In Canada, at the BIO World Congress on Industrial Biotechnology taking place in Montreal, Canada, Praj Industries Ltd and Gevo, Inc. unveiled a new commercial opportunity in renewable bioproducts, jointly announcing that Gevo’s proprietary isobutanol technology will now be available for licensing to processors of sugar cane juice and molasses. This follows on the back […]
In India, Praj commissioned its second-generation ethanol “smart biorefinery” pilot plant in Gujarat using crop waste as feedstock. In addition to ethanol, the company plans to produce green chemicals and intermediates. Using farm waste will help to reduce the extensive burning farmers practice every year while helping the country to achieve its energy independence goals […]
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 […]
In India, Praj is so confident in its 2G technology or so desperate to secure orders that the debt-free company is willing to take on loans in order to finance its share of the financing for the four plants recently signed with the Indian Oil Corporation and Bharat Petroleum Corporation. The company is expected to […]
Recently, we held a well-attended webinar on the markets and makers of ethanol from conventional to advanced. Here below is a slide deck presented on the day, from Praj – going through the technology landscape that is powering the rise of an Indian cellulosic ethanol industry. The recorded version of the “Ethanol from conventional to advanced” webinar can […]
In India, Indian Oil Corporation Limited (Indian Oil), has selected Praj as its technology partner for setting up multiple 2nd Generation bio-ethanol plants based on indigenously developed technology. Indian Oil will be setting up three such 2G bio-ethanol plants. In order to enhance ethanol availability in the country for blending with petrol, Indian Oil is developing […]
In India, Praj is looking to team up with private equity funds to co-invest in the green fund it will set up to support customers developing second generation ethanol plants. The company announced the fund as well as the development of 10 2G facilities by the various national oil companies a few weeks ago when […]
Despite a signature partnership with Praj, Gevo’s short-term future looks strongest at the marina, where blockbuster economics apply. So Praj and Gevo, which began dating some time ago as prospective partners and started going steady a few months ago in signing an MOU — have decided to move in together, via a license agreement and […]
