"Commodity chemicals" refers to basic chemicals that are produced in large quantities and widely traded in the market. These chemicals are often used as raw materials in various industries to make finished products. Full definition
Getting value out of carbon dioxide in the form of commodity chemicals or energy, without putting more energy in somewhere in the life cycle of the product, is extremely difficult. (scientificamerican.com)
However, there are also numerous opportunities in commodity chemical production. (science.sciencemag.org)
Researchers have discovered a new and more efficient method for converting the main components in natural gas into liquids that can be further refined into either common commodity chemicals or fuels. (sciencemag.org)