Jayant Agro enters into JVA for investing in Vithal Castor Polyols

30 Aug 2013

Jayant Agro Organics, India’s leading castor oil and castor based derivatives manufacturers, Mitsui Chemicals Inc, Japan and Itoh Oil Chemicals Company, Japan have together entered into a Joint Venture Agreement (JVA) for investing in the equity shares of Vithal Castor Polyols in the ratio 50:40:10 respectively. The joint venture will be focused on manufacturing Castor Oil based Polyols through Vithal Castor Polyols. The details of the project are being worked out.

Jayant Agro Organics is a 100% export oriented unit (EOU unit) and leading the castor based industry in India. The company has people with vast experience in castor oil and its derivatives manufacturing – delivering much more than molecules, converting the molecules to products for markets and turning ideas into solutions. Great solutions are the results of inspiration, hard work, dedication and team work.

Mitsui Chemicals’ business portfolio includes petrochemicals, basic chemicals, polyurethanes, functional polymeric materials, functional chemicals, and films & sheets.

Itoh Oil Chemicals Company, established in 1946, the leading castor oil speciality manufacturing company in Japan with products ranging from castor oil, its derivative and various speciality chemicals derived from castor oil.

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