This partnership offers GBL extraordinary rights to leverage Catalyxx’s cutting-edge technology for the conversion of ethanol for as much as 30,000 tons of biobutanol and other higher alcohols
Godavari Biorefineries Limited (GBL), a pioneer in renewable chemicals compounds and biofuels, has announced the signing of a strategic international license agreement with Catalyxx Inc for biobutanol and higher alcohol.
This partnership permits GBL exclusive rights to leverage Catalyxx’s cutting-edge technology for the conversion of ethanol for up to 30,000 tons of biobutanol and other better alcohols.
Godavari will in the first segment, construct and perform a state of the art facility designed to produce 15,000 metric tons of biobutanol and higher alcohols yearly, marking a significant milestone in the organization’s commitment to decarbonisation and sustainability.
This agreement will position GBL at the vanguard of the global bio-based chemical market and enhance GBL’s product portfolio with sustainable and eco-friendly solutions made from renewable resources. It reflects the shared commitment of Godavari Biorefineries and Catalyxx to advancing the global green transition.
Speaking at the occasion, Samir Somaiya, Chairman and Managing Director (CMD), GBL said, “This partnership with Catalyxx Inc reflects our commitment to advancing sustainable chemistry and underscores our leadership within the bio-chemicals region. We are excited to embark in this journey and stay up for the high impact this project could have on our enterprise, the environment, and the communities we serve.”
“This agreement is the culmination of years of rigorous development and innovation, reflecting our unwavering dedication to advancing sustainable chemistry,” said Joaquín Alarcón, CEO, Catalyxx.
“This strategic partnership with Godavari Biorefineries, a organization with an exceptional track record in sustainability, demonstrates the global recognition of our technology’s effect and sets the foundation for the following phase of Catalyxx’s growth. Together, we’re pioneering a greater sustainable future for the chemical industry,” added Alarcón.
