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Arkema SA Signs Joint Venture Agreement with Jayant Agro Organics Ltd

Thursday, 11 Apr 2013 02:45am EDT 

Arkema SA announced that it has signed a joint venture agreement with Jayant Agro Organics Ltd whereby Arkema SA will acquire a stake of some 25% in Ihsedu Agrochem, a subsidiary of Jayant Agro Organics Ltd, specializing in the production of castor oil. This joint venture aims to develop castor oil production in order to provide Arkema with long-term access to this raw material for the manufacture of its biosourced polyamides. The project should be finalized in the third quarter of fiscal year 2013. 

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