Godavari Biorefineries (GBL), a manufacturer of renewable chemicals and biofuels, announced that it has entered into a strategic international license agreement with Catalyxx Inc. The agreement, it added, gives Godavari biorefineries exclusive rights to use advanced technology of Catalyxx’ Inc. The technology will be used to convert ethanol into biobutanol and other higher alcohols.
The Godavari Biorefineries would be able to produce up to 30,000 tons of biobutanol annually in India and sell it in the international market.
Samir Somaiya, Chairman and Managing Director (CMD) of GBL, said, “This partnership with Catalyxx Inc reflects our commitment to advancing sustainable chemistry and underscores our leadership in the bio-chemicals sector. We are excited to embark on this journey and look forward to the positive impact this project will have on our business, the environment, and the communities we serve.”
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In the first phase, Godavari will establish and operate a facility to produce 15,000 metric tons of biobutanol and higher alcohols per year. This would bolster the decarbonization and sustainability and establish the company in the global bio-based chemicals market. The partnership would also enhance the product portfolio of Godavari Biorefineries.
Joaquín Alarcón, CEO of Catalyxx, said, “This strategic partnership with Godavari Biorefineries, a company with an exceptional track record in sustainability, demonstrates the global recognition of our technology’s impact and sets the foundation for the next phase of Catalyxx’s growth. Together, we are pioneering a more sustainable future for the chemical industry.”
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The collaboration underscores the vision of both the companies, Godavari Biorefineries and Catalyxx, to advance the global green transition and deliver bio-based solutions to industries worldwide.
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