Gevo and Praj sign exclusive Indian bio-isobutanol commercialization deal
Gevo ($GEVO) and Praj Industries signed a development and commercialization agreement for renewable isobutanol in India. Praj will lead local commercialization and hold exclusive deployment rights in the country. The initial emphasis is on blending bio-isobutanol into diesel, combining Gevo’s technology with Praj’s engineering, feedstock knowledge and project-delivery capabilities. Praj is separately developing a demonstration plant for an Indian oil-marketing company using licensed Gevo technol
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