to increase the volume of trade for these chemical compounds, potentially lowering costs for US buyers and boosting exports for Pakistani producers.
US Importers Seek Pakistani Suppliers for Fatty Acid Derivatives
Several US-based chemical companies have expressed interest in sourcing methyl esters and methyl palmitate from Pakistan, citing competitive pricing and quality of products derived from palm oil sources.
2023-09-20
Impact: This growing interest could lead to stronger trade ties and increased export opportunities for Pakistani manufacturers in the chemical sector.
Pakistan Expands Production of Fatty Acid Esters for US Market
Pakistani manufacturers have ramped up production of mixtures of methyl esters (CAS No. 67762-38-3) and methyl palmitate (CAS No. 112-39-0) to meet rising demand from the US for industrial applications other than fuel.
2023-08-05
Impact: The increased production capacity may lead to a surge in exports to the US, strengthening economic ties and benefiting both countries through enhanced trade.
