Praj Industries partners with Sekab E-Technology AB, Sweden

To offer sustainable decarbonization solutions through a circular bio-economy

May 18, 2020 02:05 IST capital market

Praj Industries and Sekab E-Technology AB, Sweden signed a cooperation agreement to upgrade and commercialize base technology to produce advanced biofuels and bio-chemicals from forest residue as feedstock.

As a part of this cooperation, Praj will add significant value to Sekabs CelluAPP technology of converting forest residue in the form of softwood to ethanol, through Prajs proven capabilities to improve, optimize, integrate and scale up advanced biofuel technologies globally.

Developed by Sekab at its bio-refinery demonstration plant, CelluAPP is a proprietary process for pre-treatment of wood residue followed by enzymatic hydrolysis and co-fermentation to produce ethanol. Praj has complementary strengths by way of its state-of-the-art R&D, optimizing and integrating technologies, scale-up engineering and experience of developing and deploying technologies at commercial scale. This cooperation will enable comprehensive advanced biofuels solutions for the Nordic countries, the USA, Canada and other geographies where surplus residues from snow forest, is available in abundance.

Prajs proprietary enfinity technology to process agricultural residue (bagasse, rice straw, wheat straw, corn stover, cotton stalk, and empty palm fruit bunches) to produce advanced biofuels , has won the confidence of the oil and gas industry. Praj has licensed enfinity technology to as many as four Oil companies to set up integrated bio-refineries which are in various stages of implementation.

To combat the evils of climate change, the Nordic countries have committed to ambitious greenhouse gas emission reduction targets. The Praj-Sekab partnership will facilitate CO2 reduction by offering Bio-mobility solutions for the transportation industry in the form of advanced biofuels produced from softwood. Prajs Bio-Mobility TM platform promotes the use of renewable resources to produce low carbon transportation fuel modes of mobility, namely surface, air and water.

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