C9232 is a typical emulsifier of emulsion liquid membrane and its main component, bis-succinimide, has amine functional groups which react with carboxylic acids. The average numbers of secondary amine groups and isobutylene units in the bis-succinimide were determined through elemental analysis. Acetic acid was extracted by emulsion liquid membrane with use of C9232, and we verified that C9232 was suitable for its extractant in the emulsion liquid membrane systems. Equilibrium experiments for reactive extraction of acetic acid by C9232 were carried out by varying the overall acetic acid concentration and overall C9232 concentration in liquid-liquid extraction systems. Also, an equilibrium model for the reactive extraction of acetic acid was investigated for the purpose of analyzing the emulsion liquid membrane systems for separation of acetic acid from other carboxylic acids or sugars in the future. The calculated results from the equilibrium model were in good agreement with the experimental data.