India' s leading castor oil and eastor based derivatives manufacturer, Mitsui Chemicals, Japan and Itoh Oil Chemicals, Japan have together entered into a joint venture (JV) agreement for investing in the equity shares of Vithal Castor Polyols in the ratio 50:40:10 respectively.
The joint venture will be focused on manufacturing castor oil based polyols through Vithal Castor Polyols. The details of the project are being worked out.
Shares of the company gained Rs 4.85, or 6.29%, to trade at Rs 81.90. The total volume of shares traded was 531 at the BSE (9.46 a.m., Friday).
The joint venture will be focused on manufacturing castor oil based polyols through Vithal Castor Polyols. The details of the project are being worked out.
Shares of the company gained Rs 4.85, or 6.29%, to trade at Rs 81.90. The total volume of shares traded was 531 at the BSE (9.46 a.m., Friday).
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