Catalyxx has partnered with Godavari Biorefineries Limited to build a biobutanol production plant in Maharashtra, India, enhancing the decarbonization of the chemical industry.
Information on the Target
Catalyxx Inc. is a pioneering company specializing in sustainable chemistry solutions, specifically aiming to decarbonize the chemical industry. The company has developed a patented technology that efficiently converts bioethanol into biobutanol and other superior alcohols, such as n-butanol, hexanol, octanol, and decanol. These products are entirely renewable and possess a negative carbon footprint, providing an eco-friendly alternative to traditional petrochemical products.
Through its investor vehicle Aether Chemical Investments, Beka is amplifying its commitment to sustainability and industrial decarbonization by partnering with Catalyxx. This strategic collaboration involves the construction of a new production facility in Maharashtra, India, which will initially produce 15,000 metric tons annually, with potential expansion to 30,000 metric tons.
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Industry Overview in India
India's chemical industry has been undergoing a significant transformation as the government and various organizations are increasingly focusing on sustainable practices. The pus
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Beka
invested in
Godavari Biorefineries Limited (GBL)
in 2024
in a Other deal