India, Sept. 16 -- Praj Industries and Gevo Inc. have signed a Development & Commercialization Agreement for Bio-Isobutanol (Bio-IBA) technology in India, strengthening their long-standing partnership in sustainable low-carbon fuel solutions.
Under the agreement, Praj Industries will have exclusive rights to commercialise and deploy Bio-IBA technology in India, with an initial focus on diesel blending applications aimed at reducing the carbon intensity of transportation and industrial fuels.
The partnership builds on more than a decade of collaboration between the companies to adapt and advance Bio-IBA technology for Indian feedstocks and market requirements. Praj will contribute its expertise in engineering, project execution, scale-up a...