INDIA - Tata Chemicals' wholly owned subsidiary, Tata Chemicals Asia Pacific Pte Ltd, is to
invest S$25 million in JOil (Singapore) Pte Ltd.

JOil, a Jatropha seedling company based in Singapore, has been set up by the Temasek Life
Sciences Laboratory Ltd (TLL), along with other investors in Singapore.

Homi Khusrokhan, Managing Director, Tata Chemicals, said: "Jatropha has been identified as an
ideal starting material for biodiesel production for countries like India, because it can be grown
on wasteland.

"However, the non-availability of good quality planting material has resulted in highly variable
yields from the cultivation carried out so far.