Description: Ethyl acetate is the organic compound with the formula CH3COOCH2CH3. This colorless liquid has a characteristic sweet smell and is used in glues, nail polish removers, and .Ethyl acetate is the ester of ethanol and acetic acid; it is manufactured on a large scale for use as a solvent. Application: Ethyl acetate is used primarily as a solvent and diluent , being favored because of its low cost, low toxicity, and agreeable odor. Laboratory uses Occurrence in wines Entomological Killing Agent.