Praj Industries Collaborates With Gevo Usa
Praj Industries Limited announced that it has signed a Construction License Agreement (CLA) with Gevo, Inc, USA to commercialize technology for the production of lsobutanol using sugary-based feedstocks, such as juice, syrup and molasses. Pursuant to the CLA, Praj will provide Engineering Procurement and Construction (EPC) services to 3rd parties using a process design package developed by Praj. This package uses Gevo's proprietary lsobutanol biocatalyst on sugary-based feedstock. lsobutanol derived from said proprietary process is high energy renewable intermediate product that finds application in Aviation and Racing cars.
To that effect, Praj also signed a Memorandum of Understanding (MOU) with Gevo Inc. to commercialize Gevo's renewable hydrocarbons products. This includes Gevo's renewable alcohol-to-jet fuel ("ATJ") and renewable isooctane, derived from Gevo's renewable lsobutanol.