India, April 20 -- Praj Industries has signed a Construction License Agreement (CLA) with Gevo Inc, USA dated April 4, 2019, to commercialise technology for the production of isobutanol using sugary-based feedstocks, such as juice, syrup and molasses. Pursuant to the CLA, Praj will provide Engineering Procurement and Construction (EPC) services to third parties using a process design package developed by Praj. This package uses Gevo's proprietary isobutanol biocatalyst on sugary-based feedstock. Isobutanol 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 an MoU with Gevo Inc. to commercialise Gevo's renewable hydrocarbons...