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Jayant Agro, Mitsui, and Itoh Oil Chemicals plan castor oil polyols JV

9:06 AM MDT | August 29, 2013 | Natasha Alperowicz

Jayant Agro-Organics (Mumbai), India’s leading castor oil and castor oil–based derivatives producer, has entered into a joint venture agreement with Mitsui Chemicals and Itoh Oil Chemicals (Yokkaichi, Japan) to manufacture castor oil–based polyols. Jayant will own 50% of Vithal Castor Polyols, with Mitsui and Itoh Oil holding 40% and 10%, respectively. The companies say they are currently developing the polyols project.   Itoh Oil is the leading castor oil specialty manufacturing company in Japan with products that include castor oil...

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