Praj, Novozyme tie-up to reduce cost of enzymes

Bio-fuels technology firm Praj Industries Ltd and enzymes maker Novozymes have collaborated to optimise the enzymes hydrolysis process meant for advanced bio-fuels. Praj chairman Pramod Chaudhari and Novozymes CEO Steen Riisgaard signed the concerned agreement at the on-going climate change summit in Copenhagen, a press release stated.

"We are engaged in pilot trials of advanced bio-fuels in India. We have been working with various agri-residues, including sugarcane bagasse, corn cobs, straw, wood chips, and grasses. Our progress in cellulose to ethanol processing combined with the experience of Novozymes is a significant development, which will enable a considerable reduction in the cost of enzymes for the production of cellulosic ethanol," said Chaudhari.