NSE News - Latest Corporate Announcements

Wednesday, February 12, 2014

Jayant Agro Organics: Bio-Polyol Plant JV

We have written before about the JV agreement between Jayant Agro and Mitsui Chemicals but there have been a recent development.. such as Mitsui chemical has closed some of its plants in Japan and other countries. 

Mitsui Chemicals has also signed a licensing agreement with Saudi Basic Industries Corporation (SABIC) for transfer of proprietary technology for MDI/TDI plant. (Link)

What I would like to point out is the "System Houses" that Mitsui Chemicals would like to service using Vithal Castor Polyols Pvt limited giving us an idea about Vithal Castor Polyol Pvt limited position in the scheme of things..

System Houses to be serviced by Vithal Castor Polyol Pvt limited:

Here is the complete document.
Jayant Agro Mitsui JV - Page 1

Jayant Agro Mitsui JV-Page 2

Conclusion: If we look at the big picture Jayant Agro Organics is nolonger a standalone entity .. it has built strong forward linkages with market leaders and set to lead the castor oil and castor oil derivatives market in India and worldwide.  

No comments: