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Tata Chem acquires 35% in Singapore jatropha firm

Tata Chemicals has bought a 35% stake in JOil Pte, a Singapore 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. JOil, a joint venture of Temasek Life Sciences Laboratory has developed the tech to produce seedlings for standarised yield and consistent output. Tata will be setting up a tissue culture lab to study the commercial potential of the project.

Tags : jatropha jatropha seeds joil

Topics : Bioenergy

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