Godavari Biorefineries secures license agreement with Catalyxx for biobutanol

Godavari Biorefineries Limited (GBL), a leading name in the renewable chemicals industry, has taken a significant step forward in sustainable green innovation by securing an exclusive license agreement with Catalyxx Inc. This partnership allows Godavari Biorefineries Limited to utilise Catalyxx advanced technology for the conversion of ethanol into biobutanol and higher alcohols. Announced on December 2, 2024, the agreement underscores both companies’ commitment to reshaping the bio-based chemicals market with eco-friendly solutions.

The deal grants Godavari Biorefineries Limited exclusive rights to produce up to 30,000 metric tons of biobutanol and other alcohols annually. In its first phase, GBL plans to establish a state-of-the-art facility capable of producing 15,000 metric tons of biobutanol and higher alcohols per year. This milestone further cements GBL’s leadership in the bio-based chemicals market, driving growth in the renewable chemicals industry and contributing to global sustainable green innovation.

Strategically, the exclusive license agreement positions GBL as a trailblazer in the chemical industry. By leveraging Catalyxx advanced technology, the company will develop eco-friendly products derived entirely from renewable resources. Samir Somaiya, Chairman and Managing Director of Godavari Biorefineries Limited, remarked that this transformative collaboration highlights the company’s long-standing commitment to advancing sustainable green innovation.

Joaquín Alarcón, CEO of Catalyxx Inc, described the partnership as a validation of the company’s role in the renewable chemicals industry. He emphasised that the agreement reflects years of development and solidifies Catalyxx’s position in the bio-based chemicals market. He further added that this collaboration with Godavari Biorefineries Limited will catalyse the adoption of environmentally conscious solutions across industries.

This initiative supports GBL’s broader mission of promoting a circular economy through sustainable green innovation. As a publicly traded company on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), Godavari Biorefineries Limited has consistently prioritised renewable energy and sustainability in its projects.

Catalyxx Inc, known for its cutting-edge innovations in the bio-based chemicals market, aligns seamlessly with GBL’s objectives. Together, the companies are poised to drive significant progress in the renewable chemicals industry, demonstrating the potential of Catalyxx advanced technology to revolutionise traditional manufacturing processes and significantly reduce carbon emissions.

The new plant, slated for completion in the coming years, is expected to set new standards for excellence in sustainable green innovation. Analysts believe this partnership will not only elevate Godavari Biorefineries Limited in the bio-based chemicals market but also inspire further collaborations within the renewable chemicals industry.