Investegate |Clariant AG Announcements | Clariant AG: Claria

Investegate |Clariant AG Announcements | Clariant AG: Clariant and India Glycols successfully established joint venture for renewable ethylene oxide derivatives


To become one of the leaders in green ethylene oxide derivatives
Serve as a leading supplier of renewable materials
for home and personal care
Muttenz, July 1, 2021 – Clariant, a focused, sustainable and innovative specialty chemical company, and India Glycols Limited (IGL), a leading company in the manufacturing of green technology-based chemicals, today announced the successful creation of their 51-49% joint venture for renewable ethylene oxide (EO) derivatives after receiving all necessary regulatory approvals. The joint venture will operate under the name Clariant IGL Specialty Chemicals Private Limited.
“The successful closing of this joint venture strengthens our core portfolio and makes Clariant one of the leaders in green ethylene oxide derivatives. As part of our strategy, we are committed to adding value through sustainability. Our partnership with India Glycols will make us one of the leading surfactant suppliers in India, with a focus on renewable solutions for home and personal care”, said Conrad Keijzer, CEO of Clariant.

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