Praj enters Brazil as corn ethanol demand is projected to increase

August 13, 2019
Owning the Energy Transition More...
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Praj Industries announced a cooperation agreement with EPC firm Dedini Industrias to supply its suite of ethanol technologies for the Brazilian market. While sugarcane's dominance in the Brazil market will never falter, corn ethanol has seen increased interest, with the very first commercial-scale corn ethanol facility opening in 2017, which has since expanded to 140 MGY. As automakers continue to embrace the country's ethanol industry with domestically produced flex-fuel vehicles (FFVs) and even a hybrid FFV, Praj joins a list of companies tapping into the growing 13 BGY of production capacity. With BP and Bunge recently forming a JV in Brazil, we expect a significant amount of activity in the coming years for a fairly mature industry.

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