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Transesterification is used in the production of bio-diesels and polyesters. It means interesterification. For better clarification, there is a reaction between an ester of one alcohol and a second alcohol to form an ester of the second alcohol. The alcohol from the original ester as that of methyl acetate and ethyl alcohol turn to form ethyl acetate and methyl alcohol.

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Q: What do you mean by transestrification?
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