Formic Acid, also known as Methanoic in the IUPAC name, is a chemical occurs naturally in the environment and might even be found in ants. The word ‘Formic’ was derived from the Latin word for ant, which is ‘formic.’ The chemical can also be produced industrially by using methanol. It is equally the simplest form of carboxylic Acid you can find. The chemical is represented by the chemical formula H2CO2. This chemical is presented with 99% purity. Chemical Appearance Formic acid is a colorless liquid that emits a strong odor. The substance has a strong, pervasive odor. As a liquid, the chemical is miscible with water. It’s also miscible in other liquids like ether, acetone, methanol, and ethanol. It is slightly soluble in liquids such as benzene, xylene, and toluene.