Post on 20-Mar-2023
Glycerine Market and Downstream Applications of GlycerineRapolo HutabaratChairman
Yogyakarta, 24 March 2022
HEADLINE
APOLIN MILESTONES01
OLEOCHEMICAL EXPORT03
EXPORT DESTINATION04
USERS INDUSTRY05
OLEOCHEMICAL CAPACITY02
BASIS OF GLYCERINE APPLICATIONS06
GLYCERINE MARKET07
01. APOLIN Milestones
2010 2013 2015 2017 2019
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Musim MasPT. Soci MasPT. Sumi AsihPT. Nubika Jaya
6 members
1995
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Flora Sawita ChemindoPT. Musim MasPT. Soci MasPT. Sumi Asih
Established - 6 members
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Musim MasPT. Soci MasPT. Sumi AsihPT. Nubika JayaPT. Wilmar Nabati Indonesia
7 members
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Musim MasPT. Soci MasPT. Sumi AsihPT. Nubika JayaPT. Wilmar Nabati IndonesiaPT. Unilever Oleochemical Indonesia
8 members
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Musim MasPT. Soci MasPT. Sumi AsihPT. Nubika JayaPT. Wilmar Nabati IndonesiaPT. Unilever Oleochemical IndonesiaPT. Energi Sejahtera Mas
9 members
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Musim MasPT. Soci MasPT. Sumi AsihPT. Nubika JayaPT. Wilmar Nabati IndonesiaPT. Unilever Oleochemical IndonesiaPT. Energi Sejahtera MasPT. Apical Kao ChemicalsPT. Domas Agrointi Prima
11 members
2022
12 members
PT. Cisadane Raya ChemicalsPT. Ecogreen OleochemicalsPT. Musim MasPT. Soci MasPT. Sumi AsihPT. Nubika JayaPT. Wilmar Nabati IndonesiaPT. Unilever Oleochemical IndonesiaPT. Energi Sejahtera MasPT. Apical Kao ChemicalsPT. Domas Agrointi PrimaPT. Energi Oleo Persada
02. OLEOCHEMICAL Capacity
2016 2017 2018 2019 2020 2021
19 Company 19 Company 20 Company 21 Company 21 Company 22 Company
Fatty Acid 4.376.000 4.476.000 4.476.000 4.551.600 4.551.600 4.607.600
Fatty Alcohol 1.960.000 2.120.000 2.120.000 2.120.000 2.120.000 2.120.000
Glycerine 863.700 883.700 883.700 883.700 883.700 890.200
Methyl Ester 1.933.000 1.933.000 1.933.000 1.933.000 1.933.000 1.933.000
Soap Noodle 1.838.000 1.838.000 1.838.000 1.838.000 1.838.000 1.838.000
TOTAL INDONESIA 10.970.700 11.250.700 11.250.700 11.326.300 11.326.300 11.388.800
PRODUCT
03. OLEOCHEMICAL Export
2022Estimate
4,708 Million Tonnes
3.27
3.77
4.20
0.32
$2.10
$2.64
$4.42
$0.45
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
2019 2020 2021 2022
OLEOCHEMICAL EXPORT
WEIGHT (Million Tonnes) Value (USD Billion)
175 215
254
448
$241
$328 $292
$317
-
100
200
300
400
500
Jan-19 Jan-20 Jan-21 Jan-22
YoY
WEIGHT (Thousand Tonnes) Value (USD Million)
$239
$288
$563
484
581
662
$-
$100
$200
$300
$400
$500
$600
$700
2019 2020 2021
GLYCERINE EXPORT
Value (USD Million) Weight (Thousand Tonnes)
03. OLEOCHEMICAL Export
04. EXPORT Destination
0.22
1.33
0.40
0.210.13
0.72
0.240.23
1.37
0.55
0.27
0.15
0.89
0.280.29
1.60
0.59
0.27
0.15
1.01
0.26
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
1.80
Africa China EU India Middle East Other USA
- Weight (Million Tonnes) -
OLEOCHEMICAL
2019 2020 2021
04. EXPORT Destination
$0.12
$0.68
$0.32
$0.17 $0.08
$0.50
$0.21 $0.14
$0.80
$0.43
$0.21 $0.11
$0.68
$0.25 $0.22
$1.51
$0.71
$0.31
$0.15
$1.14
$0.35
$-
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
Africa China EU India Middle East Other USA
- Value (USD Billion) -
OLEOCHEMICAL
2019 2020 2021
04. EXPORT Destination
298
151
79
3052
3512
246
123
4831
5634
