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It
is a combustible liquid with a boiling point of
164 degrees C (329 degrees F), similar in its chemical
nature to cumene or gasoline. It is used as a modifier
in the manufacture of heat resistant ABS resins
with applications in the automotive and electrical
industries, for waterheaters, and household machinery.
From: http://www.phenolchemie.com/global/products/glo_pr_productmain.asp
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