Praj’s Q3 steady with an eye on cellulosic plants with IOC

February 15, 2017 |

In India, Praj Industries’ financial results for Q3 were steady on the year with income at $34.8 million, with a backlog of project orders as of the December 31 of $162 million, with about 40% international orders and the remainder domestic. The two cellulosic ethanol plants announced last year with Indian Oil Corp in Haryana and Gujarat that will have a daily production of 100,000 liters has the company excited about its future role in the domestic market.

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Category: Producer News

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