Catalyxx and Godavari Biorefineries have partnered to establish a biobutanol production plant in India, leveraging innovative technology to advance sustainability in the chemical industry.
Information on the Target
Catalyxx Inc. ("Catalyxx") is an innovative company focused on sustainable chemical production, specifically aiming to transform bioethanol into higher alcohols such as biobutanol. Recently, Catalyxx signed a significant agreement with Godavari Biorefineries Limited (GBL) that grants GBL exclusive rights to utilize Catalyxx's proprietary technology. This collaboration is set to create a plant in Maharashtra, India, with an initial production capacity of 15,000 metric tons per year, expandable to 30,000 metric tons in future phases.
This plant represents a pivotal project in advancing the decarbonization efforts within the chemical industry, allowing for a substantial reduction in carbon emissions and promoting environmentally friendly production practices.
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Industry Overview in India
The chemical industry in India has been undergoing significant transformation, driven by a growing emphasis on sustainability and environmental responsibility. As one of the largest contributors to the country's GDP, the s
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Beka
invested in
Godavari Biorefineries Limited
in 2024
in a Strategic Partnership deal