SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Praj to begin work on ethanol plant expansion in Argentina

08 Dec 2015 Evaluate

IngenioTabacal, one of the largest sugar and ethanol producers in Argentina has selected Praj Industries for expansion of its existing alcohol and ethanol plant located in Salta province. Argentina has an ambitious ethanol blending program, with current mandate at 10%, which is likely to be increased in near future.

A professionally managed company, Tabacal is owned by Seaboard Corporation, USA. Tabacal invited bids from international suppliers for this project. After due evaluation of various technologies from Europe, Brazil etc, Praj was selected based on its solution of lowest energy consumption, experience in the region and execution capability.

For this 800 m3/day ethanol plant, Praj will employ efficient distillation and molecular sieve dehydration technology, using very low pressure exhaust steam to achieve 50-60% steam saving. Praj will also assist Tabacal in modernizing existing alcohol and ethanol production plant to bring the fermentation, distillation and vinasse treatment modules to achieve global benchmarks.

This plant will be one of the most efficient plants in Argentina's sugar belt. Earlier, Praj has commissioned a plant based on corn to ethanol in the Santa Fe province of Argentina for Vicentine SAIC. Praj has a significant market share in the Latin America. Recently, Praj commissioned one of the largest ethanol plants in Colombia for Riopaila Castilla with a capacity of 400 m3/day.

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.

Praj Industries Share Price

350.80 0.05 (0.01%)
20-Apr-2026 09:21 View Price Chart
Peers
Company Name CMP
BHEL 323.45
Thermax 4149.90
Kirloskar Oil Eng 1660.00
Skipper 430.00
GMM Pfaudler 926.10
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×