Indian giant Praj enters Brazilian market with JV to sell equipment and productivity tools

In Brazil, Praj Industries will take a 54 percent stake in a joint venture with Jaragua Equipments to pursue increased sales of ethanol plant equipment and systems improvement tools into the Brazilian market.

Recently, Praj and Tata Chemicals established a joint venture toconstruct a $10 million sweet sorghum based ethanol plant in Maharashta, India. The plant will have a capacity of 3 Mgy of ethanol and commences operation in September 2008. The plant will generate its own power with the help of bagasse from the milling process.

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