Godavari Biorefineries Limited (GBL), a player in renewable chemicals and biofuels, has signed a strategic licensing agreement with Catalyxx Inc., granting GBL exclusive rights to utilize Catalyxx’s advanced technology for converting ethanol into biobutanol and other higher alcohols in India and selling globally.
The partnership supports GBL’s commitment to sustainability and decarbonization.
In the initial phase, GBL will construct a state-of-the-art facility capable of producing 15,000 metric tons of biobutanol and higher alcohols annually.
Once operational, the facility will strengthen GBL’s position in the global bio-based chemicals market.
Key Highlights
- Market Leadership: Positions GBL at the forefront of the global bio-based chemical industry.
- Eco-Friendly Solutions: Expands GBL’s portfolio with renewable, sustainable products.
- Industry Benchmarking: Establishes the biobutanol plant as a model for innovation and sustainability.
- Global Green Transition: Reflects a shared commitment to advancing sustainability in chemical production.
- Collaborative Strength: Combines GBL’s proven track record and Catalyxx’s cutting-edge technology.
Samir Somaiya, Chairman and Managing Director of GBL emphasized, “Godavari Biorefineries and Catalyxx partnership with Catalyxx highlights our leadership in sustainable chemistry. We are excited to deliver innovative solutions that positively impact our business, the environment, and the communities we serve”.
Catalyxx CEO Joaquín Alarcón added, “The agreement reflects our dedication to advancing sustainable chemistry. Partnering with GBL, a company known for its sustainability efforts, underscores the global significance of our technology. It also lays the foundation for a greener chemical industry.”
As per the press release, the collaboration between Godavari Biorefineries and Catalyxx marks a significant step in the journey toward a sustainable future. It focuses on creating eco-friendly solutions to meet the demands of industries worldwide.
