Jayant Agro Organics (JAOL) is expected to begin commercial production from
its JV company soon.
The JV - Ihsedu Speciality Chemicals - is likely to start commercial
production of Sebacic Acid, a complex value-added castor oil-based derivative.
The JV is likely to have a capacity to produce 8,000 tpa of sebacic acid.
JAOL has formed the JV company with Mitsui & Company in which former holds 76
per cent equity and the rest is with Mitsui.
Meanwhile, Ihsedu Agrochem, a wholly owned subsidiary of JAOL is expected to
commission cogeneration plant based on its by-product de-oiled cake at
Banaskantha in Gujarat.