
In organic chemistry, Glycerolysis is the process of breaking a chemical bond with the use of glycerin. These reactions are often catalyzed by the addition of an acid or base. Glycerolysis is a special case of esterification or transesterification. The process may be used for synthesizing emulsifiers or lipophilic surfactants from simple esters, f...
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http://en.wikipedia.org/wiki/Glycerolysis

chemical decomposition resulting from the interaction of a compound and glycerol.
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https://www.infoplease.com/dictionary/glycerolysis
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