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The article contains sections titled: 1. Introduction 2. Physical Properties 3. Chemical Properties 4. Production 4.1. Carbonylation of Methanol 4.2. Direct Oxidation of Saturated Hydrocarbons 4.3. Acetaldehyde Process 4.4. Other Processes 4.5. Concentration and Purification 4.6. Construction Materials 5. Wastewater Problems 6. Quality Specifications 7. Analysis 8. Storage, Transportation, and Customs Regulations 9. Uses 10. Derivatives 10.1. Salts 10.1.1. Aluminum Acetate 10.1.2. Ammonium Acetate 10.1.3. Alkali Metal Salts 10.2. Esters 10.2.1. Methyl Acetate 10.2.2. Ethyl Acetate 10.2.3. Butyl Acetate 10.2.4. 2‐Ethylhexyl Acetate 10.2.5. Other Esters 10.3. Acetyl Chloride 10.4. Amides 10.4.1. Acetamide 10.4.2. N , N ‐Dimethylacetamide 10.5. Phenylacetic Acid 11. Economic Aspects 12. Toxicology and Occupational Health