# Clariant and India Glycols form joint venture for renewable EO derivatives

Clariant and India Glycols Limited announced a strategic partnership to establish a 51-49% joint venture in renewable ethylene oxide derivatives. India Glycols will contribute its renewable Bio-EO Derivative business, including a multipurpose production facility in India.

- Type: Partnership
- Announced: 2021-03-11
- Where: India
- Status: announced
- Products: renewable ethylene oxide derivatives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clariant](https://endata.com/companies/426.md) (partner)
- [India Glycols Limited](https://endata.com/companies/53778.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/03/11/2191619/0/en/clariant-ag-clariant-and-india-glycols-tap-into-green-renewables-megatrend-by-forming-joint-venture.html), 2021-03-11: "This opportunity to partner with India Glycols is an important step in Clariant's journey to strengthen our core portfolio, while adding value with sustainability."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.