Gevo and Praj sign definitive MFA on Indian SAF collaboration

In India, Gevo, Inc. and Praj Industries Ltd. have signed a binding, definitive Master Framework Agreement (MFA) to collaborate on providing renewable, low carbon, low particulate, Sustainable Aviation Fuel (SAF) and renewable premium gasoline in India and neighboring countries. This follows an earlier announcement in April 2019 between both parties regarding the commercialization of renewable isobutanol, SAF and renewable premium gasoline.

Gevo will license its technology and Praj will provide technology, plant equipment and EPC services to sugar mills and ethanol plants to produce renewable isobutanol from 1G feedstock (cane juice, cane molasses, sugar syrup, etc.) and 2G feedstock (cellulosic biomass like straws, bagasse, etc.) The renewable isobutanol will be aggregated and transferred to various refineries. Gevo will also license its technology and Praj will provide technology, plant equipment and EPC services to refineries for converting renewable isobutanol into Sustainable Aviation Fuel and premium gasoline through the ASTM-approved pathway of Alcohol-to-Jet (ATJ).