Praj Industries, global process solutions company, has signed a memorandum of understanding (MoU) to become a Gevo Licensee for producing renewable isobutanol at sugar based ethanol plants.
Under the MoU, Praj will undertake to license up to 250 million gallons of isobutanol capacity for sugar-based ethanol plants over the next ten years. Gevo will market the isobutanol produced by Praj's sub-licensees.
Praj will also contribute process engineering and equipment services to expand isobutanol capacity at Gevo's plant in Luverne, Minnesota, as well as to improve yields and optimize energy consumption at the facility.