Praj Industries (Praj) has signed a licensing agreement and a joint development agreement with Gevo Inc. for Gevo’s Isobutanol technology. This is further to the MOU signed earlier in the year. The Isobutanol technology will be offered to sugar and starch based ethanol plants, including the majority of Praj’s customers, globally.
As part of these agreements, Praj will invest substantial resources in the development and optimization of Gevo’s Isobutanol technology applied to feed stocks including sugar cane, sugar beets, cassava, rice, sorghum, wheat and certain cellulosic sugars. This development work is expected to lead to process design packages (PDP) that would accelerate the licensing of the technology. The PDP will build upon the work Praj has carried out on sugar and starch based feedstocks.
Praj and Gevo will also commercialize Gevo’s technology for making renewable jet fuel (ATJ) from Isobutanol in India. The emission reduction measures adopted by the Aviation sector will be greatly helped by use of renewable jet fuel.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: