Praj Industries and the biotech start-up Lygos have signed a Memorandum of Understanding (MOU) to co-develop Lygos’s proprietary yeast for the production of lactic acid.
Praj will be licensing Gevo’s proprietary technology for the production of isobutanol. It will be made available to processors of sugar cane juice and molasses. This follows on the back of Praj’s development work, adapting Gevo’s technology to sugarcane and molasses feedstocks.
Tabacal owned by Seaboard Corporation, USA, invited bids from international suppliers for this project. Praj was selected based on its solution of lowest energy consumption, experience in the region and execution capability.
As part of these agreements, Praj will invest substantial resources in the development and optimization of Gevo’s isobutanol technology for use with non-corn feedstocks including sugarcane, sugar beet, cassava, rice, sorghum, wheat and certain cellulosic sugars. This development work is anticipated to lead to process design packages (“PDP”) that would be expected to accelerate the licensing of Gevo technology to processors of these, particularly in Praj’s extensive customer base. The development work is expected to build upon the PDP that Gevo already has developed for corn, translating it to other feedstocks and plant configurations.