Novozymes, PRAJ team on advanced biofuels

Danish industrial enzymes maker Novozymes A/S  said that it will cooperate on advanced biofuels with Indian biofuel technology company PRAJ Industries Ltd. Advanced biofuel can be produced from sugarcane bagasse and other types of residual biomass from agriculture and forestry. It holds potential both in terms of production volumes and the petrol it will replace. The collaboration agreement was signed in Copenhagen by Pramod Chaudhari, chairman of PRAJ, and Steen Riisgaard, president and chief executive officer of Novozymes A/S, to mark the Climate Change Summit in Copenhagen. (December 10, 2009)