PRAJ Industries Ltd. and Novozymes A/S to collaborate on advanced biofuels
PRAJ, a leading company in biofuel technology and plants, and Novozymes, the leading enzyme provider to the biofuel industry, have decided to collaborate on advanced biofuels.
Together, PRAJ and Novozymes will optimize the enzymatic hydrolysis processes and the use of enzymes in the production of advanced biofuel. The two companies have worked together for several years within conventional biofuels.
Biofuels have an important role to play in the world’s future sustainable and low-carbon energy mix. Today’s conventional biofuel production from sugar- or starch-based feedstock is already a green technology. But biofuels are getting even greener, as the industry constantly improves technologies and processes and develops advanced biofuels such as cellulosic ethanol.
Advanced biofuel is one of the world’s most promising advanced biofuels and can be produced from sugarcane bagasse and other types of residual biomass from agriculture and forestry. Advanced biofuel holds an immense potential both in terms of the potential production volumes and the gasoline it will replace – as well as the resulting reductions in CO2 emissions – as cellulosic ethanol reduces emissions by up to 90% when compared to gasoline.
India and other countries that have been working to develop and to deploy biofuel will see clear benefits, from job creation in rural areas to improved energy security. The world will benefit from significantly reduced CO2 emissions in the transport sector, which today is the second largest and fastest growing source of CO2 emissions.
The collaboration agreement was signed in Copenhagen by Pramod Chaudhari, Chairman of PRAJ, and Steen Riisgaard, President & CEO of Novozymes A/S, to mark the Climate Change Summit in Copenhagen.
Pramod Chaudhari and Steen Riisgaard will both attend the 15th United Nations Climate Change Conference (COP15) taking place in Copenhagen from December 7 to 18, 2009.
“PRAJ is engaged in pilot trials of advanced biofuels at our PRAJ-Matrix innovation center in India. We have been working with various agri-residues, including sugarcane bagasse, corn cobs, straw, wood chips, and grasses. Our progress in cellulose-to-ethanol processing combined with the experience of Novozymes in this area is a siginificant development which will enable a significant reduction in the cost of enzymes for the production of cellulosic ethanol,” says Pramod Chaudhari, Executive Chairman, PRAJ Industries, and Chairman of the CII National Committee on Biofuels.
“Novozymes has a strong commitment to sustainable biofuels and not least to develop the enzyme technology needed for a successful commercialization of cellulosic ethanol. We believe this collaboration with PRAJ will be instrumental in ensuring rapid deployment of cellulosic ethanol in India as well as in other parts of the world,” says Steen Riisgaard.
PRAJ is a global Indian company that offers innovative solutions to significantly add value in bioethanol, biodiesel, and brewery plants and related wastewater treatment systems as well as process plant & equipment for customers worldwide. PRAJ is a knowledge-based company with expertise and experience in bioprocesses and engineering. It delivers know-how, license, engineering design, plant & equipment, project management, commissioning, customer care and turnkey projects. Led by an accomplished and caring leadership, PRAJ is a socially responsible corporate citizen. PRAJ is listed on the Mumbai and National Stock Exchanges of India.