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Praj Industries-Gevo joint development agreement enters commercialization phase

Praj Industries-Gevo joint development agreement enters commercialization phase

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With the announcement of availability of Gevo’s isobutanol technology for licensing

At the BIO World Congress on Industrial Biotechnology taking place in Montreal, Canada, Praj Industries (Praj) and Gevo, Inc. (Gevo) 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 of Praj’s development work, adapting Gevo’s technology to sugar cane and molasses feedstocks.
In the first phase of development, Praj worked with Gevo’s technology using sugar cane and molasses feedstocks, undertaking test-runs in order to develop a process design package that will now be offered for commercialization to cane juice and molasses-based ethanol plants, as licensees of Gevo’s isobutanol technology. Licensing is expected to be focused on Praj plants located in India, South America and South East Asia, with initial capacity targeted to come online in the 2019/2020 timeframe.

In the next phase of commercialization, Praj is working to adapt Gevo’s technology to Praj’s 2nd Generation bio-refineries enabling the production of isobutanol from lignocellulosic biomass.

Isobutanol has several direct applications as a gasoline blendstock or as a specialty chemical solvent, or it can be used as an intermediate which can be further converted into other chemical products or hydrocarbons such as Gevo’s alcohol-to-jet fuel (ATJ) and isooctane.

Isooctane and renewable gasoline made from cane juice and molasses based isobutanol are expected to be very low in carbon content, offering new approaches to markets where low carbon fuels are valued, such as California and other geographies.

Gevo is expected to be the primary off-taker, marketer and initial distributor for isobutanol produced from the plants built by Praj that use Gevo’s isobutanol technology.

Source: business-standard
Anand Gupta Editor - EQ Int'l Media Network

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