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Swiss chemical company Clariant AG forms JV with India Glycols


Swiss chemical company Clariant AG forms JV with India Glycols
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Synopsis
As per the terms of the agreement, India Glycols will contribute its renewable Bio-EO derivative business to the JV, which includes a multipurpose production facility including an alkoxylation plant located in Kashipur, Uttarakhand.
Clariant, spun off from pharmaceutical giant Sandoz in 1995, will be the dominant shareholder but the JV will be helmed by India Glycols CMD Uma Shankar Bhartia.
Swiss chemicals major Clariant AG has formed a 51:49 joint venture with Bhartia family-promoted
India Glycols to manufacture and market renewable ethylene oxide (EO) derivative products.
EO derivatives are a class of chemicals that have multiple industrial and consumer applications ranging from freezing agents and coolants for automobile engines to cosmetics. ....

Sri Lanka , Conrad Keijzer , Uma Shankar Bhartia , Clariant India Ltd , India Glycols , India Glycol , Clariant Ag , ஸ்ரீ லங்கா , உமா ஷங்கர் பாரதியா , கிளாரியண்ட் இந்தியா லிமிடெட் ,