Tata Chem acquires 35% in Singapore jatropha firm

Business Standard, 26 Nov 2008

Tata Chemicals, leading manufacturer of caustic soda and fertilisers in the country, said today that it had bought a 35 per cent stake in JOil Pte, a Singapore-based jatropha seedling company. The stake buy will help the firm gain exclusive marketing rights for technology to develop the best seed varieties of the plant, which yields biodiesel.

JOil, a joint venture of Temasek Life Sciences Laboratory and other investors, has developed the technology to produce seedlings, which gives standarised yield and consistent output from jatropha.

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Tata Chemicals buys 35% in Singapore’s JOil - The Economic Times, 26 Nov 08