Ajooni Biotech has entered into a strategic partnership with Avalon Bioenergy, an Indian subsidiary of the US-based Avalon Energy Group, for sustainable processing of moringa in the country. This collaboration will be for setting up processing plants, including crushing and drying mills, for moringa seeds and leaves.
As per the agreement, Avalon will focus on extracting oil for further processing and marketing, whereas Ajooni will utilise the remaining oil cake to create animalfeed products for further processing and distribution within India as well as for exports.
Avalon Bioenergy, a subsidiary of United States-based Avalon Energy Group, is an Indian clean energy biorefineries development company to design, build, and operate multiple manufacturing plants pan-India to produce biodiesel, glycerin, sustainable aviation fuel (SAF), oleo chemicals and other products. It has also signed a long-term purchase and sales contract with Novvi, a ole chemical company owned by Chevron USA.
Recently, Ajooni has announced the acquisition of 5,55,000 sq. yards (49,95,000 sq. ft.) of land near Harij village in Patan district of Gujarat for moringa cultivation.