15
187
117
5239 36 26 19
China Other USA MiddleEast
EU India Africa
GLYCERINE - Weight (Thousand Tonnes) -
2021 2020 2019
$249
$133
$73
$23 $33 $36
$10
$110
$68
$29 $16
$27 $16
$8
$86
$63
$28 $20 $15 $13 $10
China Other USA MiddleEast
EU India Africa
GLYCERINE- Value (USD Million) -
2021 2020 2019
Detergent & Cleaner
52%
Antioxidant12%
Flavour & fragerance
8%
Food4%
Petroleum4%
Softener4%
Agricultural3%
Textil2%
Emulsifier2%
Etc.9%
Percentage
05. USERS Industry
12
Foods
◼ Solvent for preparation of concentrated flavor extracts from
natural products
◼ Texture improver and emulsifier in ice-cream
◼ Conditioner for wine gums, fondants, soft creams
◼ Emulsifiers in bread production (glycerol esters of acetic and
tartaric acids)
Cosmetics
◼ Emulsifier, moisturizer, and conditioning agent
◼ Creams, lotions, tooth pastes and dental mouthwashes, and
skin & hair care products
06. BASIS OF GLYCERINE Applications
13
Pharmaceuticals ◼ Cough syrup, expectorant, ointments
◼ Mild laxative in suppositories
◼ Softener in gelatin capsules
◼ Glycerol trinitrate → treatment for heart disease
Plastics, resins,
and cellophane
◼ Production of phthalic and maleic alkyd resins
◼ Moisturizer and plasticizer in cellulose films
◼ Polyether polyols of glycerol are polymerized
with diisocyanates to form flexible or rigid
polyurethane foams
06. BASIS OF GLYCERINE Applications
14
Tobacco ◼ Solvent, humidifier, and plasticizer in
tobacco
◼ Glycerol triacetate (triacetin) →
softener for cigarette filters
Others ◼ Hydraulic fluid formulations
◼ Inks and printing colors → to prolong
the self-life
◼ Humidifier, plasticizer, and lubricant
in paper industry
06. BASIS OF GLYCERINE Applications
15
Propylene
glycol
◼ Traditionally produced by propylene oxide
hydration
◼ Has similar properties with EG, but less toxic
◼ Colorless, odorless, tasteless
◼ Has humectant properties → moisturizer in
medicines, cosmetics, toothpastes, foods, and
tobacco products
◼ Has antibacterial properties → hand sanitizers,
antibacterial lotions, etc
Epichlorohydrin ◼ Traditionally synthesized from epoxidation of
allyl chloride
◼ As building block in the manufacture of epoxy
resins, elastomers, and synthetic glycerol
Glycerin’s Future Application
06. BASIS OF GLYCERINE Applications
16
Acrolein ◼ Lab scale → reaction of potassium bisulfate with
glycerin, dehydration of glycerin at 280 oC
◼ Preparation of acrylic acid, polyester resin,
polyurethane, propylene glycol, acrylonitrile
Renewable fuel & H2
production
◼ Renewable fuel → by cracking process to hydrocarbon
◼ Hydrogen → by reforming process
Eicosapentaenoic
acid (EPA); omega-3
fatty acid
◼ Common source: fish oil, microalgae, human breast
milk
◼ Can be synthesized from crude glycerin by enzymatic
process using Pythium irregulare (new research at
Virginia Polytechnic Institute)
Glycerin’s Future Application
06. BASIS OF GLYCERINE Applications
17
Glycerine Applications
15%
3%
9%
11%
12%
13%
37%
Others
Explosive
Tobacco
Polyurethanes
Food
Alkyd resin
Soap, cosmetic, pharm.
Source: The Changing World of Oleochemicals, Wolfgang Rupilius and Salmiah Ahmad
06. BASIS OF GLYCERINE Applications
Usage Percentage
44.7
5.6
3.23.6
4.2
0
1
2
3
4
5
6
2016-2017 2019-2020 2022-2023
GLYCERINE MARKET
SUPPLY CONSUMPTION
07. GLYCERINE Market
2021 reach U$ 3,2 Billion
2030 projected US 7,2 Billion
a. Supply and Consumption (Million Ton)
b. Market Value