Praj Industries Limited, a leader in biotechnology and engineering, showcased its Q2 FY25 financial performance amidst mixed economic conditions. Despite a 10.2% decline in YoY operational income, Praj maintained a positive outlook with strategic advancements, especially in its bioenergy sector, which contributed a staggering 70% to H1 FY25 revenue. The company’s EBITDA margins remained steady, […]
Indian Oil Corporation Limited (IndianOil) and industrial biotech company Praj Industries Limited have formalized plans to bolster biofuels production capacities in India. The two companies signed a term sheet that includes a variety of biofuels, such as Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel, and Bio-bitumen. This initiative follows an agreement reached in […]
Praj Industries has developed an innovative technology for producing bio-bitumen based on lignin, a co-product resulting from the second generation ethanol plants, paper making, and compressed biogas plants. The Indian industrial biotech company said that Netherlands-based Circular Biobased Delta (CBBD), as a part of its flagship CHAPLIN program, has approved the former’s bio-bitumen samples processed […]
