Novozymes, Indian Praj Industries team up on biofuel demonstration project

Jun 21, 2012 - Indian process and project engineering specialist Praj Industries (BOM:522205) is to build a demonstration biofuel plant using enzymes supplied by a local unit of Danish Novozymes A/S (CPH:NZYM B), The Hindu Business Line said yesterday.

The enzymes will help in the process of turning wheat straw, rice straw, bagasse and other sources of biomass into fuels such as ethanol, Novozymes South Asia's head G S Krishnan explained. Praj is to establish the plant in two months, Business Line quoted Krishnan as saying.

Novozymes has already formed a partnership with Indian biotech start-up Sea6 Energy to develop a seaweed-to-fuel production process. The company is interested in additional partnerships on biofuel research, Krishnan added.

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