Praj forms ethanol JV with Brazil's Jaragua |
BS Reporter / New Delhi December 13, 2007 |
Praj Industries, with interests in biofuels technology, has forged a 54:46 joint venture (JV) with Brazilian firm Jaragua Eguipamentos Industriais to enhance its global share in the ethanol technology, plant and equipment market. The JV company, Praj Jaragua Bioenergia S.A., will supply end-to-end solutions for sugarcane juice to ethanol production. This JV will provide Praj an entry into the fastest growing ethanol market in the world, a decision that the company had announced at the beginning of the year. Praj |