IGL, Clariant complete setting up of renewable EO JV
The Hindu
India Glycols Ltd. (IGL), that manufactures green technology-based chemicals and Clariant, focused on specialty chemicals, said they had completed the setting up of their 49-51% joint venture for ren
India Glycols Ltd. (IGL), that manufactures green technology-based chemicals and Clariant, focused on specialty chemicals, said they had completed the setting up of their 49-51% joint venture for renewable ethylene oxide (EO) derivatives after receiving all necessary regulatory approvals. The JV will operate under the name Clariant IGL Specialty Chemicals Private Ltd. The JV combines IGL’s renewable bio-ethylene oxide derivatives business, that includes a multi-purpose production facility, including an alkoxylation plant located in Kashipur, Uttarakhand (India), with Clariant’s local industrial and consumer specialties business in India, Sri Lanka, Bangladesh and Nepal.
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