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Be8 Signs Process, Design and Engineering License Agreement for Ethanol Plant with Praj

8/16/2024

-- Be8 press release --

Be8 has chosen and has entered into a license agreement with Praj, an Indian company and global leader in bio-energy, to establish the process, design, and engineer its first ethanol plant in Passo Fundo, Rio Grande do Sul, Brazil. The ethanol plant is the first large-scale one in the state producing biofuel with cereals. The new factory is expected to be operational in 2026 and involves an investment of approximately R$1 billion.

Praj is India's most successful company in bio-based technologies, engineering and modularised solutions, with projects across the globe. Praj's solution is distinguished by its energy efficiency, capable of guaranteeing a quality product at the lowest operating cost and with experience in cereal-based ethanol production.

“This is another very consistent step to guarantee Brazil an innovative investment with the best international know-how for the production of cereal-based ethanol”, celebrated Erasmo Carlos Battistella, President of Be8. “I am very pleased to establish this partnership with Praj and its entire team of experts who, together with Be8 professionals, will reinforce the country's position as a protagonist in the energy transition,” he said.

"In our pursuit of accelerating the energy transition and decarbonizing mobility, Praj Industries is proud to partner with Be8, a global renewable energy company, to establish a Wheat-Based Low Carbon Ethanol Plant”, said Shishir Joshipura, CEO of Praj. "Together, we embark on a journey towards a circular bioeconomy as a sustainable climate action, that drives innovation and progress”.