Praj Industries has signed a memorandum of understanding (MoU) to become a licensee for bio-fuels company Gevo. The agreement is for producing renewable isobutanol at sugar-based ethanol plants.
Under the MoU, Praj will undertake to license up to 250 million gallons of isobutanol capacity for sugar-based ethanol plants over the next 10 years. Gevo will market the isobutanol produced by Praj’s sub-licensees.
Praj will also contribute process engineering and equipment services to expand isobutanol capacity at Gevo’s plant in Luverne, Minnesota, as well as to improve yields and optimise energy consumption at the facility.
Praj Industries is a Process Engineering and Technology Company offering innovative end-to-end solutions for biofuels, brewery, industrial processes and water and wastewater treatment systems.
Company Name | CMP |
---|---|
BHEL | 276.80 |
Bharat Electronics | 235.45 |
Thermax | 4480.50 |
Kirloskar Oil Eng | 993.65 |
Praj Industries | 546.90 |
View more.. |