03-12-2024 04:37 PM | Source: PR Agency
Comment on the licensing agreement Godavari Biorefineries has entered into with Catalyxx Inc by Viswajit Srinivasan, a senior banker and sustainable finance expert of Indian origin based out of UK
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Below the Comment on the licensing agreement Godavari Biorefineries has entered into with Catalyxx Inc by Viswajit Srinivasan, a senior banker and sustainable finance expert of Indian origin based out of UK
Catalyxx Inc is a US based firm which has patented technology for conversion of ethanol into higher alcohols which not only improves the production process making it less capex intensive but also by use of a catalytic process which makes the model scalable. Catalyxx’s technology which is the core to the licensing arrangement will help Godavari Refineries produce over 30,000 MT of biobutanol. This is a noteworthy step taken by the company in not just improving its market standing but also in transitioning towards a more sustainable production process.
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