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Praj Industries enters renewable chemicals and materials

Thursday, 09 Jul 2020
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Bioenergy firm Praj Industries is foraying into the new business of renewable chemicals and materials (RCM) where the products are produced from bio-based feedstocks as an alternative to fossil fuels based resources.

Over the past three decades, the company has developed insights at its R&D facility, Praj Matrix, in processing diverse range of bio-based feedstocks.

As part of the plan, the company has collaborated with the National Chemical Laboratory (NCL), Pune, to explore opportunities available in the RCM industry.

It has also formed a panel of experts and advisors to draw up a blueprint for the RCM programme.

Praj’s Bio-Prism portfolio, under which the new initiative has been launched, comprises bio-industrial products including bio-plastics, cellulose-lignin refinery products and specialty chemicals.

These products have applications in automotive, packaging, furnishing, construction, agriculture and food sectors.

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