Clariant and India Glycols formed a joint venture.

Clariant, a focused, sustainable and innovative specialty chemical company, and India Glycols, a company in the manufacturing of green technology-based chemicals, formed a joint venture in renewable ethylene oxide (EO) derivatives. Financial terms were not disclosed. "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. It enhances the capacity of our Industrial and Consumer Specialties business in India and beyond, whereas the access to renewable Ethylene Oxide broadens our global offering to customers and this makes Clariant a leader in “green” Ethylene Oxide Derivatives," Conrad Keijzer, Clariant CEO.