Praj signs MoU with ESIIC to set up ethanol projects in Egypt

New Delhi: Praj Industries Limited (Praj) and the Egyptian Sugar and Integrated Industries Company (ESIIC) of Egypt signed a Memorandum of Understanding (MoU) to develop infrastructure and boost the bioeconomy in Egypt.

Praj Industries released a press note stating, “Praj and Egypt’s largest sugar sector company ESIIC have come together to set up 1st and 2 nd Generation ethanol projects in Egypt. Praj and ESIIC will develop infrastructure, help formulate policy framework, and create awareness etc. to mainstream Bioeconomy. Sugarcane bagasse and rice straw are envisaged to be feedstock for conceiving Egypt’s first 2 nd Generation ethanol project.”

Ethanol with low carbon produced from these 2G plants will be supplied to the production of speciality chemicals.



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